Charles D. Hyman - 21 Dec 2023 Form 4 Insider Report for PATRIOT TRANSPORTATION HOLDING, INC.

Reporting relationship: Director
Issuer ticker: N/A
Reported as of: 21 Dec 2023
Net transaction value: -$595,734
SEC form: 4
Accepted by SEC: 21 Dec 2023, 18:00:09 UTC
Prior SEC filing: 06 Feb 2023
Source filing: View source filing
Reporting owner signature: /s/Charles D. Hyman

Key filing fact

Charles D. Hyman filed Form 4 for PATRIOT TRANSPORTATION HOLDING, INC. on 21 Dec 2023.

Key facts

This page summarizes Charles D. Hyman's Form 4 filing for PATRIOT TRANSPORTATION HOLDING, INC..
3 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 21 Dec 2023, 18:00.

Change

Previous filing in this sequence was filed on 06 Feb 2023.
Current net transaction value: -$595,734.

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.

PATI transaction

Common Stock

Disposed to Issuer

Transaction value: $577,295
Shares: -35,504
Change %: -100%
Price: $16.26
Shares after: 0
Date: 21 Dec 2023
Ownership: Direct
Footnotes: F1

PATI transaction

Common Stock

Disposed to Issuer

Transaction value: $13,008
Shares: -800
Change %: -100%
Price: $16.26
Shares after: 0
Date: 21 Dec 2023
Ownership: Held in IRA
Footnotes: F1

PATI transaction

Common Stock

Disposed to Issuer

Transaction value: $5,431
Shares: -334
Change %: -100%
Price: $16.26
Shares after: 0
Date: 21 Dec 2023
Ownership: See footnote
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

Charles D. Hyman 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

Pursuant to an Agreement and Plan of Merger, each share of common stock was converted into the right to receive $16.26 per share in cash (the "Merger Consideration"). Each outstanding stock option was cancelled in exchange for the right to receive a cash payment of an amount equal to the product of (i) the total number of shares of common stock underlying such stock option and (ii) the excess of the (x) Merger Consideration over the (y) per-share exercise price of the stock option. Each outstanding SAR was cancelled in exchange for the right to receive a cash payment of an amount equal to the product of (i) the total number of shares of common stock underlying each such SAR and (ii) the excess, if any, of (x) the Merger Consideration over (y) the per-share SAR Price.

Footnote F2

The reported shares are held by the Mary R. Hyman Trust, for which Mr. Hyman serves as co-trustee. Mr. Hyman disclaims any beneficial ownership in these shares.