Fochtman Barbara A sold ALTM
March 6, 2025 · Form 4 insider transaction
Fochtman Barbara A sold 12,607 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.
Footnotes
Pursuant to the Transaction Agreement, at the Effective Time, each award of Arcadium stock options ("Arcadium Options") held by the reporting person and granted under the Arcadium Omnibus Incentive Plan was canceled in exchange for an award of stock options with respect to a number of Listed Shares of equivalent value and with the same terms and conditions as applied to such stock options immediately prior to the Effective Time ("Rio Tinto Options"). The number of Listed Shares subject to each such Rio Tinto Options equals the number of shares of Arcadium common stock subject to the corresponding Arcadium Options immediately prior to the Effective Time multiplied by the Equity Award Conversion Ratio. The exercise price of each such Rio Tinto Option equals the exercise price of the corresponding Arcadium Options divided by the Equity Award Conversion Ratio.