David Sgro - 27 Dec 2022 Form 4 Insider Report for Hill International, Inc.

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
27 Dec 2022, 15:56:26 UTC
Prior SEC filing
12 Jul 2022
Next SEC filing
16 Feb 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
William H. Dengler, Attorney-in-Fact

Key filing fact

David Sgro filed Form 4 for Hill International, Inc. on 27 Dec 2022.

Key facts

  • This page summarizes David Sgro's Form 4 filing for Hill International, Inc..
  • 2 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 27 Dec 2022, 15:56.

Change

  • Previous filing in this sequence was filed on 12 Jul 2022.
  • Current net transaction value: -$2,108,734.

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.

HIL transaction

Common Stock

Disposed to Issuer

Transaction value
$884,224
Shares
-260,066
Change %
-100%
Price
$3.40
Shares after
0
Date
27 Dec 2022
Ownership
Direct
Footnotes
F1
HIL transaction

Common Stock

Disposed to Issuer

Transaction value
$1,224,510
Shares
-360,150
Change %
-100%
Price
$3.40
Shares after
0
Date
27 Dec 2022
Ownership
By Jamarant Capital, L.P.
Footnotes
F1, F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

David Sgro is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 2 footnotes

Footnote F1

Pursuant to the Amended and Restated Agreement and Plan of Merger, dated August 26, 2022 (the "Merger Agreement"), by and among Hill International, Inc., Global Infrastructure Solutions Inc. and Liberty Acquisition Sub Inc., these shares of common stock were automatically converted into the right to receive $3.40 per share in cash.

Footnote F2

The reported shares are owned by Jamarant Capital, L.P., of which Mr. Sgro is a Managing Member. Mr. Sgro disclaims beneficial ownership of the reported shares, except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that Mr. Sgro is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.

SEC remarks

In connection with the transaction contemplated by the Merger Agreement, the reporting person ceased to be a Section 16 reporting person.

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