Matthew D. Ford - 28 Jun 2024 Form 4 Insider Report for ENCORE WIRE CORP

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
02 Jul 2024, 18:45:44 UTC
Prior SEC filing
21 Jun 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Bret J. Eckert, attorney-in-fact

Key filing fact

Matthew D. Ford filed Form 4 for ENCORE WIRE CORP on 02 Jul 2024.

Key facts

  • This page summarizes Matthew D. Ford's Form 4 filing for ENCORE WIRE CORP.
  • 2 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 02 Jul 2024, 18:45.

Change

  • Previous filing in this sequence was filed on 21 Jun 2024.
  • Current net transaction value: -$20,701,360.

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.

WIRE transaction

Common Stock, par value $0.01 per share

Gift

Transaction value
$0
Shares
-8,000
Change %
-10%
Price
$0.000000
Shares after
71,384
Date
28 Jun 2024
Ownership
Direct
Footnotes
F1
WIRE transaction

Common Stock, par value $0.01 per share

Disposed to Issuer

Transaction value
$20,701,360
Shares
-71,384
Change %
-100%
Price
$290.00
Shares after
0
Date
02 Jul 2024
Ownership
Direct
Footnotes
F1, F2, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Matthew D. Ford 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

Includes 15,000 restricted stock unit awards ('RSU awards') and 1,000 restricted stock awards.

Footnote F2

Pursuant to the Agreement and Plan of Merger, dated as of April 14, 2024, by and among Encore Wire Corporation ('Encore'), Prysmian S.p.A., Applause Merger Sub Inc. and solely as provided in Section 9.12 therein, Prysmian Cables and Systems USA, LLC (the 'Merger Agreement'), each share of common stock of Encore ('common stock') (other than certain excluded shares specified in the Merger Agreement) that was outstanding as of immediately prior to the effective time of the merger contemplated by the Merger Agreement was cancelled, extinguished, and automatically converted into the right to receive $290.00 per share in cash, without interest.

Footnote F3

Pursuant to the Merger Agreement, each RSU award that was outstanding immediately prior to the Effective Time, to the extent not vested, automatically become fully vested, and each was cancelled, extinguished, and automatically converted into the right of the holder of each award to receive (without interest and subject to any applicable withholdings) an amount in cash equal to the product of (i) $290.00, multiplied by (ii) the number of shares of common stock subject to such award immediately prior to the Effective Time (together with any accrued and unpaid cash dividends corresponding to such vested RSU award). Pursuant to the Merger Agreement, immediately prior to the Effective Time, all shares of common stock then unvested and subject to an outstanding restricted stock award became fully vested and free of any applicable repurchase or forfeiture conditions.

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