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OM Group's Chairman and CEO just disposed of 271,496 shares

Joseph Scaminace, OM Group's Chairman and CEO and a director of the company, recently disposed of 271,496 shares of the company. The disposals took place at $34.00 per share, on October 28, 2015. Scaminace no longer owns any shares of the company. Scaminace operates out of Cleveland, OH. Some additional info was provided as follows:

Half of these performance units were disposed of pursuant to a merger agreement, dated May 31, 2015, by and among Duke Acquisition Holdings, LLC, Duke Acquisition, Inc., MacDermid Americas Acquisitions, Inc., and the Issuer (the "Merger Agreement") in exchange for the right to receive $34.00 in cash per performance unit, representing payout for the applicable performance share award at target performance level, plus any earned cash divide nd equivalents, with the...