Key facts
- This page summarizes Peter Rogers's Form 4 filing for Echo Global Logistics, Inc..
- 4 reported transactions and 3 derivative rows are listed below.
- Accepted by SEC: 23 Nov 2021, 17:23.
Peter Rogers - 23 Nov 2021 Form 4 Insider Report for Echo Global Logistics, Inc.
- Reporting relationship
- Chief Financial Officer
- Issuer ticker
- N/A
- Reported as of
- 23 Nov 2021
- Net transaction value
- -$848,187
- SEC form
- 4
- Accepted by SEC
- 23 Nov 2021, 17:23:12 UTC
- Prior SEC filing
- 07 Oct 2021
- Source filing
- View source filing
- Reporting owner signature
- /s/ David B. Menzel, by Power of Attorney
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Peter Rogers filed Form 4 for Echo Global Logistics, Inc. on 23 Nov 2021.
Change
- Previous filing in this sequence was filed on 07 Oct 2021.
- Current net transaction value: -$848,187.
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.
ECHO
transaction
Common Stock
Disposed to Issuer
- Transaction value
- $848,187
- Shares
- -17,579
- Change %
- -100%
- Price
- $48.25
- Shares after
- 0
- Date
- 23 Nov 2021
- Ownership
- Direct
- Footnotes
- F1
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
ECHO
transaction
Derivative
Restricted Stock Unit
Disposed to Issuer
- Transaction value
- Shares
- -4,888
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 23 Nov 2021
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 4,888
- Exercise price
- Footnotes
- F2, F3
ECHO
transaction
Derivative
Restricted Stock Unit
Disposed to Issuer
- Transaction value
- Shares
- -9,722
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 23 Nov 2021
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 9,722
- Exercise price
- Footnotes
- F2, F4
ECHO
transaction
Derivative
Restricted Stock Unit
Disposed to Issuer
- Transaction value
- Shares
- -14,740
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 23 Nov 2021
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 14,740
- Exercise price
- Footnotes
- F2, F5
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Peter Rogers is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 5 footnotes
Footnote F1
In connection with the consummation of the Merger, at the Effective Time, each issued and outstanding share of common stock, par value $0.0001 of the Company (the "Common Stock") that was held by the Company's stockholders, including the reporting person, was converted into the right to receive $48.25 in cash per Common Stock (the "Offer Price").
Footnote F2
In connection with the consummation of the Merger, at the Effective Time, each restricted stock unit to acquire shares of Common Stock ("Restricted Stock Unit") that was outstanding as of immediately prior to the Effective Time, whether vested or unvested, was automatically cancelled and converted into the right to receive (without interest) an amount in cash equal to the Offer Price, less applicable taxes required to be withheld with respect to such payment, as provided in the Merger Agreement.
Footnote F3
As of November 23, 2021, this included 4,888 Restricted Stock Units that are scheduled to vest in three equal installments on March 13, 2022, March 13 2023 and March 13, 2024.
Footnote F4
As of November 23, 2021, this included 9,722 Restricted Stock Units that are scheduled to vest in two equal installments on October 5, 2022 and October 5, 2023.
Footnote F5
As of November 23, 2021, this included 14,740 Restricted Stock Units that are scheduled to vest in three equal installments on January 25, 2022, January 25, 2023 and January 25, 2024.
SEC remarks
This Form 4 reports securities disposed of under the terms of the Agreement and Plan of Merger (the "Merger Agreement"), dated as of September 9, 2021 (the "Merger Agreement"), by and among Einstein MidCo, LLC, a Delaware limited liability company ("Parent"), Einstein Merger Sub, Inc., a Delaware corporation and wholly owned subsidiary of Parent ("Merger Sub") and Echo Global Logistics, Inc. (the "Company"). Pursuant to the Merger Agreement, on November 23, 2021 (the "Effective Time"), Merger Sub merged with and into the Company, with the Company becoming a wholly owned subsidiary of Parent (the "Merger"). A copy of the Merger Agreement is included as Exhibit 2.1 to the Company's Form 8-K filed with the SEC on September 10, 2021.