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4//SEC Filing

BATT DOUGLAS A 4

Accession 0000899243-17-023602

CIK 0000799729other
View on SEC.govCompany Profile

Filed

Oct 3, 8:00 PM ET

Accepted

Oct 4, 8:01 PM ET

Size

40.7 KB

Accession

0000899243-17-023602

Insider Transaction Report

Form 4
Period: 2017-09-29
PAREXEL INTERNATIONAL CORPPRXL
BATT DOUGLAS A
SVP, General Counsel & Sec.
Transactions
  • Disposition from Tender

    Restricted Stock Units

    2017-09-29$88.10/sh+2,200$193,820→ 2,500 total
    Exercise: $0.00From: 2017-09-10Exp: 2017-12-31→ Common Stock (2,200 underlying)
  • Disposition from Tender

    Restricted Stock Units

    2017-09-29$88.10/sh−2,500$220,250→ 0 total
    Exercise: $0.00From: 2017-09-10Exp: 2017-12-31→ Common Stock (2,500 underlying)
  • Disposition from Tender

    Restricted Stock Units

    2017-09-29$88.10/sh−1,900$167,390→ 0 total
    Exercise: $0.00From: 2017-09-10Exp: 2017-12-31→ Common Stock (1,900 underlying)
  • Disposition from Tender

    Stock Options (Right to Buy)

    2017-09-29$57.46/sh−14,800$850,408→ 0 total
    Exercise: $30.64Exp: 2020-09-19→ Common Stock (14,800 underlying)
  • Disposition from Tender

    Stock Options (Right to Buy)

    2017-09-29$30.17/sh−11,100$334,887→ 0 total
    Exercise: $57.93Exp: 2022-09-10→ Common Stock (11,100 underlying)
  • Disposition from Tender

    Restricted Stock Units

    2017-09-29$88.10/sh+1,497$131,886→ 1,900 total
    Exercise: $0.00Exp: 2017-12-31→ Common Stock (1,497 underlying)
  • Disposition from Tender

    Restricted Stock Units

    2017-09-29$88.10/sh+3,490$307,469→ 3,900 total
    Exercise: $0.00Exp: 2017-12-31→ Common Stock (3,490 underlying)
  • Disposition from Tender

    Restricted Stock Units

    2017-09-29$88.10/sh−1,100$96,910→ 0 total
    Exercise: $0.00From: 2017-09-10Exp: 2017-12-31→ Common Stock (1,100 underlying)
  • Disposition to Issuer

    Common Stock

    2017-09-29−60,430→ 0 total
  • Disposition from Tender

    Stock Options (Right to Buy)

    2017-09-29$21.52/sh−11,400$245,328→ 0 total
    Exercise: $66.58Exp: 2023-09-09→ Common Stock (11,400 underlying)
  • Disposition from Tender

    Stock Options (Right to Buy)

    2017-09-29$67.84/sh−22,600$1,533,184→ 0 total
    Exercise: $20.26Exp: 2019-09-21→ Common Stock (22,600 underlying)
  • Disposition from Tender

    Stock Options (Right to Buy)

    2017-09-29$39.41/sh−9,900$390,159→ 0 total
    Exercise: $48.69Exp: 2021-09-11→ Common Stock (9,900 underlying)
  • Disposition from Tender

    Stock Options (Right to Buy)

    2017-09-29$14.10/sh−6,600$93,060→ 0 total
    Exercise: $67.00Exp: 2024-09-14→ Common Stock (6,600 underlying)
  • Disposition from Tender

    Restricted Stock Units

    2017-09-29$88.10/sh−3,900$343,590→ 0 total
    Exercise: $0.00Exp: 2018-12-31→ Common Stock (3,900 underlying)
  • Disposition from Tender

    Restricted Stock Units

    2017-09-29$88.10/sh+1,100$96,910→ 0 total
    Exercise: $0.00From: 2017-09-10Exp: 2017-12-31→ Common Stock (1,100 underlying)
  • Disposition from Tender

    Stock Options (Right to Buy)

    2017-09-29$66.13/sh−22,200$1,468,086→ 0 total
    Exercise: $21.97Exp: 2018-09-15→ Common Stock (22,200 underlying)
Footnotes (11)
  • [F1]Disposed of pursuant to the Agreement and Plan of Merger by and among PAREXEL International Corporation, West Street Parent, LLC and West Street Merger Sub, Inc., dated June 19, 2017 (the "Merger Agreement"), whereby, at the effective time of the merger contemplated therein (the "Effective Time"), all issued and outstanding shares of the Issuer's common stock were automatically cancelled and converted into the right to receive $88.10 per share in cash without interest (the "Merger Consideration").
  • [F10]Pursuant to the terms of the Merger Agreement, immediately prior to the Effective Time, each Company RSU Award, whether or not vested, was assumed by West Street Parent, LLC or the Company, cancelled and exchanged for the right to receive an amount in cash equal to the product obtained by multiplying (i) the aggregate number of shares of Company Common Stock subject to such award by (ii) the Merger Consideration.
  • [F11]These restricted stock units were to vest in full on September 9, 2018.
  • [F2]Pursuant to the terms of the Agreement and Plan of Merger by and among PAREXEL International Corporation, West Street Parent, LLC and West Street Merger Sub, Inc., dated June 19, 2017, each Company Stock Option, whether or not vested or exercisable, automatically converted into the right to receive an amount in cash equal to the product obtained by multiplying (i) the excess of the Merger Consideration over the per share exercise price of such Company Stock Option, by (ii) the aggregate number of shares of Company Common Stock issuable upon exercise of settlement of such Company Stock Option prior to the Effective Time.
  • [F3]Options become exercisable in increments of 25% of the total shares granted, which commenced on the first anniversary of 09/15/2010.
  • [F4]Options become exercisable in increments of 25% of the total shares granted, which commenced on the first anniversary of 09/09/2015.
  • [F5]Options become exercisable in increments of 25% of the total shares granted, which commenced on the first anniversary of 09/21/2011.
  • [F6]Options become exercisable in increments of 25% of the total shares granted, which commenced on the first anniversary of 09/19/2012.
  • [F7]Options become exercisable in increments of 25% of the total shares granted, which commenced on the first anniversary of 09/11/2013.
  • [F8]Options become exercisable in increments of 25% of the total shares granted, which commenced on the first anniversary of 09/10/2014.
  • [F9]Options become exercisable in increments of 25% of the total shares granted, which commenced on the first anniversary of 09/14/2016.

Documents

1 file

Issuer

PAREXEL INTERNATIONAL CORP

CIK 0000799729

→
Entity typeother

Related Parties

1
  • filerCIK 0001211150

Filing Metadata

Form type
4
Filed
Oct 3, 8:00 PM ET
Accepted
Oct 4, 8:01 PM ET
Size
40.7 KB
View on SEC.gov