4//SEC Filing
LDR HOLDING CORP 4
Accession 0000899243-16-025084
CIK 0001348324operating
Filed
Jul 12, 8:00 PM ET
Accepted
Jul 13, 5:14 PM ET
Size
35.0 KB
Accession
0000899243-16-025084
Insider Transaction Report
Form 4
LDR HOLDING CORPLDRH
Lavigne Christophe
DirectorPresident, CEO and Chairman10% Owner
Transactions
- Disposition to Issuer
Restricted Stock Unit (RSU)
2016-07-13$37.00/sh−31,884$1,179,708→ 0 total→ Common Stock (31,884 underlying) - Award
Performance Shares
2016-07-13+31,884→ 31,884 total→ Common Stock (31,884 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2016-07-13$22.00/sh−82,962$1,825,164→ 0 totalExercise: $15.00Exp: 2023-10-08→ Common Stock (82,962 underlying) - Disposition to Issuer
Performance Shares
2016-07-13$37.00/sh−31,884$1,179,708→ 0 total→ Common Stock (31,884 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2016-07-13$4.22/sh−50,000$211,000→ 0 totalExercise: $32.78Exp: 2025-01-01→ Common Stock (50,000 underlying) - Disposition to Issuer
Common Stock
2016-07-13$37.00/sh−174$6,438→ 0 total - Disposition to Issuer
Incentive Stock Option (right to buy)
2016-07-13$30.47/sh−10,737$327,113→ 0 totalExercise: $6.53Exp: 2022-07-10→ Common Stock (10,737 underlying) - Disposition to Issuer
Performance Shares
2016-07-13$37.00/sh−13,456$497,872→ 0 total→ Common Stock (13,456 underlying) - Disposition to Issuer
Restricted Stock Unit (RSU)
2016-07-13$37.00/sh−20,624$763,088→ 0 total→ Common Stock (20,624 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2016-07-13$30.47/sh−24,315$740,781→ 0 totalExercise: $6.53Exp: 2022-07-10→ Common Stock (24,315 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2016-07-13$9.59/sh−55,000$527,450→ 0 totalExercise: $27.41Exp: 2024-01-16→ Common Stock (55,000 underlying) - Disposition from Tender
Common Stock
2016-07-13$37.00/sh−684,153$25,313,661→ 174 total - Disposition to Issuer
Restricted Stock Unit (RSU)
2016-07-13$37.00/sh−18,750$693,750→ 0 total→ Common Stock (18,750 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2016-07-13$11.89/sh−63,768$758,202→ 0 totalExercise: $25.11Exp: 2026-01-01→ Common Stock (63,768 underlying)
Footnotes (8)
- [F1]Includes 594 ESPP shares acquired under the Issuer's Amended and Restated 2013 Employee Stock Purchase Plan on May 31, 2016.
- [F2]Includes 174 ESPP shares acquired under the Issuer's Amended and Restated 2013 Employee Stock Purchase Plan on July 11, 2016.
- [F3]Pursuant to the terms of the Agreement and Plan of Merger dated June 6, 2016, by and among the Issuer, Zimmer Biomet Holdings, Inc. and LH Merger Sub, Inc., as amended through the date of this form (the "Merger Agreement"), each option, whether vested or unvested, became fully vested immediately prior to the effective time of the merger (the "Merger Effective Time" and such merger, the "Merger") and was automatically canceled and converted into the right to receive an amount in cash equal to the product of (i) the excess, if any, of (A) $37.00 per share in cash (the "Merger Consideration") over (B) the exercise price per share subject to such option, and (ii) the number of shares underlying such option.
- [F4]Each restricted stock unit ("RSU") represents a right to receive one share of the Issuer's common stock.
- [F5]Pursuant to the Merger Agreement, each RSU, whether vested or unvested, became fully vested immediately prior to the Merger Effective Time and was cancelled and converted into the right to receive an amount in cash equal to the product of (i) the Merger Consideration multiplied by (ii) the number of shares subject to such RSU.
- [F6]Each performance-based restricted stock unit ("PSU") represents the right to acquire one share of the Issuer's common stock.
- [F7]Pursuant to the Merger Agreement, each PSU, whether vested or unvested, became fully vested immediately prior to the Merger Effective Time and was canceled and converted into the right to receive an amount in cash equal to the product of (i) the Merger Consideration multiplied by (ii) the number of shares subject to such PSU.
- [F8]On January 1, 2016, the Reporting Person was awarded a number of PSUs within a preset range, with the actual number contingent upon the achievement of certain performance criteria. In connection with the consummation of the Merger and the related transactions, the Compensation Committee of the Issuer's Board of Directors approved the achievement of the performance criteria and determined the actual number of PSUs was at the target level. Each PSU represents the right to acquire one share of the Issuer's common stock.
Documents
Issuer
LDR HOLDING CORP
CIK 0001348324
Entity typeoperating
Related Parties
1- filerCIK 0001348324
Filing Metadata
- Form type
- 4
- Filed
- Jul 12, 8:00 PM ET
- Accepted
- Jul 13, 5:14 PM ET
- Size
- 35.0 KB