0000882184-22-000137.txt : 20220606 0000882184-22-000137.hdr.sgml : 20220606 20220606122332 ACCESSION NUMBER: 0000882184-22-000137 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220525 FILED AS OF DATE: 20220606 DATE AS OF CHANGE: 20220606 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Bylinsky Gregory CENTRAL INDEX KEY: 0001427289 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38165 FILM NUMBER: 22997306 MAIL ADDRESS: STREET 1: C/O BANDERA PARTNERS LLC STREET 2: 50 BROAD STREET, SUITE 1820 CITY: NEW YORK STATE: NY ZIP: 10004 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: VIDLER WATER RESOURCES, INC. CENTRAL INDEX KEY: 0000830122 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE [6500] IRS NUMBER: 942723335 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 3480 GS RICHARDS BLVD STREET 2: STE 101 CITY: CARSON CITY STATE: NV ZIP: 89703 BUSINESS PHONE: 877-885-0050 MAIL ADDRESS: STREET 1: 3480 GS RICHARDS BLVD STREET 2: STE 101 CITY: CARSON CITY STATE: NV ZIP: 89703 FORMER COMPANY: FORMER CONFORMED NAME: PICO HOLDINGS INC /NEW DATE OF NAME CHANGE: 19970430 FORMER COMPANY: FORMER CONFORMED NAME: CITATION INSURANCE GROUP DATE OF NAME CHANGE: 19940527 4 1 edgar.xml PRIMARY DOCUMENT X0306 4 2022-05-25 1 0000830122 VIDLER WATER RESOURCES, INC. VWTR 0001427289 Bylinsky Gregory C/O VIDLER WATER RESOURCES, INC. 3480 GS RICHARDS BLVD., SUITE 101 CARSON CITY NV 89703 1 0 0 0 Common Stock 2022-05-25 4 U 0 1049432 15.75 D 0 I Held by Bandera Master Fund. Common Stock 2022-05-25 4 D 0 27478 15.75 D 0 D Disposed of pursuant to the Agreement and Plan of Merger, dated April 13, 2022, by and among D.R. Horton, Inc., Potable Merger Sub, Inc. and Vidler Water Resources, Inc. (the "Merger Agreement") in exchange for the market value of $15.75 per share on May 25, 2022, the effective date of the merger. Consists of securities directly held by Bandera Master Fund L.P. ("Bandera Master Fund"). Bandera Master Fund has delegated to Bandera Partners LLC ("Bandera Partners"), its investment manager, the sole and exclusive authority to vote and dispose of the securities held by Bandera Master Fund. Mr. Bylinsky, solely by virtue of his position as a Managing Partner, Managing Director and Portfolio Manager of Bandera Partners, may be deemed to beneficially own the securities held by Bandera Master Fund. Mr. Bylinsky expressly disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein. In connection with the Merger Agreement, these restricted stock units were converted into a right of the holder to receive an amount in cash equal to the per share merger consideration of $15.75 multiplied by the number of shares of common stock subject to such restricted stock units immediately prior to the merger. Of Mr. Bylinsky's restricted stock units, 25,685 restricted stock units were fully vested prior to the consummation of the transactions contemplated by the Merger Agreement, and 1,793 restrict stock units were accelerated immediately prior to the consummation of the transactions contemplated by the Merger Agreement. /s/ Gregory Bylinsky 2022-06-06