SEC Form 4 · accession 0001104659-17-048861
Nexeo Solutions, Inc. · NXEO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kenneth Michael Burke
Director
Period of report
Aug 1, 2017
Accepted (ET)
Aug 2, 2017 · 4:18 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001604416
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Aug 1, 2017 | A | 12,004 | $0.00 | A | 22,757 | D | |
| Common StockF2,F3 | holding | — | — | — | 1,791,182 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares of Restricted Stock granted pursuant to the terms of the Nexeo Solutions, Inc. 2016 Long Term Incentive Plan.
- F2Includes 268,433 shares of common stock subject to forfeiture on June 9, 2026 unless certain targest tied to the trading price of the Issuer's common stock are satisfied or the Issuer completes a liquidation, merger, stock exchange or similar transaction.
- F3On June 9, 2016, Nexeo Holdco, LLC, a Delaware limited liability company (the "Management Company"), received, among other things, 311,166 deferred payment rights as consideration in connection with the closing of the business combination of WL Ross Holding Corp. and Nexeo Solutions Holdings, LLC (the "Business Combination"). In connection with the execution of the Purchase Price Adjustment Confirmation Letter on November 17, 2016, the total consideration payable to the selling equityholders, including the Management Company, was adjusted downward, resulting in a decrease in the total number of deferred payment rights due to the Management Company to 284,825.