Key facts
- This page summarizes Timothy J. OBrien's Form 4 filing for Cornerstone Building Brands, Inc..
- 1 reported transaction and 0 derivative rows are listed below.
- Accepted by SEC: 26 Jul 2022, 21:39.
Timothy J. OBrien - 25 Jul 2022 Form 4 Insider Report for Cornerstone Building Brands, Inc.
- Reporting relationship
- Director
- Issuer ticker
- N/A
- Reported as of
- 25 Jul 2022
- Net transaction value
- -$947,004
- SEC form
- 4
- Accepted by SEC
- 26 Jul 2022, 21:39:20 UTC
- Prior SEC filing
- 17 Jun 2021
- Source filing
- View source filing
- Reporting owner signature
- /s/ Peter Talosig (by power of attorney)
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Timothy J. OBrien filed Form 4 for Cornerstone Building Brands, Inc. on 26 Jul 2022.
Change
- Previous filing in this sequence was filed on 17 Jun 2021.
- Current net transaction value: -$947,004.
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.
CNR
transaction
Common Stock, $0.01 par value
Disposed to Issuer
- Transaction value
- $947,004
- Shares
- -38,418
- Change %
- -100%
- Price
- $24.65
- Shares after
- 0
- Date
- 25 Jul 2022
- Ownership
- Direct
- Footnotes
- F1, F2
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Timothy J. OBrien is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 2 footnotes
Footnote F1
Disposed of in connection with the transactions contemplated by the Agreement and Plan of Merger, dated as of March 5, 2022 (the "Merger Agreement"), by and among the Issuer, Camelot Return Intermediate Holdings, LLC ("Parent") and Camelot Return Merger Sub, Inc. ("Merger Sub"), pursuant to which Merger Sub was merged with and into the Issuer (the "Merger"), with the Issuer surviving the Merger as a subsidiary of Parent (the "Surviving Corporation").
Footnote F2
At the effective time of the Merger (the "Effective Time"), in accordance with the Merger Agreement, each share of Issuer common stock, par value $0.01 per share (a "Share") outstanding immediately prior to the Effective Time of the Merger (other than certain excluded shares), was converted into the right to receive cash in an amount equal to $24.65 in cash per Share (the "Merger Consideration"), without interest and subject to any required withholding taxes. As a result of the Merger, the reporting person no longer beneficially owns, directly or indirectly, any Shares.