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MANITOWOC CO INC — Director's Dealing 2016
Mar 7, 2016
33159_dirs_2016-03-07_f0bb8400-984a-4d97-8895-e6502138653f.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Manitowoc Foodservice, Inc. (MFS)
CIK: 0001650962
Period of Report: 2016-03-04
Reporting Person: MANITOWOC CO INC (10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-03-04 | Common Stock, $0.01 par value | J | 137016612 | — | Acquired | 137016712 | Direct |
| 2016-03-04 | Common Stock, $0.01 par value | J | 137016712 | — | Disposed | 0 | Direct |
Footnotes
F1: In connection with the spin-off of Manitowoc Foodservice, Inc. ("Foodservice") by The Manitowoc Company, Inc. ("Manitowoc"), and pursuant to the terms and conditions of the Separation and Distribution Agreement by and between Foodservice and Manitowoc, dated as of March 4, 2016 (the "Separation Agreement"), Manitowoc received 137,016,612 shares of Foodservice common stock which, when combined with the 100 shares held by Manitowoc prior thereto, equals the number of Foodservice shares of common stock distributed by Manitowoc in the Distribution, as such term is defined in the Separation Agreement.
F2: In connection with the spin-off of Foodservice by Manitowoc and pursuant to the terms and conditions of the Separation Agreement, Manitowoc effected the Distribution, as such term is defined in the Separation Agreement, on March 4, 2016, and distributed all shares of Manitowoc on a pro rata basis to the holders of record of Manitowoc common stock as of February 22, 2016, the record date.