Matthew A. Tait - 14 Sep 2022 Form 4 Insider Report for MANTECH INTERNATIONAL CORP

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
16 Sep 2022, 15:37:47 UTC
Prior SEC filing
02 Aug 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Michael R. Putnam, under a Power of Attorney

Key filing fact

Matthew A. Tait filed Form 4 for MANTECH INTERNATIONAL CORP on 16 Sep 2022.

Key facts

  • This page summarizes Matthew A. Tait's Form 4 filing for MANTECH INTERNATIONAL CORP.
  • 5 reported transactions and 4 derivative rows are listed below.
  • Accepted by SEC: 16 Sep 2022, 15:37.

Change

  • Previous filing in this sequence was filed on 02 Aug 2022.
  • Current net transaction value: -$3,188,544.

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.

MANT transaction

Class A Common Stock

Disposed to Issuer

Transaction value
$3,188,544
Shares
-33,214
Change %
-100%
Price
$96.00
Shares after
0
Date
14 Sep 2022
Ownership
Direct
Footnotes
F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

MANT transaction Derivative

Restricted Stock Units

Disposed to Issuer

Transaction value
Shares
-5,253
Change %
-100%
Price
Shares after
0
Date
14 Sep 2022
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
5,253
Exercise price
Footnotes
F2
MANT transaction Derivative

Restricted Stock Units

Disposed to Issuer

Transaction value
Shares
-3,763
Change %
-100%
Price
Shares after
0
Date
14 Sep 2022
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
3,763
Exercise price
Footnotes
F3
MANT transaction Derivative

Restricted Stock Units

Disposed to Issuer

Transaction value
Shares
-16,500
Change %
-100%
Price
Shares after
0
Date
14 Sep 2022
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
16,500
Exercise price
Footnotes
F4
MANT transaction Derivative

Restricted Stock Units

Disposed to Issuer

Transaction value
Shares
-26,630
Change %
-100%
Price
Shares after
0
Date
14 Sep 2022
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
26,630
Exercise price
Footnotes
F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Matthew A. Tait 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

Pursuant to the Agreement and Plan of Merger, dated as of May 13, 2022 (the "Merger Agreement"), by and among ManTech International Corporation (the "Company"), Moose Bidco, Inc. ("Parent"), and Moose Merger Sub, Inc., a direct, wholly owned subsidiary of Parent ("Merger Sub"), the Merger Sub merged with and into the Company (the "Merger"), with the Company surviving the Merger as a wholly owned subsidiary of Parent. Pursuant to the Merger Agreement, at the effective time of the Merger, each share of Class A Common Stock, par value $0.01 per share, of the Company and Class B Common Stock, par value $0.01 per share, of the Company was canceled and converted into the right to receive $96.00 in cash, without interest and less any applicable tax withholdings.

Footnote F2

Pursuant to the Merger Agreement, each restricted stock unit award granted by the Company ("RSU") that is outstanding immediately prior to the effective time of the Merger (whether or not vested) will immediately vest in full and become free of restrictions and will be cancelled and converted automatically into the right to receive a cash payment equal to the product of (1) the number of shares of Company Common Stock subject to such RSU as of the effective time of the Merger, multiplied by (2) the Merger Consideration. The reporting person was granted 15,760 RSUs on March 15, 2020, vesting in three annual installments, beginning on the first anniversary of the grant date and converting into common stock on a one-for-one basis.

Footnote F3

Pursuant to the Merger Agreement, each RSU that is outstanding immediately prior to the effective time of the Merger (whether or not vested) will immediately vest in full and become free of restrictions and will be cancelled and converted automatically into the right to receive a cash payment equal to the product of (1) the number of shares of Company Common Stock subject to such RSU as of the effective time of the Merger, multiplied by (2) the Merger Consideration. The reporting person was granted 11,290 RSUs on July 31, 2020, vesting in three annual installments, beginning on the first anniversary of the grant date and converting into common stock on a one-for-one basis.

Footnote F4

Pursuant to the Merger Agreement, each RSU that is outstanding immediately prior to the effective time of the Merger (whether or not vested) will immediately vest in full and become free of restrictions and will be cancelled and converted automatically into the right to receive a cash payment equal to the product of (1) the number of shares of Company Common Stock subject to such RSU as of the effective time of the Merger, multiplied by (2) the Merger Consideration. The reporting person was granted 24,750 RSUs on March 15, 2021, vesting in three annual installments, beginning on the first anniversary of the grant date and converting into common stock on a one-for-one basis.

Footnote F5

Pursuant to the Merger Agreement, each RSU that is outstanding immediately prior to the effective time of the Merger (whether or not vested) will immediately vest in full and become free of restrictions and will be cancelled and converted automatically into the right to receive a cash payment equal to the product of (1) the number of shares of Company Common Stock subject to such RSU as of the effective time of the Merger, multiplied by (2) the Merger Consideration. The reporting person was granted 26,630 RSUs on March 1, 2022, vesting in three annual installments, beginning on the first anniversary of the grant date and converting into common stock on a one-for-one basis.

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Manage preferences to update or revoke optional consent for future visits. For more information, see our Privacy Policy .