Key facts
- This page summarizes Ritu Vig's Form 4 filing for SP Plus Corp.
- 2 reported transactions and 0 derivative rows are listed below.
- Accepted by SEC: 20 May 2024, 20:02.
Ritu Vig - 16 May 2024 Form 4 Insider Report for SP Plus Corp
- Reporting relationship
- President, Aviation Division
- Issuer ticker
- N/A
- Reported as of
- 16 May 2024
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 20 May 2024, 20:02:34 UTC
- Prior SEC filing
- 02 Feb 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Patrick Kilmer-Lipinski, as attorney-in-fact for Ritu Vig
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Ritu Vig filed Form 4 for SP Plus Corp on 20 May 2024.
Change
- Previous filing in this sequence was filed on 02 Feb 2024.
- Current net transaction value: $0.
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.
SP
transaction
Common Stock
Disposed to Issuer
- Transaction value
- Shares
- -14,073
- Change %
- -38%
- Price
- Shares after
- 22,669
- Date
- 16 May 2024
- Ownership
- Direct
- Footnotes
- F1, F2
SP
transaction
Common Stock
Disposed to Issuer
- Transaction value
- Shares
- -22,669
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 16 May 2024
- Ownership
- Direct
- Footnotes
- F1, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Ritu Vig 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
On May 16, 2024, pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated October 4, 2023, by and among SP Plus Corporation (the "Issuer"), Metropolis Technologies, Inc. ("Parent") and Schwinger Merger Sub Inc., a direct, wholly owned subsidiary of Parent ("Merger Sub"), Merger Sub merged with and into the Issuer (the "Merger"), with Issuer surviving the Merger and becoming a wholly owned subsidiary of Parent.
Footnote F2
At the effective time of the Merger, these shares converted into the right to receive cash in an amount equal to $54.00, without interest, per share (the "Per Share Price"), less applicable withholding taxes (if any), subject to the terms and conditions of the Merger Agreement.
Footnote F3
At the effective time of the Merger (the "Effective Time"), each Issuer restricted stock unit that was outstanding immediately prior to the Effective Time automatically vested (if unvested) and was cancelled and converted into the right to receive an amount in cash, without interest, equal to the product of (i) the total number of shares of Issuer common stock underlying such Issuer restricted stock unit, multiplied by (ii) the Per Share Price, less applicable withholding taxes (if any), subject to the terms and conditions of the Merger Agreement.