Actionable news
All posts from Actionable news
Actionable news in CNW: CON-WAY Inc,

CNF's Executive Vice President just disposed of 83,468 shares

Robert Leo Bianco, CNF's Executive Vice President, recently disposed of 83,468 shares of the company. The disposals took place at prices ranging from $0.00 to $47.60 per share, on October 30, 2015. Bianco no longer owns any shares of the company. Bianco operates out of Ann Arbor, MI. Some additional info was provided as follows:

These Restricted Stock Units ("RSUs"), which were scheduled to vest on or prior to February 29, 2016, were fully vested and cancelled pursuant to the Agreement and Plan of Merger, dated September 9, 2015, among the issuer, XPO Logistics, Inc. ("XPO") and Canada Merger Corp. (the "Merger Agreement"), in exchange for a cash amount equal to the per share merger consideration of $47.60 (the "Per Share Merger Consideration") multiplied by number o f shares of the issuers common stock ("Shares") subject to such RSU. These RSUs, which were scheduled to vest after February 29, 2016, were cancelled and converted into an RSU award with the same terms and conditions as were applicable under such original RSUs as of immediately prior to October 30, 2015 (the "Effective Time"). The converted RSU relates to the number of shares of common stock of XPO ("XPO Shares") equal to the product of (i) the number of Shares subject to such original RSUs immediately prior to the...