SEC Form 4 · accession 0000886035-18-000060
GENERAL CABLE CORP /DE/ · BGC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Leonard Roman Texter III
Officer — SVP, Global Controller & PAO
Period of report
Jun 6, 2018
Accepted (ET)
Jun 6, 2018 · 1:09 pm 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 | 19,697 | $30.00 | D | 0 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Pursuant to the merger agreement by and among Prysmian S.p.A., Alisea Corp., and General Cable, dated as of December 3, 2017, ("Merger Agreement"): (i) 13,980 shares of common stock were cancelled and converted into the right to receive $30.00 per share in cash without interest, and (ii) 5,717 restricted stock units ("RSUs") were each cancelled and converted into an award (a "Converted RSU") representing the right to receive (without interest) an amount in cash equal to the number of shares of common stock subject to such RSU multiplied by $30.00. Each Converted RSU is subject to the same terms and conditions that were applicable to such RSU immediately prior to the effective time, provided that the Converted RSU will vest on the earlier of (A) the originally scheduled vesting date and (B) the date that is six months after the completion of the merger, subject to continued service through such time (or upon such officer's earlier qualifying termination of employment).