LDR HOLDING CORP 4
4 · LDR HOLDING CORP · Filed Jul 13, 2016
Insider Transaction Report
Form 4
LDR HOLDING CORPLDRH
Cruz Denise
Controller
Transactions
- Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2016-07-13$13.41/sh−6,000$80,460→ 0 totalExercise: $23.59Exp: 2024-05-30→ Common Stock (6,000 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2016-07-13$0.33/sh−10,000$3,300→ 0 totalExercise: $36.67Exp: 2024-03-10→ Common Stock (10,000 underlying) - Disposition to Issuer
Incentive Stock Option (right to buy)
2016-07-13$30.66/sh−7,407$227,062→ 0 totalExercise: $6.34Exp: 2022-12-06→ Common Stock (7,407 underlying) - Disposition from Tender
Common Stock
2016-07-13$37.00/sh−3,515$130,055→ 155 total - Disposition to Issuer
Common Stock
2016-07-13$37.00/sh−155$5,735→ 0 total - Disposition to Issuer
Incentive Stock Option (right to buy)
2016-07-13$32.81/sh−740$24,283→ 0 totalExercise: $4.18Exp: 2022-03-23→ Common Stock (740 underlying) - Disposition to Issuer
Restricted Stock Unit (RSU)
2016-07-13$37.00/sh−7,828$289,636→ 0 total→ Common Stock (7,828 underlying)
Footnotes (6)
- [F1]Includes 593 ESPP shares acquired under the Issuer's Amended and Restated 2013 Employee Stock Purchase Plan on May 31, 2016.
- [F2]Includes 155 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]Pursuant to the Merger Agreement, to the extent that the exercise price of the options is equal to or higher than the Merger Consideration, then such option was terminated and the holder was entitled to no consideration in connection with such cancellation
- [F5]Each restricted stock unit ("RSU") represents a right to receive one share of the Issuer's common stock.
- [F6]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.