Sherry Mennenga - 27 Sep 2022 Form 4 Insider Report for GCP Applied Technologies Inc.

Reporting relationship: Chief Human Resources Officer
Issuer ticker: N/A
Reported as of: 27 Sep 2022
Net transaction value: -$470,240
SEC form: 4
Accepted by SEC: 27 Sep 2022, 13:50:53 UTC
Prior SEC filing: 10 Feb 2022
Source filing: View source filing
Reporting owner signature: /s/ Michael W. Valente, Attorney-in-Fact

Key filing fact

Sherry Mennenga filed Form 4 for GCP Applied Technologies Inc. on 27 Sep 2022.

Key facts

This page summarizes Sherry Mennenga's Form 4 filing for GCP Applied Technologies Inc..
4 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 27 Sep 2022, 13:50.

Change

Previous filing in this sequence was filed on 10 Feb 2022.
Current net transaction value: -$470,240.

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.

GCP transaction

Common Stock

Disposed to Issuer

Transaction value: $46,656
Shares: -1,458
Change %: -16%
Price: $32.00
Shares after: 7,682
Date: 27 Sep 2022
Ownership: Direct
Footnotes: F1

GCP transaction

Common Stock

Disposed to Issuer

Transaction value: $245,824
Shares: -7,682
Change %: -100%
Price: $32.00
Shares after: 0
Date: 27 Sep 2022
Ownership: Direct
Footnotes: F2

GCP transaction

Common Stock

Award

Transaction value: $0
Shares: +5,555
Change %
Price: $0.000000
Shares after: 5,555
Date: 27 Sep 2022
Ownership: Direct
Footnotes: F3

GCP transaction

Common Stock

Disposed to Issuer

Transaction value: $177,760
Shares: -5,555
Change %: -100%
Price: $32.00
Shares after: 0
Date: 27 Sep 2022
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

Sherry Mennenga 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

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 (the "Merger Agreement"), whereby each outstanding share of the Issuer's common stock was cancelled at the effective time (the "Effective Time") of the merger (the "Merger") and converted into the right to receive a cash payment of $32.00 per share (the "Merger Consideration").

Footnote F2

Disposed of pursuant to the Merger Agreement, whereby unvested restricted stock units ("Company RSUs") which were outstanding as of immediately prior to the Effective Time and subject solely to service-based vesting conditions fully vested, and each Company RSU that was outstanding immediately prior to the Effective Time was canceled at the Effective Time, in exchange for cash payments in the amount of the Merger Consideration (without interest).

Footnote F3

Represents shares of Issuer common stock issued under Company performance based stock units ("Company PBUs") that became vested in connection with the Merger.

Footnote F4

Disposed of pursuant to the Merger Agreement, whereby each Company PBU that was outstanding immediately prior to the Effective Time was canceled at the Effective Time, in exchange for cash payments in the amount of the Merger Consideration (without interest).