SEC Form 4 · accession 0001209191-18-033163
ConvergeOne Holdings, Inc. · CVON
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John A McKenna Jr.
Officer — President, CEO and Chairman · Director
Period of report
May 22, 2018
Accepted (ET)
May 24, 2018 · 6:45 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001697152
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | May 22, 2018 | A | 257,339 | — | A | 2,610,476 | D | |
| Common StockF1,F2 | May 22, 2018 | A | 94,768 | — | A | 961,340 | I | By The John Arthur McKenna, Jr. Irrevocable Trust, dated August 27, 2014 |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The Reporting Person became entitled to receive these shares on May 22, 2018 for no additional consideration pursuant to an earnout provision in the Agreement and Plan of Merger between C1 Investment Corp., Clearlake Capital Management III, L.P., in its capacity as seller representative, and Forum Merger Corporation, dated November 30, 2017 (the "Merger Agreement"). Subject to achievement of the associated earnout milestones, the Reporting Person's right to receive these additional shares became irrevocable on February 22, 2018, the closing date of the transactions under the Merger Agreement.
- F2The calculation for the value of these shares was established in the Merger Agreement.