SEC Form 4 · accession 0001209191-16-147829
PROVIDENCE & WORCESTER RAILROAD CO/RI/ · PWX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John J Healy
Director
Period of report
Nov 1, 2016
Accepted (ET)
Nov 2, 2016 · 2:57 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000831968
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Nov 1, 2016 | D | 2,640 | $25.00 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F2,F3 | $16.49 | Nov 1, 2016 | D | 1,000 | D | Jan 18, 2017 | Jan 18, 2026 | Common Stock | 1,000 | 0 | D |
| Stock Option (right to buy)F2,F4 | $18.09 | Nov 1, 2016 | D | 330 | D | Jul 2, 2015 | Jan 2, 2025 | Common Stock | 330 | 0 | D |
| Stock Option (right to buy)F2,F5 | $19.55 | Nov 1, 2016 | D | 320 | D | Jul 2, 2014 | Jan 2, 2024 | Common Stock | 320 | 0 | D |
| Stock Option (right to buy)F2,F6 | $13.96 | Nov 1, 2016 | D | 310 | D | Jul 2, 2013 | Jan 2, 2023 | Common Stock | 310 | 0 | D |
| Stock Option (right to buy)F2,F7 | $11.40 | Nov 1, 2016 | D | 300 | D | Jul 3, 2012 | Jan 3, 2022 | Common Stock | 300 | 0 | D |
| Stock Option (right to buy)F2,F8 | $16.75 | Nov 1, 2016 | D | 290 | D | Jul 3, 2011 | Jan 3, 2021 | Common Stock | 290 | 0 | D |
| Stock Option (right to buy)F2,F9 | $10.75 | Nov 1, 2016 | D | 280 | D | Jul 4, 2010 | Jan 4, 2020 | Common Stock | 280 | 0 | D |
| Stock Option (right to buy)F2,F10 | $11.99 | Nov 1, 2016 | D | 270 | D | Jul 2, 2009 | Jan 2, 2019 | Common Stock | 270 | 0 | D |
| Stock Option (right to buy)F2,F11 | $16.72 | Nov 1, 2016 | D | 260 | D | Jul 2, 2008 | Jan 2, 2018 | Common Stock | 260 | 0 | D |
| Stock Option (right to buy)F2,F12 | $19.50 | Nov 1, 2016 | D | 250 | D | Jul 2, 2007 | Jan 2, 2017 | Common Stock | 250 | 0 | D |
Explanation of responses
- F1Disposed of pursuant to the Merger Agreement, dated August 12, 2016 (the "Merger Agreement"), among Providence and Worcester Railroad Company (the "Company"), Genesee & Wyoming Inc. ("G&W"), and Pullman Acquisition Sub Inc. ("Pullman"), whereby Pullman merged with and into the Company, whereupon the separate corporate existence of Pullman ceased and the Company became a wholly-owned subsidiary of G&W, in exchange for $25.00 per share in cash.
- F10The reporting person received $3,512.70 as consideration for the cancellation.
- F11The reporting person received $2,152.80 as consideration for the cancellation.
- F12The reporting person received $1,375.00 as consideration for the cancellation.
- F2This option was cancelled pursuant to the terms of the Merger Agreement.
- F3The reporting person received $8,510.00 as consideration for the cancellation.
- F4The reporting person received $2,280.30 as consideration for the cancellation.
- F5The reporting person received $1,744.00 as consideration for the cancellation.
- F6The reporting person received $3,422.40 as consideration for the cancellation.
- F7The reporting person received $4,080.00 as consideration for the cancellation.
- F8The reporting person received $2,392.50 as consideration for the cancellation.
- F9The reporting person received $3,990.00 as consideration for the cancellation.