Key facts
- This page summarizes Joubert Tracey's Form 4 filing for COOPER TIRE & RUBBER CO.
- 1 reported transaction and 1 derivative row are listed below.
- Accepted by SEC: 08 Jun 2021, 21:12.
Joubert Tracey - 07 Jun 2021 Form 4 Insider Report for COOPER TIRE & RUBBER CO
- Reporting relationship
- Director
- Issuer ticker
- N/A
- Reported as of
- 07 Jun 2021
- Net transaction value
- -$1,033,941
- SEC form
- 4
- Accepted by SEC
- 08 Jun 2021, 21:12:57 UTC
- Prior SEC filing
- 10 May 2021
- Next SEC filing
- 02 Mar 2022
- Source filing
- View source filing
- Reporting owner signature
- /s/ Jack Jay McCracken, Attorney-In-Fact for Tracey I. Joubert
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Joubert Tracey filed Form 4 for COOPER TIRE & RUBBER CO on 08 Jun 2021.
Change
- Previous filing in this sequence was filed on 10 May 2021.
- Current net transaction value: -$1,033,941.
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 derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
CTB
transaction
Derivative
Phantom Stock
Disposed to Issuer
- Transaction value
- $1,033,941
- Shares
- -17,383
- Change %
- -100%
- Price
- $59.48
- Shares after
- 0
- Date
- 07 Jun 2021
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 17,383
- Exercise price
- Footnotes
- F1, F2, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Joubert Tracey is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 3 footnotes
Footnote F1
Pursuant to the Agreement and Plan of Merger, dated as of February 22, 2021, The Goodyear Tire & Rubber Company ("Goodyear") acquired Cooper Tire & Rubber Company ("Cooper Tire") in a merger transaction (the "Merger") which became effective on June 7, 2021. At the effective time of the Merger (the "Effective Time"), each share of Cooper Tire's common stock, par value of $1.00 per share converted into the right to receive (A) $41.75 in cash, without interest, and (B) 0.907 of a share of Goodyear common stock, no par value ("Merger Consideration"). On June 7, 2021, the closing price for Goodyear common stock was $19.39.
Footnote F2
One-for-one.
Footnote F3
The phantom stock units were accrued over time under Cooper Tire's equity plans, and were generally to be settled in cash upon the reporting person's termination of service as a director. Pursuant to the Merger Agreement, the phantom stock units were canceled and converted at the Effective Time into the right to receive $59.48 per unit.