SEC Form 4 · accession 0000886035-18-000032
GENERAL CABLE CORP /DE/ · BGC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John E Welsh III
Director
Period of report
Jun 6, 2018
Accepted (ET)
Jun 6, 2018 · 11:24 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000886035
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jun 6, 2018 | D | 118,050 | $30.00 | D | 0 | D | |
| Common StockF1 | Jun 6, 2018 | D | 88,794 | $30.00 | D | 0 | I | Deferred - GCC Trusts |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF2 | — | Jun 6, 2018 | D | 20,658 | A | — | — | Common Stock | 20,658 | 0 | D |
Explanation of responses
- F1Pursuant to merger agreement by and among Prysmian S.p.A., Alisea Corp., and General Cable Corporation, dated as of December 3, 2017 (the "Merger Agreement"), each share of common stock was converted into the right to receive $30.00 in cash without interest.
- F2Each share of phantom stock was the economic equivalent of one share of common stock. Pursuant to the Merger Agreement, each share of phantom stock was cancelled and converted into the right to receive $30.00 in cash without interest.