Alan Mustacchi - 22 Jun 2022 Form 4 Insider Report for Summer Infant, Inc.

Reporting relationship: Director
Issuer ticker: N/A
Reported as of: 22 Jun 2022
Net transaction value: -$196,728
SEC form: 4
Accepted by SEC: 22 Jun 2022, 09:29:50 UTC
Prior SEC filing: 21 May 2021
Source filing: View source filing
Reporting owner signature: /s/ Elizabeth W. Fraser, Attorney-in-Fact

Key filing fact

Alan Mustacchi filed Form 4 for Summer Infant, Inc. on 22 Jun 2022.

Key facts

This page summarizes Alan Mustacchi's Form 4 filing for Summer Infant, Inc..
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 22 Jun 2022, 09:29.

Change

Previous filing in this sequence was filed on 21 May 2021.
Current net transaction value: -$196,728.

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.

SUMR transaction

Common Stock

Disposed to Issuer

Transaction value: $196,728
Shares: -16,394
Change %: -100%
Price: $12.00
Shares after: 0
Date: 22 Jun 2022
Ownership: Direct
Footnotes: F1

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

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

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

Explanation of responses 1 footnote

Footnote F1

This Form 4 reports shares of Common Stock disposed of pursuant to the Agreement and Plan of Merger, dated March 16, 2022, among Summer Infant, Inc. (the "Company"), Kids2, Inc. and Project Abacus Acquisition Corp., pursuant to which Project Abacus Acquisition Corp. merged into the Company effective on June 22, 2022 (the "Effective Time"), with the Company becoming a wholly owned subsidiary of Kids2, Inc. At the Effective Time, each issued and outstanding share of Common Stock was cancelled and converted into the right to receive $12.00 per share in cash, without interest thereon and subject to any required tax withholding.