SEC Form 4 · accession 0000054441-16-000161
FURMANITE CORP · FRM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kevin R Jost
Director
Period of report
Feb 29, 2016
Accepted (ET)
Mar 2, 2016 · 10:56 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000054441
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common stockF1 | Feb 29, 2016 | D | 68,000 | — | D | 0 | D | |
| Common stockF1,F2 | Feb 29, 2016 | D | 6,000 | — | D | 0 | I | Revocable Living Trust |
| Common stockF1,F3 | Feb 29, 2016 | D | 2,500 | — | D | 0 | I | Revocable Living Trust of Spouse |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Pursuant to the terms of the Agreement and Plan of Merger, dated November 1, 2015, by and among Furmanite Corporation, Team, Inc. and TFA, Inc. (the "Merger Agreement"), upon consummation of the merger as contemplated by the Merger Agreement, each share of Furmanite Corporation common stock was converted into the right to receive 0.215 shares of Team, Inc. common stock, with cash paid for any fractional shares. Additionally, at such time, all restricted shares became vested in full and free of restrictions.
- F2Kevin R. Jost Living Trust formed December 21, 2010. Reporting Person is trustee, successor trustees are Reporting Person's spouse, Candice Jost, and Reporting Person's children, Jason Jost and Richard Jost.
- F3Candice A. Jost Living Trust formed December 21, 2010. Reporting Person's spouse, Candice Jost, is trustee, successor trustees are Reporting Person and Reporting Person's children, Jason Jost and Richard Jost.