Form 4 for ADT ADT Inc.
Accepted 2021-12-09 00:00:00 ET · period of report 2021-12-08 · accession 0001703056-21-000185 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| I | 2021-12-09 | 2021-12-08 | ADT | Jones Marc S | Executive Vice Pres, Solar | A - Grant | — | +26.23M | 26.23M | New | — |
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 | 2021-12-08 | A | A | 26,232,983 | — | 26,232,983 | I Orange Solar Holdco, LLC | — | — | (F1) Represents 26,232,983 shares of common stock of the Issuer acquired by Orange Solar Holdco, LLC as consideration pursuant to a Purchase Agreement (the "Purchase Agreement"), dated November 8, 2021, by and among the Issuer and certain parties thereto, including Orange Solar Holdco, LLC. The amount reported includes 1,920,661 shares of common stock of the Issuer held in escrow and subject to forfeiture pursuant to the Purchase Agreement. On the closing date of the Purchase Agreement, the closing price per share of the Issuer's common stock was $8.66. (F2) The reporting person is the manager and a member, together with trusts affiliated with the reporting person, of Orange Solar Holdco, LLC. The reporting person disclaims beneficial ownership of the reported securities other than to the extent of any pecuniary interest he may have therein, directly or indirectly. |