Scott N. Greenberg - 14 Oct 2021 Form 4 Insider Report for GP STRATEGIES CORP

Reporting relationship: Director
Issuer ticker: N/A
Reported as of: 14 Oct 2021
Net transaction value: -$6,344,426
SEC form: 4
Accepted by SEC: 18 Oct 2021, 15:19:33 UTC
Prior SEC filing: 22 Jul 2021
Next SEC filing: 04 Jan 2022
Source filing: View source filing
Reporting owner signature: Scott N. Greenberg

Key filing fact

Scott N. Greenberg filed Form 4 for GP STRATEGIES CORP on 18 Oct 2021.

Key facts

This page summarizes Scott N. Greenberg's Form 4 filing for GP STRATEGIES CORP.
2 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 18 Oct 2021, 15:19.

Change

Previous filing in this sequence was filed on 22 Jul 2021.
Current net transaction value: -$6,344,426.

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.

GPX transaction

Common Stock

Disposed to Issuer

Transaction value: $5,986,348
Shares: -287,115
Change %: -100%
Price: $20.85
Shares after: 0
Date: 14 Oct 2021
Ownership: Direct
Footnotes: F1, F2

GPX transaction

Common Stock

Disposed to Issuer

Transaction value: $358,078
Shares: -17,174
Change %: -100%
Price: $20.85
Shares after: 0
Date: 14 Oct 2021
Ownership: GP 401(k) Plan
Footnotes: F1

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

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

On July 15, 2021, the Issuer entered into an Agreement and Plan of Merger (the "Merger Agreement") with Learning Technologies Group plc, a public limited company incorporated in England and Wales ("LTG"), Learning Technologies Acquisition Corporation, a Delaware corporation and direct wholly owned subsidiary of LTG ("US Holdco"), and Gravity Merger Sub, Inc., a Delaware corporation and wholly owned subsidiary of US Holdco ("Merger Sub"), pursuant to which each share of common stock of the Issuer was converted into the right to receive a cash payment equal to the per share merger consideration of $20.85.

Footnote F2

Represents 271,923 shares of common stock of the Issuer disposed of pursuant to the Merger Agreement and 15,192 Restricted Stock Units disposed of pursuant to the Merger Agreement.