0000914190-17-000104.txt : 20170307
0000914190-17-000104.hdr.sgml : 20170307
20170307100216
ACCESSION NUMBER: 0000914190-17-000104
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170126
FILED AS OF DATE: 20170307
DATE AS OF CHANGE: 20170307
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: ARCTIC CAT INC
CENTRAL INDEX KEY: 0000719866
STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS TRANSPORTATION EQUIPMENT [3790]
IRS NUMBER: 411443470
STATE OF INCORPORATION: MN
FISCAL YEAR END: 0331
BUSINESS ADDRESS:
STREET 1: 500 NORTH 3RD STREET
CITY: MINNEAPOLIS
STATE: MN
ZIP: 55401
BUSINESS PHONE: 612-350-1800
MAIL ADDRESS:
STREET 1: 500 NORTH 3RD STREET
CITY: MINNEAPOLIS
STATE: MN
ZIP: 55401
FORMER COMPANY:
FORMER CONFORMED NAME: ARCTCO INC
DATE OF NAME CHANGE: 19940224
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Brink Kim A.
CENTRAL INDEX KEY: 0001650336
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-18607
FILM NUMBER: 17670514
MAIL ADDRESS:
STREET 1: C/O 505 NORTH HIGHWAY 169
STREET 2: SUITE 1000
CITY: PLYMOUTH
STATE: MN
ZIP: 55441
4
1
edgar.xml
PRIMARY DOCUMENT
X0306
4
2017-01-26
1
0000719866
ARCTIC CAT INC
ACAT
0001650336
Brink Kim A.
500 NORTH 3RD STREET
MINNEAPOLIS
MN
55401
1
0
0
0
Common Stock
2017-01-26
4
S
0
347
18.5643
D
3382
D
Common Stock
2017-03-06
4
D
0
3382
18.50
D
0
D
Stock Option (Right to Buy)
16.74
2017-03-06
4
D
0
5973
D
2026-04-01
Common Stock
5973
0
D
Pursuant to the Agreement and Plan of Merger (the "Merger Agreement") among Arctic Cat Inc., a Minnesota corporation, Textron Inc., a Delaware corporation, ("Textron"), and Aces Acquisition Corp., a Minnesota corporation and an indirect wholly owned subsidiary of Textron, each unvested restricted stock unit became fully vested immediately prior to the Effective Time (as defined in the Merger Agreement). Restricted stock units were then cancelled as of the Effective Time in exchange for the right to receive a cash payment equal to $18.50 multiplied by the number of shares subject to such restricted stock unit award, less any required withholding of taxes.
Pursuant to the Merger Agreement, each unvested stock option became fully vested and exercisable immediately prior to the Effective Time. Each stock option that was outstanding and unexercised as of the Effective Time and had an exercise price per share that was less than $18.50 was then cancelled in exchange for the right to receive a cash payment equal to $18.50 minus the exercise price, multiplied by the number of shares issuable upon exercise of such stock option, less any required withholding of taxes.
/s/ John R Houston as Attorney-in-Fact for Kim A. Brink pursuant to Power of Attorney previously filed.
2017-03-07