SEC Form 4 · accession 0001140361-18-018150
DYNEGY INC. · DYN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dean Ellis
Officer — EVP
Period of report
Apr 9, 2018
Accepted (ET)
Apr 11, 2018 · 10:47 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001379895
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Apr 9, 2018 | D | 20,324 | — | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock Option (Right to Buy)F2 | $27.24 | Apr 9, 2018 | D | 4,908 | D | — | — | Common Stock | 4,908 | 0 | D |
| Common Stock Option (Right to Buy)F3 | $11.05 | Apr 9, 2018 | D | 11,156 | D | — | — | Common Stock | 11,156 | 0 | D |
| Common Stock Option (Right to Buy)F4 | $8.02 | Apr 9, 2018 | D | 14,286 | D | — | — | Common Stock | 14,286 | 0 | D |
| Restricted Stock UnitsF5 | — | Apr 9, 2018 | D | 42,484 | D | — | — | Common Stock | 42,484 | 0 | D |
Explanation of responses
- F1Disposed of pursuant to the closing of the merger on April 9, 2018 (the "Effective Date") between Issuer and Vistra Energy Corp. (the "Merger") in exchange for 0.652 shares of Vistra Corp. stock having a market value of $20.83, closing price, per share on the Effective Date of the Merger.
- F2This option was assumed by Vistra Corp. in the Merger and replaced with an option to purchase 3,200 shares of Vistra common stock for $41.78. The option will expire pursuant to the terms of the grant agreement.
- F3This option was assumed by Vistra Corp. in the Merger and replaced with an option to purchase 7,273 shares of Vistra common stock for $16.95. The option will expire pursuant to the terms of the grant agreement.
- F4This option was assumed by Vistra Corp. in the Merger and replaced with an option to purchase 9,314 shares of Vistra common stock for $12.30. The option will expire pursuant to the terms of the grant agreement.
- F5Restricted Stock Units convert into common stock on a one-for-one basis. Disposed of pursuant to the Merger in exchange for 0.652 shares of Vistra Restricted Stock Units having a market value of $20.83, closing price, per share on the Effective Date of the Merger. The Restricted Stock Units will vest pursuant to the terms of the Grant Agreements.