4//SEC Filing
RICE THOMAS P 4
Accession 0000878088-12-000062
CIK 0000878088other
Filed
Oct 1, 8:00 PM ET
Accepted
Oct 2, 5:33 PM ET
Size
8.1 KB
Accession
0000878088-12-000062
Insider Transaction Report
Form 4
RICE THOMAS P
Director
Transactions
- Disposition to Issuer
Restricted Stock Units
2012-09-28$50.00/sh−17,339$866,950→ 0 total→ Common Stock (17,339 underlying)
Footnotes (2)
- [F1]On Sept 28, 2012, certain affiliates of TPG Capital, L.P.("TPG") acquired the Issuer (the "Merger") pursuant to that certain merger agreement, as of July 14, 2012, by and among the Issuer, Sky Growth Holdings Corporation ("Parent") and Sky Growth Acquisition Corporation ("Merger Sub"). In connection with the Merger, TPG acquired all of the outstanding shares of the Issuer's Common Stock at a price of $50 per share, in cash. In addition, all outstanding deferred unit awards, performance stock units, restricted stock units and options (other than such awards held by certain employees that were exchanged for awards of Parent's stock) were cancelled upon the closing of the Merger in exchange for cash payments at a price of $50 per unit or option share (less the exercise price in the case of options), payable without interest. This transaction is more fully described in the Issuer's Proxy Statement filed with the SEC on Aug 27, 2012, as amended.
- [F2]The restricted stock units are the economic equivalent of one share of common stock, and are only distributed upon termination of services as a director of the Issuer. The restricted stock units were cancelled upon the closing of the Merger in exchange for a cash payment of $50.00 per unit. In addition, the Reporting Person has resigned as a director of the Company effective upon the closing of the Merger.
Documents
Issuer
PAR PHARMACEUTICAL COMPANIES, INC.
CIK 0000878088
Entity typeother
Related Parties
1- filerCIK 0001230728
Filing Metadata
- Form type
- 4
- Filed
- Oct 1, 8:00 PM ET
- Accepted
- Oct 2, 5:33 PM ET
- Size
- 8.1 KB