Key facts
- This page summarizes Bettyann Bird's Form 4 filing for AGILITI, INC. \DE.
- 3 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 07 May 2024, 10:25.
Bettyann Bird - 07 May 2024 Form 4 Insider Report for AGILITI, INC. \DE
- Reporting relationship
- EVP, CHIEF STRATEGY OFFICER
- Issuer ticker
- N/A
- Reported as of
- 07 May 2024
- Net transaction value
- -$1,776,530
- SEC form
- 4
- Accepted by SEC
- 07 May 2024, 10:25:21 UTC
- Prior SEC filing
- 02 May 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Lee M. Neumann, by power of attorney
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Bettyann Bird filed Form 4 for AGILITI, INC. \DE on 07 May 2024.
Change
- Previous filing in this sequence was filed on 02 May 2024.
- Current net transaction value: -$1,776,530.
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.
AGTI
transaction
Common Stock, $0.0001 par value
Disposed to Issuer
- Transaction value
- $1,776,530
- Shares
- -177,653
- Change %
- -100%
- Price
- $10.00
- Shares after
- 0
- Date
- 07 May 2024
- Ownership
- Direct
- Footnotes
- F1
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
AGTI
transaction
Derivative
Options (Right to Buy)
Disposed to Issuer
- Transaction value
- Shares
- -102,316
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 07 May 2024
- Ownership
- Direct
- Underlying class
- Common Stock, $0.0001 par value
- Underlying amount
- 102,316
- Exercise price
- $2.13
- Footnotes
- F2
AGTI
transaction
Derivative
Restricted Stock Units
Disposed to Issuer
- Transaction value
- Shares
- -72,123
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 07 May 2024
- Ownership
- Direct
- Underlying class
- Common Stock, $0.0001 par value
- Underlying amount
- 72,123
- Exercise price
- Footnotes
- F3, F4
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Bettyann Bird 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
On May 7, 2024 (the "Closing Date"), Agiliti, Inc. (the "Company"), completed its merger (the "Merger") with Apex Intermediate Holdco, Inc., ("Parent"), and Apex Merger Sub, Inc., and a wholly-owned subsidiary of Parent ("Merger Sub"). Subject to the terms and conditions of the Merger Agreement and Plan of Merger, dated as of February 26, 2024, by and among the Company, Parent and Merger Sub (the "Merger Agreement") at the Effective Time (as defined in the Merger Agreement), each of the reporting person's shares of Company common stock issued and outstanding immediately prior to the Effective Time was converted into the right to receive $10.00 per share in cash, without interest.
Footnote F2
Subject to the terms and conditions of the Merger Agreement, at the Effective Time, each of the reporting person's outstanding and unexercised options to purchase shares of Common Stock (an "Option") were terminated and cancelled for the right to receive a lump sum cash payment, without interest thereon and subject to applicable withholding taxes, equal to (A) the number of shares of Common Stock underlying the Option immediately prior to the Effective Time, multiplied by (B) an amount equal to the amount that $10.00 exceeded the applicable exercise price of the Option.
Footnote F3
The restricted stock units ("RSUs") were granted under the Agiliti, Inc. Amended and Restated 2018 Omnibus Incentive Plan on March 15, 2024 (the "2024 RSUs") and September 15, 2023 (the "2023 RSUs"). The 2024 RSUs cliff vest six months following the grant date, contingent upon the reporting person remaining in continuous employment with the Company on the vesting date. The 2023 RSUs vest ratably ratably in 15 monthly installments on the last day of each calendar month beginning on October 31, 2023 and ending on December 31, 2024, subject to the reporting person remaining in continuous employment with the Company on each vesting date.
Footnote F4
Pursuant to the terms and conditions of the Merger Agreement, the RSUs held by the reporting person will remain generally subject to the same terms and conditions (including with respect to time based vesting conditions and settlement terms) as those that applied immediately prior to the Effective Time and will be settled in shares of Common Stock or other equity interests in the Company or one of its affiliates.