March 6, 2025 · Form 4 insider transaction
Fochtman Barbara A sold 249,246 shares of Arcadium Lithium plc, a transaction worth N/A. The trade was recorded as disposition to the issuer and disclosed on an SEC Form 4, filed 0 days after the transaction.
Pursuant to the Transaction Agreement, at the Effective Time, each Arcadium restricted stock units ("Arcadium RSU") held by the reporting person and granted under the Arcadium Omnibus Incentive Plan was canceled in exchange for restricted stock units with respect to a number of ordinary shares of either Rio Tinto plc or Rio Tinto Limited ("Listed Shares") of equivalent value and with the same terms and conditions as applied to such Arcadium RSU immediately prior to the Effective Time ("Rio Tinto RSUs"). The number of Listed Shares subject to such Rio Tinto RSUs equals one multiplied by an exchange ratio of 0.0920493627351811, which equals the quotient obtained by dividing (i) the Consideration by (ii) the average volume weighted average price per ordinary share of the applicable Listed Share for the 30 consecutive trading day period ending on the last trading day preceding the Effective Time (the "Equity Award Conversion Ratio").