Mark Monroe - 15 Feb 2022 Form 4 Insider Report for PAE Inc

Reporting relationship: Vice President, Controller
Issuer ticker: N/A
Reported as of: 15 Feb 2022
Net transaction value: $0
SEC form: 4
Accepted by SEC: 16 Feb 2022, 15:08:31 UTC
Prior SEC filing: 09 Aug 2021
Source filing: View source filing
Reporting owner signature: By: /s/ Paul W. Cobb, Jr., as attorney-in-fact for Mark Monroe

Key filing fact

Mark Monroe filed Form 4 for PAE Inc on 16 Feb 2022.

Key facts

This page summarizes Mark Monroe's Form 4 filing for PAE Inc.
5 reported transactions and 4 derivative rows are listed below.
Accepted by SEC: 16 Feb 2022, 15:08.

Change

Previous filing in this sequence was filed on 09 Aug 2021.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

PAE transaction

Class A Common Stock

Disposed to Issuer

Transaction value
Shares: -34,322
Change %: -100%
Price
Shares after: 0
Date: 15 Feb 2022
Ownership: Direct
Footnotes: F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

PAE transaction Derivative

Restricted Stock Units

Disposed to Issuer

Transaction value
Shares: -7,227
Change %: -100%
Price
Shares after: 0
Date: 15 Feb 2022
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 7,227
Exercise price
Footnotes: F2

PAE transaction Derivative

Restricted Stock Units

Disposed to Issuer

Transaction value
Shares: -10,096
Change %: -100%
Price
Shares after: 0
Date: 15 Feb 2022
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 10,096
Exercise price
Footnotes: F2

PAE transaction Derivative

Performance Restricted Stock Units

Award

Transaction value
Shares: +29,599
Change %
Price
Shares after: 29,599
Date: 15 Feb 2022
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 29,599
Exercise price
Footnotes: F3

PAE transaction Derivative

Performance Restricted Stock Units

Disposed to Issuer

Transaction value
Shares: -29,599
Change %: -100%
Price
Shares after: 0
Date: 15 Feb 2022
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 29,599
Exercise price
Footnotes: F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

At the effective time of the merger contemplated by the Agreement and Plan of Merger, dated October 25, 2021, among PAE Incorporated (the "Company"), Amentum Government Services Holdings LLC, and Pinnacle Virginia Merger Sub Inc. (the "Merger"), each issued and outstanding share of Class A common stock of the Company held by the Reporting Person was converted into the right to receive $10.05 in cash, without interest and less applicable withholding taxes.

Footnote F2

At the effective time of the Merger, each issued and outstanding Restricted Stock Unit ("RSU"), whether vested or unvested, held by the Reporting Person was cancelled and converted into the right to receive (without interest and less applicable withholding taxes) an amount in cash equal to (i) the number of shares of Class A Common Stock underlying each such RSU multiplied by (ii) $10.05.

Footnote F3

At the effective time of the Merger, each issued and outstanding Performance Restricted Stock Unit ("PSU"), to the extent unvested, vested at the target level of performance and was cancelled and converted into the right to receive (without interest and less applicable withholding taxes) an amount in cash equal to (i) the number of shares of Class A Common Stock underlying such vested PSU award multiplied by (ii) $10.05.