Cheryl Cook - 22 Nov 2024 Form 4 Insider Report for ARC DOCUMENT SOLUTIONS, INC.

Reporting relationship: Director
Issuer ticker: N/A
Reported as of: 22 Nov 2024
Net transaction value: -$503,941
SEC form: 4
Accepted by SEC: 22 Nov 2024, 19:52:06 UTC
Prior SEC filing: 03 May 2024
Source filing: View source filing
Reporting owner signature: /s/ Tracey Luttrell, Attorney-in-Fact

Key filing fact

Cheryl Cook filed Form 4 for ARC DOCUMENT SOLUTIONS, INC. on 22 Nov 2024.

Key facts

This page summarizes Cheryl Cook's Form 4 filing for ARC DOCUMENT SOLUTIONS, INC..
2 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 22 Nov 2024, 19:52.

Change

Previous filing in this sequence was filed on 03 May 2024.
Current net transaction value: -$503,941.

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.

ARC transaction

Common Stock

Disposed to Issuer

Transaction value: $503,941
Shares: -148,218
Change %: -81%
Price: $3.40
Shares after: 35,714
Date: 22 Nov 2024
Ownership: Direct
Footnotes: F1, F2, F3

ARC transaction

Common Stock

Disposed to Issuer

Transaction value
Shares: -35,714
Change %: -100%
Price
Shares after: 0
Date: 22 Nov 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

Cheryl Cook 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

Represents securities disposed of under the Agreement and Plan of Merger (as amended, the 'Merger Agreement') dated August 27, 2024, by and among ARC Document Solutions, Inc. (the 'Company') TechPrint Holdings, LLC ('Parent'), TechPrint Merger Sub, Inc. ('Merger Sub'), under which Merger Sub merged with and into the Company (the 'Merger'), with the Company surviving as the surviving corporation ('Surviving Corporation') in the Merger.

Footnote F2

At the effective time of the Merger (the 'Effective Time'), each of these issued and outstanding shares of common stock of the Company ('Shares') was cancelled and converted into the right to receive $3.40 (the 'Merger Consideration') in cash without interest thereon.

Footnote F3

Represents unvested restricted stock which, under the Merger Agreement, at the Effective Time, were cancelled and converted into the right to receive a cash payment equal to the product of (i) the number of unvested Shares covered thereby multiplied by (ii) the Merger Consideration, less applicable taxes and authorized deductions.