Form 4 for ACNT ASCENT INDUSTRIES CO.
Accepted 2021-12-27 00:00:00 ET · period of report 2021-12-16 · accession 0000095953-21-000112 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2021-12-27 | 2021-12-16 | ACNT | Rosenzweig Benjamin L | Dir | M - OptEx | $12.75 | +3,517 | 41.8K | +9% | +$44.8K |
| D | 2021-12-27 | 2021-12-16 | ACNT | Rosenzweig Benjamin L | Dir | M - OptEx | $0.00 | -3,517 | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2021-12-16 | M | A | 3,517 | $12.75 | 41,773 | D | — | — | (F2) Shares directly acquired by the reporting person as a result of their exercise of subscription rights and oversubscription privilege in connection with the issuer's rights offering. (F1) On November 30, 2021, the issuer commenced a rights offering pursuant to which the issuer distributed non transferable subscription rights (the "Subscription Rights") to holders of record of it common stock as of 5:00 p.m. New York Time, on November 29, 2021. Each eligible recordholder received on Subscription Right for each share of common stock held of record by such holder as of the record date. Each Subscription Right entitled its holder, subject to certain limitations and conditions, to purchase 0.083768 shares of common stock at a subscription price of $12.75 per whole share. Holders of Subscription Rights that exercised in full such basic subscription rights were entitled, subject to certain limitations and conditions, to oversubscribe for additional shares of common stock that remained unsubscribed for the rights offering. The rights offering expired on December 16, 2021 and the Company announced the results of the offering on December 17, 2021. |
| 2 | Derivative | Subscription Rights (Right to Buy) | 2021-12-16 | M | D | 3,517 | $0.00 | 0 | D | $12.75 · 2021-11-30 to 2021-12-16 | 3,517 Common Stock |