Accession Number: | 0001127602-20-022254 |
Date: | 2020-07-29 |
Issuer: | EL PASO ELECTRIC CO /TX/ (EE) |
Original Submission Date: |
RODRIGUEZ ADRIAN J
100 N. STANTON
EL PASO, TX 79901
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
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COMMON STOCK | 2020-07-29 | D | 1,006 | d | $68.25 | 21,330 | direct | ||
COMMON STOCK | 2020-07-29 | D | 21,330 | d | $68.25 | 0 | direct |
Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
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ID | footnote |
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f1 | on july 29, 2020, pursuant to the agreement and plan of merger, dated as of june 1, 2019 (the "merger agreement"), by and among el paso electric company, a texas corporation (the "company"), sun jupiter holdings llc, a delaware limited liability company ("parent"), and sun merger sub inc., a texas corporation and wholly owned subsidiary of parent ("merger sub"), the company merged with and into merger sub (the "merger"), with the company surviving the merger. pursuant to the merger agreement, at the effective time of the merger (the "effective time"), each share of company common stock issued and outstanding immediately prior to the effective time owned by the reporting person converted into the right to receive cash in the amount of $68.25, without interest (the "merger consideration"). |
f2 | pursuant to the merger agreement, immediately prior to the effective time, each restricted share of company common stock subject to time-based vesting under the company's amended and restated 2007 long-term incentive plan, as amended, outstanding and unvested immediately prior to the effective time was cancelled and converted into the vested right to receive cash in an amount equal to the merger consideration. |