Statement of Changes in Beneficial Ownership (4)
29 December 2020 - 8:46AM
Edgar (US Regulatory)
FORM 4
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
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3235-0287
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
*
LEVITT EVAN |
2. Issuer Name and Ticker or Trading Symbol
HD Supply Holdings, Inc.
[
HDS
]
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) SVP, CFO & CAO |
(Last)
(First)
(Middle)
3400 CUMBERLAND BOULEVARD |
3. Date of Earliest Transaction
(MM/DD/YYYY)
12/24/2020 |
(Street)
ATLANTA, GA 30339
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line)
_X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1.Title of Security (Instr. 3)
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2. Trans. Date
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2A. Deemed Execution Date, if any
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3. Trans. Code (Instr. 8)
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4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
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5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)
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6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
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7. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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Amount
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(A) or (D)
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Price
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Common Stock | 12/24/2020 | | U(4) | | 42790 | D | $56 | 0 | D | |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. Trans. Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) |
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Restricted Stock | $0 | 12/24/2020 | | D | | | 2071 | (1) | (1) | Common Stock | 2071 | $0 | 0 | D | |
Restricted Stock | $0 | 12/24/2020 | | D | | | 25244 | (1) | (1) | Common Stock | 25244 | $0 | 0 | D | |
Restricted Stock | $0 | 12/24/2020 | | D | | | 40211 | (1) | (1) | Common Stock | 40211 | $0 | 0 | D | |
Stock Options (right to buy) | $36.54 | 12/24/2020 | | D | | | 51508 | (2) | (2) | Common Stock | 51508 | $0 | 0 | D | |
Stock Options (Right to Buy) | $43.23 | 12/24/2020 | | D | | | 56670 | (2) | (2) | Common Stock | 56670 | $0 | 0 | D | |
Stock Options (Right to Buy) | $33.22 | 12/24/2020 | | D | | | 95622 | (2) | (2) | Common Stock | 95622 | $0 | 0 | D | |
Performance Stock Units | $0 | 12/24/2020 | | D | | | 10855 | (3) | (3) | Common Stock | 10855 | $0 | 0 | D | |
Performance Stock Units | $0 | 12/24/2020 | | D | | | 7551 | (3) | (3) | Common Stock | 7551 | $0 | 0 | D | |
Restricted Stock | $0 | 12/24/2020 | | D | | | 4469 | (1) | (1) | Common Stock | 4469 | $0 | 0 | D | |
Restricted Stock | $0 | 12/24/2020 | | D | | | 6798 | (1) | (1) | Common Stock | 6798 | $0 | 0 | D | |
Stock Options (Right to Buy) | $27.88 | 12/24/2020 | | D | | | 100730 | (2) | (2) | Common Stock | 100730 | $0 | 0 | D | |
Stock Options (Right to buy) | $43 | 12/24/2020 | | D | | | 73605 | (2) | (2) | Common Stock | 73605 | $0 | 0 | D | |
Explanation of Responses: |
(1) | Pursuant to the terms of the Agreement and Plan of Merger dated November 15, 2020 (the "Merger Agreement"), among The Home Depot, Inc. ("Parent"), Coronado Acquisition Sub Inc., a wholly owned subsidiary of Parent ("Merger Sub") and HD Supply Holdings, Inc. (the "Issuer"), on December 24, 2020, Merger Sub completed a cash tender offer for shares of common stock of the Issuer and thereafter merged with and into the Issuer (the "merger"). Immediately prior to the effective time of the merger, each outstanding share of Issuer restricted stock was cancelled and converted into the right to receive $56.00 in cash less applicable tax withholding. |
(2) | Pursuant to the terms of the Merger Agreement, immediately prior to the effective time of the merger, each outstanding Issuer stock option, whether vested or unvested, was cancelled and converted into the right to receive $56.00 in cash less the exercise price and applicable tax withholding. |
(3) | Pursuant to the terms of the Merger Agreement, immediately prior to the effective time of the merger, each outstanding Issuer performance stock unit was cancelled and converted into the right to receive $56.00 in cash less applicable tax withholding. |
(4) | Represents shares of common stock that were either tendered in the tender offer at a price of $56.00 per share in cash and less applicable tax withholding, or shares of common stock that, pursuant to the terms of the Merger Agreement and immediately prior to the effective time of the merger, were cancelled and converted into the right to receive $56.00 per share in cash and less applicable tax withholding. |
Reporting Owners
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Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
LEVITT EVAN 3400 CUMBERLAND BOULEVARD ATLANTA, GA 30339 |
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| SVP, CFO & CAO |
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Signatures
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Rita L. Fadell, Attorney-in-Fact for Evan J. Levitt | | 12/28/2020 |
**Signature of Reporting Person | Date |
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