SEC Form 4 · accession 0001209191-18-006314
Amplify Snack Brands, INC · BETR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Craig F Shiesley
Officer — See Remarks
Period of report
Jan 31, 2018
Accepted (ET)
Jan 31, 2018 · 6:54 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001640313
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F2 | $7.06 | Jan 31, 2018 | D | 1,166,173 | D | — | Sep 12, 2027 | Common Stock | 1,166,173 | 0 | D |
Explanation of responses
- F1Pursuant to the terms of the Agreement and Plan of Merger by and among The Hershey Company, Alphabet Merger Sub Inc. and Amplify Snack Brands, Inc. (the "Issuer") dated as of December 17, 2017, each option to purchase shares of Issuer Common Stock (each an "Issuer Stock Option"), whether vested or unvested, was automatically cancelled or converted into the right to receive an amount in cash equal to the product obtained by multiplying (i) the aggregate number of shares of Issuer's common stock, par value $0.0001 per share (the "Issuer Common Stock") issuable upon exercise of settlement of such Issuer Stock Option immediately prior to the effective time of the Merger contemplated therein, and (ii) the right to receive $12.00 per share in cash without interest less any per share exercise price of such Issuer Stock Option.
- F2The shares subject to the option will vest according to the following schedule: 1/3rd of the shares shall vest on September 12, 2018 and 1/36th of the shares shall vest on the last day of each month thereafter, provided that the Reporting Person continues to have a service relationship with the Issuer through each such date.
Remarks
Chief Operating Officer and President, North America