0000899243-19-029640.txt : 20191219
0000899243-19-029640.hdr.sgml : 20191219
20191219155457
ACCESSION NUMBER: 0000899243-19-029640
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20191219
FILED AS OF DATE: 20191219
DATE AS OF CHANGE: 20191219
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Krutty Dean M
CENTRAL INDEX KEY: 0001694709
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-23336
FILM NUMBER: 191295702
MAIL ADDRESS:
STREET 1: 8025 TRILLIUM LANE
CITY: CANTON
STATE: MI
ZIP: 48187
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: AROTECH CORP
CENTRAL INDEX KEY: 0000916529
STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES [3690]
IRS NUMBER: 954302784
STATE OF INCORPORATION: MI
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1229 OAK VALLEY DRIVE
CITY: ANN ARBOR
STATE: MI
ZIP: 48108
BUSINESS PHONE: 8002810356
MAIL ADDRESS:
STREET 1: 1229 OAK VALLEY DRIVE
CITY: ANN ARBOR
STATE: MI
ZIP: 48108
FORMER COMPANY:
FORMER CONFORMED NAME: AROTECH Corp
DATE OF NAME CHANGE: 20190925
FORMER COMPANY:
FORMER CONFORMED NAME: AROTECH CORP
DATE OF NAME CHANGE: 20030918
FORMER COMPANY:
FORMER CONFORMED NAME: ELECTRIC FUEL CORP
DATE OF NAME CHANGE: 19931223
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2019-12-19
1
0000916529
AROTECH CORP
ARTX
0001694709
Krutty Dean M
8025 TRILLIUM LANE
CANTON
MI
48187
0
1
0
0
President and CEO
Common Stock
2019-12-19
4
M
0
65000
A
237305
D
Common Stock
2019-12-19
4
D
0
237305
3.00
D
0
D
Restricted Stock Units
2019-12-19
4
M
0
65000
D
Common Stock, par value $0.01 per Share
65000
0
D
Each restricted stock unit ("RSU") represents a contingent right to receive one Share.
Pursuant to the terms of the Agreement and Plan of Merger (the "Merger Agreement"), dated as of September 22, 2019, by and among Arotech Corporation, a Delaware corporation (the "Company"), Argonaut Intermediate, Inc., a Delaware corporation ("Parent"), and Argonaut Merger Sub, Inc., a Delaware corporation and a direct wholly-owned subsidiary of Parent ("Merger Sub"), Merger Sub was merged with and into the Company, with the Company continuing as a direct wholly-owned subsidiary of Parent (the "Merger"). Pursuant to the Merger Agreement, at the effective time of the Merger, each share of common stock, par value $0.01 per share, of the Company (a "Share") was converted into the right to receive $3.00 in cash, net of applicable tax withholding, without interest.
Pursuant to the Merger Agreement, each RSU outstanding immediately prior to the consummation of the Merger, automatically and without any required action on the part of its holder, became fully vested and was cancelled and converted into the right to receive an amount in cash, without interest, equal to the product of (i) $3.00 and (ii) the total number of Shares underlying such RSU, net of applicable tax withholding.
/s/ Dean M. Krutty
2019-12-19