Filing Details

Accession Number:
0000950170-24-139728
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-12-23 17:29:54
Reporting Period:
2024-12-23
Accepted Time:
2024-12-23 17:29:54
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1634997 Avangrid Inc. AGR American Depositary Receipts (8880) 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1360587 Iberdrola, S.a. C/O Avangrid, Inc.
180 Marsh Hill Road
Orange CT 06477
No No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2024-12-23 71,350,792 $35.75 0 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Footnotes
  1. Pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated as of May 17, 2024, by and among the Issuer, the Reporting Person and Arizona Merger Sub, Inc., a wholly owned subsidiary of Reporting Person ("Merger Sub"), Merger Sub merged with and into the Issuer, with the Issuer surviving the Merger and becoming a wholly owned subsidiary of the Reporting Person. At the Effective Time, each share of Common Stock issued and outstanding immediately prior to the Effective Time (other than the "Excluded Shares," which included the Common Stock held by the Reporting Person) was converted into a right to receive $35.75 per share of Common Stock in cash, without interest. At the Effective Time, (i) all shares of Common Stock ceased to be outstanding, were cancelled and ceased to exist and (ii) each Excluded Share ceased to be outstanding and was cancelled without payment of any consideration and ceased to exist.