0001179110-20-007332.txt : 20200615
0001179110-20-007332.hdr.sgml : 20200615
20200615154814
ACCESSION NUMBER: 0001179110-20-007332
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200615
FILED AS OF DATE: 20200615
DATE AS OF CHANGE: 20200615
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Vetralla Stefano
CENTRAL INDEX KEY: 0001615075
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-15491
FILM NUMBER: 20963226
MAIL ADDRESS:
STREET 1: 2835 KEMET WAY
CITY: SIMSPONVILLE
STATE: SC
ZIP: 29681
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: KEMET CORP
CENTRAL INDEX KEY: 0000887730
STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC COMPONENTS & ACCESSORIES [3670]
IRS NUMBER: 570923789
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0331
BUSINESS ADDRESS:
STREET 1: KEMET TOWER
STREET 2: ONE EAST BROWARD BLVD., 2ND FLOOR
CITY: FORT LAUDERDALE
STATE: FL
ZIP: 33301
BUSINESS PHONE: 954-766-2800
MAIL ADDRESS:
STREET 1: KEMET TOWER
STREET 2: ONE EAST BROWARD BLVD., 2ND FLOOR
CITY: FORT LAUDERDALE
STATE: FL
ZIP: 33301
4
1
edgar.xml
FORM 4 -
X0306
4
2020-06-15
1
0000887730
KEMET CORP
KEM
0001615075
Vetralla Stefano
KEMET CORPORATION, KEMET TOWER
ONE EAST BROWARD BLVD., 2ND FLOOR
FORT LAUDERDALE
FL
33301
0
1
0
0
VP, Chief Human Resources
Common Stock
2020-06-15
4
D
0
47218
27.20
D
11907
D
Common Stock
2020-06-15
4
D
0
11907
27.20
D
0
D
Pursuant to the Agreement and Plan of Merger (the "Merger Agreement") between the Issuer, Yageo Corporation ("Parent"), and Sky Merger Sub Inc., a wholly-owned subsidiary of Parent ("Sub"), dated November 11, 2019, each issued and outstanding share (a "Share") of common stock of the Issuer was converted into the right to receive $27.20 per Share in cash (subject to any applicable withholding or other taxes or other amounts required by law to be withheld). On June 15, 2020, the transactions contemplated by the Merger Agreement were consummated, including the merger of Sub with and into the Issuer (the "Merger"), with the Issuer continuing as the surviving corporation following the Merger.
This amount includes 6,724 performance stock units which were deemed earned pursuant to the terms of the Merger Agreement and which had not been previously reported.
Represents unvested restricted stock units and performance stock units of the Issuer. Pursuant to the Merger Agreement, each outstanding unvested restricted stock unit and performance stock unit was accelerated, and each restricted stock unit and performance stock unit was canceled and entitled the holder to receive in exchange therefor, an amount in cash (subject to any applicable withholding or other taxes or other amounts required by law to be withheld) equal to the product of (i) the total number of shares of common stock subject to such restricted stock unit or performance stock unit and (ii) $27.20.
/s/ Kurt von Moltke, by power of atty for Stefano Vetralla
2020-06-15