Peter A. Feld - 27 Sep 2022 Form 4 Insider Report for GCP Applied Technologies Inc.

Reporting relationship: Director
Issuer ticker: N/A
Reported as of: 27 Sep 2022
Net transaction value: -$209,865,472
SEC form: 4
Accepted by SEC: 27 Sep 2022, 14:12:20 UTC
Prior SEC filing: 15 Sep 2022
Next SEC filing: 16 Dec 2022
Source filing: View source filing
Reporting owner signature: /s/ Peter A. Feld

Key filing fact

Peter A. Feld filed Form 4 for GCP Applied Technologies Inc. on 27 Sep 2022.

Key facts

This page summarizes Peter A. Feld's Form 4 filing for GCP Applied Technologies Inc..
2 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 27 Sep 2022, 14:12.

Change

Previous filing in this sequence was filed on 15 Sep 2022.
Current net transaction value: -$209,865,472.

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.

GCP transaction

Common Stock

Disposed to Issuer

Transaction value: $585,472
Shares: -18,296
Change %: -100%
Price: $32.00
Shares after: 0
Date: 27 Sep 2022
Ownership: Direct
Footnotes: F1

GCP transaction

Common Stock

Disposed to Issuer

Transaction value: $209,280,000
Shares: -6,540,000
Change %: -100%
Price: $32.00
Shares after: 0
Date: 27 Sep 2022
Ownership: By Starboard Value LP
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

Peter A. Feld 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

Disposed of pursuant to the Agreement and Plan of Merger, by and among Cyclades Parent, Inc., Cyclades Merger Sub, Inc., GCP Applied Technologies Inc. (the "Issuer") and Compagnie de Saint-Gobain S.A., dated December 5, 2021, whereby each outstanding share of the Issuer's common stock was cancelled at the effective time of the merger and converted into the right to receive a cash payment of $32.00 per share.

Footnote F2

Starboard Value LP ("Starboard") serves as the investment manager or manager of certain managed accounts and private investment funds (collectively, the "Starboard Accounts"), which hold the securities reported herein and as such may be deemed to beneficially own such securities. The Reporting Person, as a Managing Member of Starboard, may be deemed to beneficially own the securities held by the Starboard Accounts for purposes of Section 16 of the Securities Exchange Act of 1934, as amended. The Reporting Person expressly disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.