4//SEC Filing
XENOPORT INC 4
Accession 0000899243-16-024690
CIK 0001130591operating
Filed
Jul 5, 8:00 PM ET
Accepted
Jul 6, 9:44 PM ET
Size
31.9 KB
Accession
0000899243-16-024690
Insider Transaction Report
Form 4
XENOPORT INCXNPT
Freund John Gordon
Director
Transactions
- Disposition from Tender
Common Stock
2016-07-05$7.03/sh−3,645$25,624→ 0 total(indirect: By Trust) - Disposition from Tender
Common Stock
2016-07-05$7.03/sh−27$190→ 0 total(indirect: By Trust) - Disposition to Issuer
Restricted Stock Units
2016-07-05$7.03/sh−5,000$35,150→ 0 total→ Common Stock (5,000 underlying) - Disposition from Tender
Common Stock
2016-07-05$7.03/sh−3,899$27,410→ 0 total(indirect: By Trust) - Disposition to Issuer
Stock Options
2016-07-05$7.03/sh−15,000$105,450→ 0 totalExercise: $6.18Exp: 2022-05-16→ Common Stock (15,000 underlying) - Disposition to Issuer
Stock Options
2016-07-05$7.03/sh−15,000$105,450→ 0 totalExercise: $4.57Exp: 2024-06-11→ Common Stock (15,000 underlying) - Disposition to Issuer
Stock Options
2016-07-05$7.03/sh−15,000$105,450→ 0 totalExercise: $6.04Exp: 2025-06-19→ Common Stock (15,000 underlying) - Disposition from Tender
Common Stock
2016-07-05$7.03/sh−15,000$105,450→ 0 total - Disposition from Tender
Common Stock
2016-07-05$7.03/sh−488,560$3,434,577→ 0 total(indirect: Through Fund) - Disposition from Tender
Common Stock
2016-07-05$7.03/sh−3,080$21,652→ 0 total(indirect: By Trust) - Disposition from Tender
Common Stock
2016-07-05$7.03/sh−22,633$159,110→ 0 total(indirect: By Trust) - Disposition from Tender
Common Stock
2016-07-05$7.03/sh−21,200$149,036→ 0 total(indirect: By Trust) - Disposition to Issuer
Stock Options
2016-07-05$7.03/sh−15,000$105,450→ 0 totalExercise: $6.17Exp: 2023-05-14→ Common Stock (15,000 underlying) - Disposition to Issuer
Stock Options
2016-07-05$7.03/sh−15,000$105,450→ 0 totalExercise: $4.35Exp: 2026-05-17→ Common Stock (15,000 underlying)
Footnotes (10)
- [F1]These shares were held by multiple entities. 227 shares were held by Skyline Venture Management III, L.L.C. and 488,333 shares were held by Skyline Venture Partners V, L.P. John Freund is connected to each of these entities as managing director or managing member either directly or through indirect ownership and in such capacity may have been deemed to have voting and investment power with respect to shares held by each of these entities. John G. Freund disclaims beneficial ownership of such securities, except to the extent of his proportionate partnership interest therein.
- [F10]Pursuant to the terms of the Merger Agreement, immediately prior to the Acceptance Time (as defined in the Merger Agreement), each outstanding RSU was fully vested, cancelled and converted into the right to receive an amount (subject to any applicable withholding tax) in cash equal to $7.03 per share.
- [F2]The shares were held by John G. Freund as custodian for his two sons.
- [F3]The shares were owned by a retirement account of which John G. Freund is the beneficiary.
- [F4]The shares were held by the Paul Brooke 1989 Insurance Trust of which John G. Freund is a trustee.
- [F5]The shares were owned by a revocable trust of which John G. Freund is a trustee.
- [F6]The shares were held by John G. Freund Family Partnership IV, L.P. John G. Freund disclaims beneficial ownership of such securities, except to the extent of his proportionate partnership interest therein.
- [F7]The shares were held by a trust which John G. Freund is a trustee. Shares previously disclosed as direct ownership shares.
- [F8]Pursuant to the terms of the Agreement and Plan of Merger (the "Merger Agreement"), dated May 21, 2016, by and among XenoPort, Inc. ("XenoPort"), Arbor Pharmaceuticals, LLC ("Arbor") and AP Acquisition Sub, Inc. ("AP Acquisition Sub"), a wholly owned subsidiary of Arbor, immediately prior to the Acceptance Time (as defined in the Merger Agreement), each outstanding and unexercised option to purchase shares of common stock of XenoPort was fully vested, cancelled and converted into the right to receive an amount (subject to any applicable withholding tax) in cash equal to: (A) $7.03 per share minus (B) the exercise price per share of common stock of XenoPort.
- [F9]Each restricted stock unit ("RSU") represents the right to receive one share of common stock of XenoPort.
Documents
Issuer
XENOPORT INC
CIK 0001130591
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001130591
Filing Metadata
- Form type
- 4
- Filed
- Jul 5, 8:00 PM ET
- Accepted
- Jul 6, 9:44 PM ET
- Size
- 31.9 KB