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4//SEC Filing

Sagent Pharmaceuticals, Inc. 4

Accession 0000899243-16-028314

CIK 0001369786operating

Filed

Aug 30, 8:00 PM ET

Accepted

Aug 31, 6:25 PM ET

Size

9.6 KB

Accession

0000899243-16-028314

Insider Transaction Report

Form 4
Period: 2016-08-29
OBERMAN ALLAN
DirectorChief Executive Officer
Transactions
  • Disposition to Issuer

    Common Stock

    2016-08-29$21.75/sh9,459$205,73392,527 total
  • Disposition to Issuer

    Common Stock

    2016-08-29$21.75/sh92,527$2,012,4620 total
  • Disposition to Issuer

    Stock Option to Buy

    2016-08-29$7.14/sh108,696$776,0890 total
    Exercise: $14.61Exp: 2026-02-22Common Stock (108,696 underlying)
Footnotes (3)
  • [F1]Pursuant to the Agreement and Plan of Merger by and among Nichi-Iko Pharmaceutical Co. Ltd., Shepard Vision, Inc. and Sagent Pharmaceuticals, Inc. (the "Merger Agreement"), these shares were canceled and converted into the right to receive $21.75 per share in cash, without interest, less any applicable withholding taxes (the "Merger Consideration").
  • [F2]Pursuant to the Merger Agreement, these restricted shares were canceled and converted into the right to receive the Merger Consideration.
  • [F3]Represents the disposition of options, which provided for vesting in four equal installments beginning February 22, 2017. The options were cancelled pursuant to the Merger Agreement in exchange for a cash payment of $7.14 per share subject to the option. This per share price represents the difference between the applicable exercise price of the option and the Merger Consideration.

Issuer

Sagent Pharmaceuticals, Inc.

CIK 0001369786

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001369786

Filing Metadata

Form type
4
Filed
Aug 30, 8:00 PM ET
Accepted
Aug 31, 6:25 PM ET
Size
9.6 KB