William R. Thomas - 28 Jun 2024 Form 4 Insider Report for ENCORE WIRE CORP (WIRE)

Role
Director
Signature
Bret J. Eckert, attorney-in-fact
Issuer symbol
WIRE
Transactions as of
28 Jun 2024
Transactions value $
-$362,500
Form type
4
Filing time
02 Jul 2024, 18:45:24 UTC
Previous filing
04 Jun 2024
Next filing
13 Aug 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WIRE Common Stock, par value $0.01 per share Gift $0 -12.4K -90.81% $0.00 1.25K 28 Jun 2024 Direct
transaction WIRE Common Stock, par value $0.01 per share Disposed to Issuer -$363K -1.25K -100% $290.00 0 02 Jul 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

William R. Thomas is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Pursuant to the Agreement and Plan of Merger, dated as of April 14, 2024, by and among Encore Wire Corporation ('Encore'), Prysmian S.p.A., Applause Merger Sub Inc. and solely as provided in Section 9.12 therein, Prysmian Cables and Systems USA, LLC (the 'Merger Agreement'), each share of common stock of Encore (other than certain excluded shares specified in the Merger Agreement) that was outstanding as of immediately prior to the effective time of the merger contemplated by the Merger Agreement was cancelled, extinguished, and automatically converted into the right to receive $290.00 per share in cash, without interest.