Key facts
- This page summarizes Eric Wayne Davis's Form 4 filing for Houston Wire & Cable CO.
- 3 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 17 Jun 2021, 20:46.
Eric Wayne Davis - 15 Jun 2021 Form 4 Insider Report for Houston Wire & Cable CO
- Reporting relationship
- VP & CFO
- Issuer ticker
- N/A
- Reported as of
- 15 Jun 2021
- Net transaction value
- $0
- Reporting owner signature
- /S/TAMIKA HOWARD, ATTORNEY-IN-FACT
Source evidence
Original filing metadata and source links for verification.
3 source fields
Reporting owner
1 detail
Key filing fact
Eric Wayne Davis filed Form 4 for Houston Wire & Cable CO on 17 Jun 2021.
Change
- No earlier filing in this sequence is available for direct comparison.
- 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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
HWCC
transaction
COMMON STOCK
Disposed to Issuer
- Transaction value
- Shares
- -77,652
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 15 Jun 2021
- Ownership
- Direct
- Footnotes
- F1
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
HWCC
transaction
Derivative
RESTRICTED STOCK UNIT
Disposed to Issuer
- Transaction value
- Shares
- -2,051
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 15 Jun 2021
- Ownership
- Direct
- Underlying class
- COMMON STOCK
- Underlying amount
- 2,051
- Exercise price
- Footnotes
- F2
HWCC
transaction
Derivative
STOCK OPTION
Disposed to Issuer
- Transaction value
- Shares
- -5,000
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 15 Jun 2021
- Ownership
- Direct
- Underlying class
- COMMON STOCK
- Underlying amount
- 5,000
- Exercise price
- $5000.00
- Footnotes
- F3, F4
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Eric Wayne Davis is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 4 footnotes
Footnote F1
Pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated as of March 24, 2021, by and among the Omni Cable, LLC, OCDFH Acquisition Sub Inc. ("Merger Sub") and Houston Wire & Cable Company (the "Issuer"), effective as of the effective time of the merger of Merger Sub with and into the Issuer (the "Merger"), these shares of the Issuer's common stock were canceled and converted into the right to receive $5.30 in cash per share (the "Merger Consideration"). The number of shares reported includes 61,142 shares of restricted stock subject to vesting considerations previously reported, which vested in full upon consummation of the Merger.
Footnote F2
The number of restricted stock units reported includes 2,051 restricted stock units subject to time-based vesting conditions previously reported, which vested in full upon consummation of the Merger. Pursuant to the Merger Agreement, effective as of the effective time of the Merger these restricted stock units were canceled and converted into the right to receive the Merger Consideration.
Footnote F3
These stock options vested in one-third increments on each of the first three anniversaries of the grant date.
Footnote F4
Pursuant to the Merger Agreement, these outstanding vested stock options were cancelled without any payment to the reporting person, since the exercise price was greater than the Merger Consideration.