January 5, 2024 · Form 4 insider transaction
Schafer Jerry sold 8,805 shares of SRT, 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.
Stock options of the Issuer were canceled pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated as of October 10, 2023, by and among the Issuer, Stockholm Parent, LLC, a Delaware limited liability company, and Stockholm Merger Sub, Inc., a Delaware corporation and a wholly-owned subsidiary of Parent, at the effective time of the merger, in exchange for an amount in cash equal to the excess, if any, of $4.30 per share of common stock of the Issuer (the "Merger Consideration") over the per share exercise price of such stock options. Any stock options with respect to which the per share exercise price was equal to or greater than the per share Merger Consideration was canceled in exchange for no consideration.