4//SEC Filing
Receptos, Inc. 4
Accession 0000899243-15-004152
CIK 0001463729operating
Filed
Aug 26, 8:00 PM ET
Accepted
Aug 27, 6:31 PM ET
Size
8.1 KB
Accession
0000899243-15-004152
Insider Transaction Report
Form 4
Receptos, Inc.RCPT
Heyman Richard A.
Director
Transactions
- Disposition to Issuer
Stock Option (right to buy)
2015-08-27$192.52/sh−18,800$3,619,376→ 0 totalExercise: $39.48Exp: 2024-07-27→ Common Stock (18,800 underlying) - Disposition to Issuer
Common Stock
2015-08-27−7,400→ 0 total
Footnotes (3)
- [F1]Pursuant to the terms of the Agreement and Plan of Merger (the "Merger Agreement"), dated as of July 14, 2015, by and among Receptos, Inc., a Delaware corporation (the "Company"), Celgene Corporation, a Delaware corporation ("Parent"), and Strix Corporation, a Delaware corporation and a wholly owned subsidiary of Parent, the reporting person disposed of 7,400 unvested time-based restricted stock units in exchange for $232.00 per share in cash (the "Offer Price").
- [F2]Pursuant to the terms of the Merger Agreement, each stock option of the Company, whether vested or unvested, was cancelled in exchange for a cash payment with respect thereto equal to the product of (A) the excess, if any, of (1) the Offer Price over (2) the exercise price per share of such option, and (B) the number of shares of common stock underlying such option.
- [F3]The original vesting term of the option was as follows: the option vested in 36 equal monthly installments commencing on July 28, 2014.
Documents
Issuer
Receptos, Inc.
CIK 0001463729
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001463729
Filing Metadata
- Form type
- 4
- Filed
- Aug 26, 8:00 PM ET
- Accepted
- Aug 27, 6:31 PM ET
- Size
- 8.1 KB