MARSHALL GELLER - 14 Oct 2021 Form 4 Insider Report for GP STRATEGIES CORP (GPX)

Role
Director
Signature
By: James L. Galante For: Marshall S. Geller
Issuer symbol
GPX
Transactions as of
14 Oct 2021
Net transactions value
-$3,482,513
Form type
4
Filing time
18 Oct 2021, 15:19:12 UTC
Previous filing
04 Oct 2021
Next filing
04 Jan 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GPX Common Stock Disposed to Issuer $3,482,513 -167,027 -100% $20.85 0 14 Oct 2021 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On July 15, 2021, the Issuer entered into an Agreement and Plan of Merger (the "Merger Agreement") with Learning Technologies Group plc, a public limited company incorporated in England and Wales ("LTG"), Learning Technologies Acquisition Corporation, a Delaware corporation and direct wholly owned subsidiary of LTG ("US Holdco"), and Gravity Merger Sub, Inc., a Delaware corporation and wholly owned subsidiary of US Holdco ("Merger Sub"), pursuant to which each share of common stock of the Issuer was converted into the right to receive a cash payment equal to the per share merger consideration of $20.85.