Robert Patrick Hempel - 30 Dec 2024 Form 4 Insider Report for MICROPAC INDUSTRIES INC

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
30 Dec 2024, 17:26:25 UTC
Prior SEC filing
05 Nov 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Robert Patrick Hempel

Key filing fact

Robert Patrick Hempel filed Form 4 for MICROPAC INDUSTRIES INC on 30 Dec 2024.

Key facts

  • This page summarizes Robert Patrick Hempel's Form 4 filing for MICROPAC INDUSTRIES INC.
  • 1 reported transaction and 0 derivative rows are listed below.
  • Accepted by SEC: 30 Dec 2024, 17:26.

Change

  • Previous filing in this sequence was filed on 05 Nov 2024.
  • Current net transaction value: -$39,051,540.

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.

MPAD transaction

Common Stock

Disposed to Issuer

Transaction value
$39,051,540
Shares
-1,952,577
Change %
-100%
Price
$20.00
Shares after
0
Date
30 Dec 2024
Ownership
See Footnotes
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

Robert Patrick Hempel 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

Pursuant to the Agreement and Plan of Merger, dated November 1, 2024, by and among Micropac Industries, Inc., a Delaware corporation (the "Issuer"), Teledyne Technologies Incorporated, a Delaware corporation and Harrier Merger Sub, Inc., a Delaware corporation, each share of common stock, par value $0.10 per share of the Issuer, was canceled and converted into the right to receive $20.00 per share in cash without interest, subject to required withholding of taxes.

Footnote F2

The referenced securities are owned directly by Micropac Industries, Inc. Vermoegensverwaltungsgesellschaft buergerlichen Rechts, a partnership organized under the laws of the Federal Republic of Germany (the "Partnership"). Prior to August 8, 2023, the Partnership was owned 99.98% by Mr. Heinz-Werner Hempel and 0.01% by each of Mr. Robert Patrick Hempel and Ms. Maria Hempel-Bowe (formerly known as Ms. Maria Theresa Hempel). Upon the death of Mr. Heinz-Werner Hempel on August 8. 2023, and pursuant to the provisions of his last will and testament, each of Mr. Robert Patrick Hempel and Ms. Maria Hempel-Bowe became successors to 50% of his interest in the Partnership, such that each of Mr. Robert Patrick Hempel and Ms. Maria Hempel-Bowe now have a 50% interest in the Partnership.

Footnote F3

By virtue of their status as partners in the Partnership and their related rights and powers, each of Mr. Robert Patrick Hempel and Ms. Maria Hempel-Bowe may be deemed to beneficially own the shares of the Company that are beneficially owned by the Partnership.

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