4//SEC Filing
Celator Pharmaceuticals Inc 4
Accession 0000899243-16-024956
CIK 0001327467operating
Filed
Jul 11, 8:00 PM ET
Accepted
Jul 12, 4:22 PM ET
Size
11.5 KB
Accession
0000899243-16-024956
Insider Transaction Report
Form 4
Lobacki Joseph M
Director
Transactions
- Disposition to Issuer
Stock Option (right to buy)
2016-07-12$26.78/sh−28,000$749,840→ 0 totalExercise: $3.47Exp: 2023-12-18→ Common Stock (28,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2016-07-12$27.45/sh−14,000$384,300→ 0 totalExercise: $2.80Exp: 2024-06-12→ Common Stock (14,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2015-06-11$27.65/sh−14,000$387,100→ 0 totalExercise: $2.60Exp: 2025-06-11→ Common Stock (14,000 underlying)
Footnotes (3)
- [F1]The option (which had provided for vesting as follows: (i) 9,334 options vest on December 18, 2014; (ii) 16,331 options vest in seven consecutive quarterly installments of 2, 333 shares on the 27th day of each respective month beginning March 18, 2015 and continuing through September 18, 2016 and (iii) 2,335 options vest on December 18, 2016) was canceled in 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 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.
- [F2]The option (which had provided for vesting as follows: (i) 4,666 options vest on June 12, 2015; (ii) 8,162 shares vest in seven consecutive quarterly installments of 1,166 shares each on the 12th day of each respective month, beginning September 12, 2015 and continuing through March 12, 2017 and (iii) 1,172 options vest on June 12, 2017) was canceled in the 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) 4,667 options vest on June 11, 2016; (ii) 8,169 shares vest in seven consecutive quarterly installments of 1,167 shares each on the 11th day of each respective month, beginning September 11, 2016 and continuing through March 11, 2018 and (iii) 1,164 options vest on June 11, 2018) was canceled in the 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.
Documents
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, 4:22 PM ET
- Size
- 11.5 KB