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4//SEC Filing

Celator Pharmaceuticals Inc 4

Accession 0000899243-16-024952

CIK 0001327467operating

Filed

Jul 11, 8:00 PM ET

Accepted

Jul 12, 4:21 PM ET

Size

24.5 KB

Accession

0000899243-16-024952

Insider Transaction Report

Form 4
Period: 2016-07-12
Mayer Lawrence David
President and Head of Research
Transactions
  • Disposition to Issuer

    Stock Option (right to buy)

    2016-07-12$27.03/sh50,000$1,351,5000 total
    Exercise: $3.22Exp: 2024-02-18Common Stock (50,000 underlying)
  • Disposition to Issuer

    Common Stock

    2016-07-12$30.25/sh107,515$3,252,3290 total
  • Disposition to Issuer

    Stock Option (right to buy)

    2016-07-12$26.88/sh28,217$758,4730 total
    Exercise: $3.37Exp: 2017-07-10Common Stock (28,217 underlying)
  • Disposition to Issuer

    Stock Option (right to buy)

    2016-07-12$27.13/sh200,000$5,426,8000 total
    Exercise: $3.12Exp: 2023-06-03Common Stock (200,000 underlying)
  • Disposition to Issuer

    Stock Option (right to buy)

    2016-07-12$27.46/sh80,000$2,196,8000 total
    Exercise: $2.79Exp: 2024-02-18Common Stock (80,000 underlying)
  • Disposition to Issuer

    Stock Option (right to buy)

    2016-07-12$28.93/sh175,000$5,062,7500 total
    Exercise: $1.32Exp: 2026-01-27Common Stock (175,000 underlying)
  • Disposition to Issuer

    Common Stock

    2016-07-12$30.25/sh7,468$225,9070 total(indirect: By Spouse)
  • Disposition to Issuer

    Common Stock

    2016-07-12$30.25/sh3,631$109,8380 total(indirect: By Trust)
  • Disposition to Issuer

    Stock Option (right to buy)

    2016-07-12$28.93/sh35,676$1,032,1070 total
    Exercise: $1.32Exp: 2026-01-27Common Stock (35,676 underlying)
Footnotes (7)
  • [F1]Disposed of pursuant to the merger under the Agreement and Plan of Merger dated as of May 27, 2016 among Jazz Pharmaceuticals plc, Plex Merger Sub, Inc. and the Issuer (the "Merger") in exchange for a cash payment, representing the $30.25 purchase price per share of Issuer common stock in the Merger.
  • [F2]The option (which was vested in full), was canceled in the Merger in exchange for a cash payment, representing the difference between the exercise price per share of the option and $30.25, the purchase price per share of Issuer common stock in the Merger, multiplied by the number of shares.
  • [F3]The option (which had provided for vesting as follows: (i) 50,000 options vest on June 3, 2014; and (ii) 150,000 options vest in twelve consecutive quarterly installments of 12,500 shares, each on the 3rd day of the respective month beginning September 3, 2014 and continuing through June 3, 2017) was canceled in the Merger in exchange for a cash payment, representing the difference between the exercise price per share of the option and $30.25, the purchase price per share of Issuer common stock in the Merger, multiplied by the number of shares.
  • [F4]The option (which had provided for vesting as follows: (i) 12,5000 options vest on February 18, 2015; and (ii) 37,500 options vest in 12 consecutive quarterly installments of 3,125 shares, each on the 18th day of the respective month beginning May 18, 2015 and continuing through February 18, 2018) was canceled in the Merger in exchange for a cash payment, representing the difference between the exercise price per share of the option and $30.25, the purchase price per share of Issuer common stock in the Merger, multiplied by the number of shares.
  • [F5]The option (which had provided for vesting as follows: (i) 20,000 options vest on February 25, 2016; and (ii) 60,000 options vest in 12 consecutive quarterly installments of 5,000 shares, each on the 25th day of the respective month beginning May 25, 2016 and continuing through November 25, 2018) was canceled in the Merger in exchange for a cash payment, representing the difference between the exercise price per share of the option and $30.25, the purchase price per share of Issuer common stock in the Merger, multiplied by the number of shares.
  • [F6]The option (which had provided for vesting as follows: (i) 43,750 options vest on January 27, 2017; and (ii) 120,307 options vest in 11 consecutive quarterly installments of 10,937 shares vest on the 27th day of each respective month, beginning April 27, 2017 and continuing through October 27, 2019 and (iii) 10,943 options vest on January 27, 2020) was canceled in the Merger in exchange for a cash payment, representing the difference between the exercise price per share of the option and $30.25, the purchase price per share of Issuer common stock in the Merger, multiplied by the number of shares.
  • [F7]The option (which vested on March 14, 2016, the date the Issuer announced analysis of overall survival of Study 301, its Phase 3 clinical study) was canceled in the Merger in exchange for a cash payment, representing the difference between the exercise price per share of the option and $30.25, the purchase price per share of Issuer common stock in the Merger, multiplied by the number of shares.

Issuer

Celator Pharmaceuticals Inc

CIK 0001327467

Entity typeoperating

Related Parties

1
  • filerCIK 0001327467

Filing Metadata

Form type
4
Filed
Jul 11, 8:00 PM ET
Accepted
Jul 12, 4:21 PM ET
Size
24.5 KB