Odd Lot Index

LAWSON PRODUCTS INC/NEW/DE/ DSGR

Terms unclear

Unclear — read the filing yourself
StatusClosed
Closing date2006-10-05
How it is priced—
Odd-lot thresholdFewer than 100 shares
Must tender everything you holdYes
Must tick the odd-lot box on the formYes
Price offeredUSD $37.50 to $43.00 per share
Most an odd-lot tender could be$3,712.50 to $4,257.00

Where each of these comes from

Every line above was read out of the filing. Here is the wording it was read from, so you can check it.

election_required = True...0 shares and I tender all of my shares, will I be subject to proration? If you own beneficially or of record fewer than 100 shares in the aggregate, you properly tender all of these shares at or below the purchase price before the tender offer expires and you complete the section entitled “Odd Lots” in the letter of transmittal, we will purchase all of your shares without subjecting them to the proration procedure. See Section 1. How will Lawson pay for the shares? We anticipate that we will fund the purchase of the shares tendered in the tender offer with borrowings under our existing credit facility. The tender offer is not conditioned upon Lawson obtaining f...
expiry = 2006-10-05...Up to 1,000,000 Shares of its Common Stock at a Purchase Price Not Greater Than $43.00 Nor Less Than $37.50 Per Share by Lawson Products, Inc. THE TENDER OFFER, PRORATION PERIOD AND WITHDRAWAL RIGHTS WILL EXPIRE AT 12:00 MIDNIGHT, NEW YORK CITY TIME, ON THURSDAY, OCTOBER 5, 2006, UNLESS LAWSON PRODUCTS, INC. EXTENDS THE TENDER OFFER. Lawson Products, Inc., a Delaware corporation (referred to herein as “we,” “us,” the “Company” or “Lawson”), is offering to purchase for cash up to 1,000,000 shares of its common stoc...
listed = True...R OFFER. IN ADDITION, THE MEMBERS OF THE PORT FAMILY, INCLUDING THEIR AFFILIATED FAMILY PARTNERSHIPS, WHOM WE REFER TO AS OUR “PRINCIPAL STOCKHOLDERS,” HAVE ADVISED US THAT THEY DO NOT INTEND TO TENDER ANY SHARES IN THE TENDER OFFER. The shares are listed and traded on the Nasdaq Global Select Market (“Nasdaq”) under the trading symbol “LAWS.” We publicly announced the tender offer on September 6, 2006, after the close of trading on Nasdaq on that date. On September 6, 2006, the reported closing price of the shares on Nasdaq was $38.16 per share. The lower end of the price range for the tender offer is below the current market price for the s...
must_tender_all = True...any of the holder’s shares are purchased in the tender offer (for which the condition was not initially satisfied) by random lot, to the extent feasible. To be eligible for purchase by random lot, stockholders whose shares are conditionally tendered must have tendered all of their shares. We may not purchase all of the shares tendered pursuant to the tender offer even if the shares are tendered at or below the purchase price. See Section 1, Section 5 and Section 6, respectively, for additional information concerning priority, proration and conditional tender procedures. Section 14 of this offer to purchase describes the...
price = USD 37.5-43.0...o certain limited exceptions provided in Rule 14e-5 of the Exchange Act. 9. Source and Amount of Funds. Assuming that 1,000,000 shares are purchased in the tender offer at a price between $37.50 and $43.00 per share, the aggregate purchase price will be between approximately $37.5 million and $43.0 million. Lawson intends to purchase the shares tendered with borrowings under the Company’s existing credit facility. The tender offer...
threshold = 100...y owners of less than 100 shares), which we will purchase on a priority basis as described in the immediately following paragraph, and except for shares that were conditionally tendered and for which the condition was not satisfied. See Sections 5 and 6. If I own fewer than 100 shares and I tender all of my shares, will I be subject to proration? If you own beneficially or of record fewer than 100 shares in the aggregate, you properly tender all of these shares at or below the purchase price before the tender offer expires and you complete the section entitled “Odd Lots” in the letter of transmittal, we will purchase...
txn_type = TENDER_OFFEREX-99.(A)(1)(A) 2 c08313exv99wxayx1yxay.htm OFFER TO PURCHASE exv99wxayx1yxay Table of Contents Exhibit (a)(1)(A) Offer to Purchase for Cash Up to 1,000,000 Shares of its Common Stock at a Purchase Price Not Greater Than $43.00 Nor Less Than $37.50 Per Share by Lawson Products, Inc. THE TENDER OFFER, PRORATION PERIOD AND WITHDRAWAL RIGHTS WILL EXPIRE AT 12:00 MIDNIGHT, NEW YORK CITY TIME, ON THURSD...

The filings

FiledFormRoleOn EDGAR
2006-09-08SC TO-Ioriginal (governing)View