0001213900-22-042724.txt : 20220729 0001213900-22-042724.hdr.sgml : 20220729 20220729094645 ACCESSION NUMBER: 0001213900-22-042724 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220728 FILED AS OF DATE: 20220729 DATE AS OF CHANGE: 20220729 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Johnson William CENTRAL INDEX KEY: 0001310250 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-37548 FILM NUMBER: 221117921 MAIL ADDRESS: STREET 1: 3005 HIGHLAND PARKWAY STREET 2: SUITE 200 CITY: DOWNERS GROVE STATE: IL ZIP: 60515 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Welbilt, Inc. CENTRAL INDEX KEY: 0001650962 STANDARD INDUSTRIAL CLASSIFICATION: REFRIGERATION & SERVICE INDUSTRY MACHINERY [3580] IRS NUMBER: 474625716 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 2227 WELBILT BOULEVARD CITY: NEW PORT RICHEY STATE: FL ZIP: 34655 BUSINESS PHONE: (727) 375-7010 MAIL ADDRESS: STREET 1: 2227 WELBILT BOULEVARD CITY: NEW PORT RICHEY STATE: FL ZIP: 34655 FORMER COMPANY: FORMER CONFORMED NAME: Manitowoc Foodservice, Inc. DATE OF NAME CHANGE: 20150813 4 1 ownership.xml X0306 4 2022-07-28 1 0001650962 Welbilt, Inc. WBT 0001310250 Johnson William 2227 WELBILT BOULEVARD NEW PORT RICHEY, FL 34655 1 1 0 0 President and CEO Common Stock 2022-07-28 4 D 0 221293 24.00 D 0 D Common Stock 2022-07-28 4 D 0 30781 24.00 D 0 D Common Stock 2022-07-28 4 D 0 248884 24.00 D 0 D Disposed of pursuant to the Agreement and Plan of Merger, dated as of July 14, 2021, by and among the Issuer, Ali Holding S.r.l., an Italian societa a responsabilita limitata ("Ali"), Ali Group North America Corporation, a Delaware corporation and a wholly owned subsidiary of Ali ("Acquiror"), and Ascend Merger Corp. ("Merger Sub"), a Delaware corporation and a wholly owned subsidiary of Acquiror, in exchange for cash consideration of $24.00 per share of common stock of the Issuer (the "Merger Consideration") on the effective date of the merger. Stock options were canceled in the merger in exchange for an amount in cash equal to the difference between the Merger Consideration of $24.00 and the exercise price of the option. Represents shares underlying restricted stock units of the Issuer (the "Company RSUs"), which were converted into the right to receive cash in an amount equal to the number of shares of common stock of the Issuer underlying such Company RSUs multiplied by the Merger Consideration. Represents shares underlying performance stock units of the Issuer (the "Company PSUs"), which were converted into the right to receive cash in an amount equal to the number of shares of common stock of the Issuer underlying such Company PSUs multiplied by the Merger Consideration, assuming the maximum level of performance was achieved. /s/ Joel H. Horn, as Attorney-in-Fact 2022-07-29