0001678463-22-000041.txt : 20220318
0001678463-22-000041.hdr.sgml : 20220318
20220318174600
ACCESSION NUMBER: 0001678463-22-000041
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220318
FILED AS OF DATE: 20220318
DATE AS OF CHANGE: 20220318
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: BHATIA VIKRANT
CENTRAL INDEX KEY: 0001628240
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-37921
FILM NUMBER: 22753680
MAIL ADDRESS:
STREET 1: 511 E. JOHN CARPENTER FREEWAY
STREET 2: SUITE 600
CITY: IRVING
STATE: TX
ZIP: 75062
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Forterra, Inc.
CENTRAL INDEX KEY: 0001678463
STANDARD INDUSTRIAL CLASSIFICATION: CONCRETE PRODUCTS, EXCEPT BLOCK & BRICK [3272]
IRS NUMBER: 371830464
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 511 E. JOHN CARPENTER FREEWAY
STREET 2: SUITE 600
CITY: IRVING
STATE: TX
ZIP: 75062
BUSINESS PHONE: 469-458-7973
MAIL ADDRESS:
STREET 1: 511 E. JOHN CARPENTER FREEWAY
STREET 2: SUITE 600
CITY: IRVING
STATE: TX
ZIP: 75062
4
1
wf-form4_164763994421774.xml
FORM 4
X0306
4
2022-03-18
1
0001678463
Forterra, Inc.
FRTA
0001628240
BHATIA VIKRANT
511 E. JOHN CARPENTER FREEWAY
SUITE 600
IRVING
TX
75062
0
1
0
0
Pres, Water Pipe & Products
Common Stock
2022-03-18
4
D
0
268920
24
D
0
D
Stock Option (Right to Buy)
8.92
2022-03-18
4
D
0
34384
0
D
2027-08-07
Common Stock
34384.0
0
D
Stock Option (Right to Buy)
9.16
2022-03-18
4
D
0
32967
0
D
2027-12-12
Common Stock
32967.0
0
D
Stock Option (Right to Buy)
7.29
2022-03-18
4
D
0
55891
0
D
2028-03-01
Common Stock
55891.0
0
D
Stock Option (Right to Buy)
4.24
2022-03-18
4
D
0
40618
0
D
2029-03-14
Common Stock
40618.0
0
D
Restricted Stock Unit
2022-03-18
4
D
0
64656
0
D
Common Stock
64656.0
0
D
Pursuant to the Agreement and Plan of Merger, dated as of February 19, 2021 (the "Merger Agreement"), by and among Forterra, Inc., a Delaware corporation, (the "Company", Quikrete Holdings, Inc., a Delaware corporation ("Parent"), and Jordan Merger Sub, Inc., a Delaware corporation and a wholly owned subsidiary of Parent ("Merger Sub"), Merger Sub merged with and into the Company (the "Merger"), with the Company continuing as the surviving corporation in the Merger and a wholly owned subsidiary of Parent. Pursuant to the Merger Agreement, at the effective time of the Merger, each share of common stock, par value $0.001 per share, of the Company ("Common Stock") was canceled and converted automatically into the right to receive $24.00 per share in cash, without interest and less any applicable tax withholdings.
Pursuant to the Merger Agreement, each option to purchase shares of Common Stock immediately prior to the effective time of the Merger fully vested and converted into the right to receive, without interest and less any applicable tax withholdings, $24.00 in cash.
Vested in equal installments on 8/7/2018, 8/7/2019, and 8/7/2020.
Vested in equal installments on 12/12/2018, 12/12/2019, and 12/12/2020.
Vested in equal installments on 3/1/2019, 3/1/2020, and 3/1/2021.
Vested in equal installments on 3/14/2020, 3/14/2021, and 3/14/2022.
Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
Pursuant to the Merger Agreement, each restricted stock unit outstanding immediately prior to the consummation of the Merger was canceled and converted into the right to receive, without interest and less any applicable tax withholdings, $24.00 in cash.
/s/ Lori M. Browne, attorney-in-fact for Vikrant Bhatia
2022-03-18