SEC Form 4 · accession 0000899243-16-012164
UTi WORLDWIDE INC · UTIW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Keith Pienaar
Officer — See Remarks
Period of report
Jan 22, 2016
Accepted (ET)
Jan 25, 2016 · 6:15 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001124827
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Ordinary SharesF1 | Jan 22, 2016 | D | 47,018 | $7.10 | D | 0 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Pursuant to the Merger Agreement, dated as October 9, 2015 (the "Merger Agreement"), by and among UTi Worldwide Inc. (the "Issuer"), DSV A/S ("Parent") and Louvre Acquisitionco, Inc. ("Merger Sub"), on January 22, 2016 (the "Effective Time"), Merger Sub merged with and into the Issuer (the "Merger"), and as a result these securities of the Issuer were automatically cancelled and converted into the right to receive $7.10 per share in cash.
Remarks
Mr. Keith Pienaar's proper title as an officer of UTi Worldwide Inc. is President - Contract Logistics and Distribution.