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4//SEC Filing

Delagardelle Jeani 4

Accession 0001012975-12-000238

CIK 0001024520other

Filed

Aug 5, 8:00 PM ET

Accepted

Aug 6, 7:01 PM ET

Size

8.3 KB

Accession

0001012975-12-000238

Insider Transaction Report

Form 4
Period: 2012-08-02
Delagardelle Jeani
Director10% Owner
Transactions
  • Disposition to Issuer

    Common Stock

    2012-08-026,063,6030 total(indirect: See Footnote)
  • Disposition to Issuer

    Warrants (right to buy)

    2012-08-02$0.10/sh2,341,920$233,0210 total(indirect: See Footnote)
    Exercise: $2.31From: 2010-10-19Exp: 2015-10-19Common Stock (2,341,920 underlying)
Footnotes (3)
  • [F1]Disposed of pursuant to a merger agreement by and among Issuer, Ocean Acquisition Holding Inc. and Heartware International, Inc. ("Heartware") in exchange for 19,560 shares of Heartware common stock having a market value of $89.79 per share (based on a ten day Heartware average stock price, ending on and including August 1, 2012) and a cash payment of $72.21.
  • [F2]The Reporting Person is a member of New Leaf Venture Management II, L.L.C., the sole general partner of New Leaf Venture Associates II, L.P., the sole general partner of New Leaf Ventures II, L.P. ("NLV II"), which is the beneficial owner of 6,063,603 shares of the Issuer's common stock and warrants entitling NLV II to purchase 3,118,620 shares of the Issuer's common stock in the aggregate (including the warrants entitling NLV II to purchase 2,341,920 shares of the Issuer's common stock which are being reported herein). The Reporting Person disclaims beneficial ownership, within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise of such portion of the NLV II shares and warrants in which the Reporting Person has no actual pecuniary interest therein.
  • [F3]These warrants were cancelled in the merger in exchange for a cash payment of $233,021.04.

Issuer

WORLD HEART CORP

CIK 0001024520

Entity typeother

Related Parties

1
  • filerCIK 0001441563

Filing Metadata

Form type
4
Filed
Aug 5, 8:00 PM ET
Accepted
Aug 6, 7:01 PM ET
Size
8.3 KB