Statement of Changes in Beneficial Ownership (4)
09 Mars 2020 - 5:21PM
Edgar (US Regulatory)
FORM 4
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
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3235-0287
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
*
Caruso Daniel |
2. Issuer Name and Ticker or Trading Symbol
Zayo Group Holdings, Inc.
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ZAYO
]
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) CEO |
(Last)
(First)
(Middle)
1821 30TH STREET, UNIT A |
3. Date of Earliest Transaction
(MM/DD/YYYY)
3/9/2020 |
(Street)
BOULDER, CO 80301
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line)
_X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1.Title of Security (Instr. 3)
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2. Trans. Date
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2A. Deemed Execution Date, if any
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3. Trans. Code (Instr. 8)
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4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
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5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)
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6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
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7. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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Amount
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(A) or (D)
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Price
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Common Stock | 3/9/2020 | | D(1) | | 213666 | D | (1) | 3000000 | I | DPC Papa Bear Enterprises, LLC |
Common Stock | 3/9/2020 | | D(2) | | 3000000 | D | (2) | 0 | I | DPC Papa Bear Enterprises, LLC |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. Trans. Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) |
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Restricted Stock Unit | (3) | 3/9/2020 | | D | | | 471450 | 3/9/2020 (3) | 3/9/2020 (3) | Common Stock | 471450 | (3) | 0 | D | |
Restricted Stock Unit | (4) | 3/9/2020 | | D | | | 154781 | 3/9/2020 (4) | 3/9/2020 (4) | Common Stock | 154781 | (4) | 0 | D | |
Restricted Stock Unit | (5) | 3/9/2020 | | D | | | 51886 | 3/9/2020 (5) | 3/9/2020 (5) | Common Stock | 51886 | (5) | 0 | D | |
Restricted Stock Units | (6) | 3/9/2020 | | D | | | 50403 | 3/9/2020 (6) | 3/9/2020 (6) | Common Stock | 50403 | (6) | 0 | D | |
Restricted Stock | (7) | 3/9/2020 | | D | | | 49449 | 3/9/2020 (7) | 3/9/2020 (7) | Common Stock | 49449 | (7) | 0 | D | |
Explanation of Responses: |
(1) | On May 8, 2019, Zayo Group Holdings, Inc. (the "Company") entered into an Agreement and Plan of Merger (the "Merger Agreement") by and
among Front Range TopCo, Inc. ("Parent") and Front Range BidCo, Inc. ("Merger Sub"). On March 9, 2020, Merger Sub merged with any into
the Company pursuant to Section 251(h) of the General Corporation Law of the State of Delaware, with the Company being the surviving
corporation and becoming a wholly owned subsidiary of Parent (the "Merger"). Pursuant to the terms of the Merger Agreement, each share of
Company common stock was converted into the right to receive an amount in cash equal to $35 (the "Merger Consideration"), without interest
and not including any required withholding of taxes. |
(2) | Pursuant to an agreement between the Reporting Person and Parent, the reported number of shares of common stock were rolled over into an investment into the ultimate parent entity of the Parent, at the value equal to the per-share value of the Merger Consideration. |
(3) | On January 2, 2019, the Reporting Person was granted Part B RSUs that were unvested as of the closing of the Merger. Each such RSU held by the Reporting Person was converted into the right to receive the Merger Consideration for each such RSU, based on deemed target performance, to paid in full upon closing of the Merger. |
(4) | On April 5, 2019, the Reporting Person was granted Part B RSUs that were unvested as of the closing of the Merger. Each such RSU held by the Reporting Person was converted into the right to receive the Merger Consideration for each such RSU, based on deemed target performance, to paid in full at the closing of the Merger. |
(5) | On July 5, 2019 the Reporting Person was granted Part B RSUs that were unvested as of the closing of the Merger. Each such RSU held by the Reporting Person was converted into the right to receive the Merger Consideration for each such RSU, based on deemed target performance, to paid in full on September 30, 2020. |
(6) | On October 4, 2019, the Reporting Person was granted Part B RSUs that were unvested as of the closing of the Merger. Each such RSU held by the Reporting Person was converted into the right to receive the Merger Consideration for each such RSU, based on deemed target performance, to paid in full on December 31, 2020. |
(7) | On January 6, 2020, the Reporting Person was granted Part B RSUs that were unvested as of the closing of the Merger. Each such RSU held by the Reporting Person was converted into the right to receive the Merger Consideration for each such RSU, based on deemed target performance, to paid in full on March 31, 2021. |
Reporting Owners
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Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
Caruso Daniel 1821 30TH STREET, UNIT A BOULDER, CO 80301 | X |
| CEO |
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Signatures
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/s/Shira Cooks, as attorney-in-fact | | 3/9/2020 |
**Signature of Reporting Person | Date |
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