USMD Holdings, Inc. 4
4 · USMD Holdings, Inc. · Filed Oct 4, 2016
Insider Transaction Report
Form 4
Saalfield James G.
Director
Transactions
- Disposition to Issuer
Common Stock ($.01 par value)
2016-09-30−19,809→ 0 total - Disposition to Issuer
Common Stock ($.01 par value)
2016-09-30−13,248→ 0 total(indirect: Indirectly held through James G. Saalfield, MD, P.A.) - Disposition to Issuer
Common Stock ($.01 par value)
2016-09-30−121,464→ 0 total(indirect: Indirectly held through UANT Ventures, L.P.) - Disposition to Issuer
Option to purchase
2016-09-30−1,756→ 0 total(indirect: Indirectly held trhoguh UANT Ventures, L.P.)Exercise: $24.84From: 2012-08-31Exp: 2017-08-31→ Common Stock ($0.01 par) (1,756 underlying)
Footnotes (3)
- [F1]Disposed of at the effective time of the merger of Project Z Merger Sub, Inc. ("Merger Sub"), a wholly-owned subsidiary of WellMed Medical Management, Inc., a Texas corporation ("WellMed"), with and into the issuer (the "Merger"), pursuant to that certain Agreement and Plan of Merger dated August 29, 2016, between the Issuer, WellMed and Merger Sub, in exchange for a cash payment of $22.34 per share.
- [F2]Upon its disposition of its shares of the issuer's common stock at the effective time of the Merger, UANT Ventures, L.P. ("Ventures") received a cash payment of $22.34 per share. After paying certain Merger-related costs, each partner of Ventures, including the reporting person, received a distribution equal to $22.22 per share (subject to certain post-closing adjustments) for the shares of the issuer's common stock such person held indirectly through Ventures.
- [F3]The stock option was not exercised but was cancelled as of the effective time of the Merger as the exercise price exceeded $22.34 per share.