LDR HOLDING CORP 4

Accession 0000899243-16-025089

CIK 0001348324operating

Filed

Jul 12, 8:00 PM ET

Accepted

Jul 13, 5:16 PM ET

Size

23.5 KB

Accession

0000899243-16-025089

Form 4

Period: 2016-07-13

Director

Transactions

Disposition to Issuer
Restricted Stock Unit (RSU)
2016-07-13$37.00/sh−6,000$222,000→ 0 total
→ Common Stock (6,000 underlying)
Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2016-07-13$13.23/sh−3,500$46,305→ 0 total
Exercise: $23.77Exp: 2024-06-03→ Common Stock (3,500 underlying)
Disposition from Tender
Common Stock
2016-07-13$37.00/sh−220,468$8,157,316→ 0 total
Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2016-07-13$22.00/sh−3,111$68,442→ 0 total
Exercise: $15.00Exp: 2023-10-08→ Common Stock (3,111 underlying)
Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2016-07-13$11.71/sh−2,000$23,420→ 0 total
Exercise: $25.29Exp: 2026-01-05→ Common Stock (2,000 underlying)
Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2016-07-13−1,500→ 0 total
Exercise: $37.56Exp: 2025-05-07→ Common Stock (1,500 underlying)
Disposition to Issuer
Restricted Stock Unit (RSU)
2016-07-13$37.00/sh−833$30,821→ 0 total
→ Common Stock (833 underlying)
Disposition to Issuer
Restricted Stock Unit (RSU)
2016-07-13$37.00/sh−2,000$74,000→ 0 total
→ Common Stock (2,000 underlying)

Footnotes (4)

[F1]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 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.
[F2]Each restricted stock unit ("RSU") represents a right to receive one share of the Issuer's common stock.
[F3]Pursuant to the Merger Agreement, each RSU, whether vested or unvested, became fully vested immediately prior to the Merger Effective Time and was automatically 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.
[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.

Documents

1 file

LDR HOLDING CORP

CIK 0001348324

Entity typeoperating