SEC Form 4 · accession 0001104659-17-030841
HEADWATERS INC · HW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Blake O Fisher Jr.
Director
Period of report
May 8, 2017
Accepted (ET)
May 8, 2017 · 9:51 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001003344
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| COMMON STOCKF1 | May 8, 2017 | D | 74,560 | — | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock OptionsF2 | $13.57 | May 8, 2017 | D | 12,000 | D | Dec 31, 2008 | Nov 1, 2017 | Common Stock | 12,000 | 0 | D |
Explanation of responses
- F1Disposed of pursuant to the merger agreement between issuer and Boral Limited in exchange for the per-share right to receive $24.25 in cash, without interest.
- F2Each stock option, whether vested or unvested, that was outstanding immediately prior to the effective time of the merger was canceled in exchange for a cash payment of $128,160.00, without interest, representing the difference between the exercise price of the option and $24.25.