0000882184-22-000136.txt : 20220606 0000882184-22-000136.hdr.sgml : 20220606 20220606122101 ACCESSION NUMBER: 0000882184-22-000136 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220525 FILED AS OF DATE: 20220606 DATE AS OF CHANGE: 20220606 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: WEBB MAXIM C W CENTRAL INDEX KEY: 0001247871 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38165 FILM NUMBER: 22997302 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: VIDLER WATER RESOURCES, INC. CENTRAL INDEX KEY: 0000830122 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE [6500] IRS NUMBER: 942723335 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 3480 GS RICHARDS BLVD STREET 2: STE 101 CITY: CARSON CITY STATE: NV ZIP: 89703 BUSINESS PHONE: 877-885-0050 MAIL ADDRESS: STREET 1: 3480 GS RICHARDS BLVD STREET 2: STE 101 CITY: CARSON CITY STATE: NV ZIP: 89703 FORMER COMPANY: FORMER CONFORMED NAME: PICO HOLDINGS INC /NEW DATE OF NAME CHANGE: 19970430 FORMER COMPANY: FORMER CONFORMED NAME: CITATION INSURANCE GROUP DATE OF NAME CHANGE: 19940527 4 1 edgar.xml PRIMARY DOCUMENT X0306 4 2022-05-25 1 0000830122 VIDLER WATER RESOURCES, INC. VWTR 0001247871 WEBB MAXIM C W C/O VIDLER WATER RESOURCES, INC. 3480 GS RICHARDS BLVD., SUITE 101 CARSON CITY NV 89703 1 1 0 0 Executive Chairman, CFO Common Stock 2022-05-25 4 U 0 85132 15.75 D 0 D Common Stock 2022-05-25 4 D 0 40875 15.75 D 0 D Stock Options (Right to Buy) 14.51 2022-05-25 4 D 0 95238 D 2024-11-14 Common Stock 95238 0 D Disposed of pursuant to the Agreement and Plan of Merger, dated April 13, 2022, by and among D.R. Horton, Inc., Potable Merger Sub, Inc. and Vidler Water Resources, Inc. (the "Merger Agreement") in exchange for the market value of $15.75 per share on May 25, 2022, the effective date of the merger. In connection with the Merger Agreement, these restricted stock units, which are fully vested, were converted into a right of the holder to receive an amount in cash equal to the per share merger consideration of $15.75 multiplied by the number of shares of common stock subject to such restricted stock units immediately prior to the merger. In connection with the Merger Agreement, this stock option, which provided for vesting upon certain performance-based parameters, was cancelled without payment. /s/ Maxim C.W. Webb 2022-06-06