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4//SEC Filing

NEIGHBORCARE INC 4

Accession 0000898822-05-000901

CIK 0000874265operating

Filed

Jul 31, 8:00 PM ET

Accepted

Aug 1, 5:30 PM ET

Size

16.3 KB

Accession

0000898822-05-000901

Insider Transaction Report

Form 4
Period: 2005-07-28
ARLOTTA JOHN
DirectorChairman, President and CEO
Transactions
  • Disposition to Issuer

    Common Stock

    2005-07-28$34.75/sh64,684$2,247,7690 total
  • Disposition from Tender

    Common Stock

    2005-07-28$34.75/sh75,283$2,616,0840 total
  • Disposition to Issuer

    Common Stock (right to buy)

    2005-07-28$34.75/sh250,000$8,687,5000 total
    Exercise: $21.50From: 2005-07-28Exp: 2013-12-09Common Stock (250,000 underlying)
Footnotes (2)
  • [F1]Pursuant to an Agreement and Plan of Merger, dated as of July 6, 2005 (the "Merger Agreement"), among NeighborCare, Inc. ("NeighborCare"), Omnicare, Inc. ("Omnicare") and Nectarine Acquisition Corp. ("Purchaser"), on July 28, 2005, Purchaser accepted for purchase all of the issued and outstanding shares of common stock, par value $0.02 per share ("Shares") of NeighborCare tendered to it in connection with its previously announced tender offer (the "Offer"), including 75,283 Shares of the Reporting Person's Shares, at a purchase price of $34.75 per Share in cash. Also on July 28, 2005, pursuant to the Merger Agreement, Purchaser was merged with and into NeighborCare (the "Merger"), as a result of which all of the Reporting Person's remaining Shares were converted into the right to receive $34.75 per Share in cash.
  • [F2]Pursuant to the Merger Agreement, as a result of the Merger, all options to purchase NeighborCare common stock outstanding immediately prior to the Merger were cancelled and Omnicare became obligated to pay to each former holder of any such cancelled options a cash amount equal to the product of (i) the excess, if any, of the $34.75 Merger Consideration over the exercise price per Share and (ii) the number of Shares of NeighborCare common stock covered by such holder's options, subject to applicable income and employment withholding taxes.

Issuer

NEIGHBORCARE INC

CIK 0000874265

Entity typeoperating
IncorporatedPA

Related Parties

1
  • filerCIK 0000874265

Filing Metadata

Form type
4
Filed
Jul 31, 8:00 PM ET
Accepted
Aug 1, 5:30 PM ET
Size
16.3 KB