Anthony C. Providenti Jr. - 13 Jun 2023 Form 4 Insider Report for HESKA CORP

Reporting relationship: EVP, Corporate Development
Issuer ticker: N/A
Reported as of: 13 Jun 2023
Net transaction value: -$8,115,240
SEC form: 4
Accepted by SEC: 14 Jun 2023, 18:27:15 UTC
Prior SEC filing: 28 Mar 2023
Source filing: View source filing
Reporting owner signature: /s/ Catherine Grassman For: Anthony Providenti

Key filing fact

Anthony C. Providenti Jr. filed Form 4 for HESKA CORP on 14 Jun 2023.

Key facts

This page summarizes Anthony C. Providenti Jr.'s Form 4 filing for HESKA CORP.
3 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 14 Jun 2023, 18:27.

Change

Previous filing in this sequence was filed on 28 Mar 2023.
Current net transaction value: -$8,115,240.

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.

HSKA transaction

Common Stock

Award

Transaction value: $0
Shares: +44,456
Change %: +233%
Price: $0.000000
Shares after: 63,571
Date: 13 Jun 2023
Ownership: Direct
Footnotes: F1, F2

HSKA transaction

Common Stock

Award

Transaction value: $0
Shares: +4,056
Change %: +6.4%
Price: $0.000000
Shares after: 67,627
Date: 13 Jun 2023
Ownership: Direct
Footnotes: F3

HSKA transaction

Common Stock

Disposed to Issuer

Transaction value: $8,115,240
Shares: -67,627
Change %: -100%
Price: $120.00
Shares after: 0
Date: 13 Jun 2023
Ownership: Direct
Footnotes: F4

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

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Anthony C. Providenti Jr. 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 31, 2023, by and among the Issuer, Antech Diagnostics, Inc., a California corporation ("Acquiror"), Helsinki Merger Sub LLC, a Delaware limited liability company and a wholly-owned subsidiary of Acquiror, and, solely for purposes of Section 9.15 of the Merger Agreement, Mars, Incorporated, a Delaware corporation, these shares of performance-based restricted stock of the Issuer were fully accelerated assuming maximum level of performance immediately prior to the effectiveness of the merger.

Footnote F2

Includes 396 shares of common stock of the Issuer purchased under the Issuer's employee stock purchase plan on May 26, 2023 and 11,000 shares of common stock of the Issuer originally reported as restricted stock.

Footnote F3

Pursuant to the Merger Agreement, these performance-based restricted stock units were fully accelerated assuming target level of performance immediately prior to the effectiveness of the merger.

Footnote F4

Disposed of pursuant to the Merger Agreement in exchange for cash consideration of $120.00 per share of common stock of the Issuer on the effective date of the merger.