Michael D. Robinson - 03 Jan 2025 Form 4 Insider Report for Revelyst, Inc. (GEAR)

Role
Director
Signature
/s/ Yun Jung Choi, attorney-in-fact
Issuer symbol
GEAR
Transactions as of
03 Jan 2025
Transactions value $
$0
Form type
4
Filing time
03 Jan 2025, 17:12:46 UTC
Previous filing
27 Nov 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GEAR Common Stock Disposed to Issuer -21.4K -100% 0 03 Jan 2025 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction GEAR Deferred Stock Units Disposed to Issuer -39.4K -100% 0 03 Jan 2025 Common Stock 39.4K Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Michael D. Robinson is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 On January 3, 2025 (the "Closing Date"), pursuant to that certain Agreement and Plan of Merger, dated as of October 4, 2024 (the "Merger Agreement"), among the Issuer, Vista Outdoor Inc., Cabin Ridge Inc. and Olibre LLC, each share of the Issuer's common stock ("Common Stock") (other than any such shares of Common Stock held by the Issuer, its subsidiaries or Olibre LLC) was converted into the right to receive an amount in cash equal to the Merger Consideration (as defined in the Merger Agreement).
F2 Pursuant to the Merger Agreement, at the Effective Time, each deferred stock unit ("DSU"), whether vested or unvested, was canceled in exchange for a lump-sum cash payment, without interest, equal to the product of (i) the number of shares of Common Stock underlying such DSU immediately prior to the Effective Time, multiplied by (ii) the Merger Consideration.