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HDS HD Supply Holdings Inc

55.99
0.00 (0.00%)
24 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
HD Supply Holdings Inc NASDAQ:HDS NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 55.99 40.00 55.99 0 01:00:00

Statement of Changes in Beneficial Ownership (4)

28/12/2020 9:46pm

Edgar (US Regulatory)


FORM 4 [ ] 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
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

LEVITT EVAN
2. Issuer Name and Ticker or Trading Symbol

HD Supply Holdings, Inc. [ HDS ]
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)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
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)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. 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 Date7. 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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
LEVITT EVAN
3400 CUMBERLAND BOULEVARD
ATLANTA, GA 30339


SVP, CFO & CAO

Signatures
Rita L. Fadell, Attorney-in-Fact for Evan J. Levitt12/28/2020
**Signature of Reporting PersonDate

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