4//SEC Filing
Graham Michelle 4
Accession 0000899243-17-023608
CIK 0000799729other
Filed
Oct 3, 8:00 PM ET
Accepted
Oct 4, 8:04 PM ET
Size
22.3 KB
Accession
0000899243-17-023608
Insider Transaction Report
Form 4
Graham Michelle
Corporate VP, Chief HR Officer
Transactions
- Disposition from Tender
Stock Options (Right to Buy)
2017-09-29$19.42/sh−10,000$194,200→ 0 totalExercise: $68.68Exp: 2023-12-02→ Common Stock (10,000 underlying) - Disposition to Issuer
Common Stock
2017-09-29−9,941→ 0 total - Disposition from Tender
Restricted Stock Units
2017-09-29$88.10/sh+1,700$149,770→ 1,700 totalExercise: $0.00From: 2017-09-10Exp: 2017-12-31→ Common Stock (1,700 underlying) - Disposition from Tender
Restricted Stock Units
2017-09-29$88.10/sh−3,400$299,540→ 0 totalExercise: $0.00Exp: 2018-12-31→ Common Stock (3,400 underlying) - Disposition from Tender
Stock Options (Right to Buy)
2017-09-29$21.10/sh−5,800$122,380→ 0 totalExercise: $67.00Exp: 2024-09-14→ Common Stock (5,800 underlying) - Disposition from Tender
Stock Options (Right to Buy)
2017-09-29$21.83/sh−10,000$218,300→ 0 totalExercise: $66.27Exp: 2023-03-10→ Common Stock (10,000 underlying) - Disposition from Tender
Restricted Stock Units
2017-09-29$88.10/sh−1,700$149,770→ 0 totalExercise: $0.00From: 2017-09-10Exp: 2017-12-31→ Common Stock (1,700 underlying) - Disposition from Tender
Restricted Stock Units
2017-09-29$88.10/sh+3,400$299,540→ 3,400 totalExercise: $0.00Exp: 2018-12-31→ Common Stock (3,400 underlying)
Footnotes (7)
- [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").
- [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 09/14/2016.
- [F4]Options become exercisable in increments of 25% of the total shares granted, which commenced on the first anniversary of 03/10/2015.
- [F5]Options become exercisable in increments of 25% of the total shares granted, which commenced on the first anniversary of 12/02/2015.
- [F6]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.
- [F7]These restricted stock units were scheduled to vest in full on September 9, 2018.
Documents
Issuer
PAREXEL INTERNATIONAL CORP
CIK 0000799729
Entity typeother
Related Parties
1- filerCIK 0001506315
Filing Metadata
- Form type
- 4
- Filed
- Oct 3, 8:00 PM ET
- Accepted
- Oct 4, 8:04 PM ET
- Size
- 22.3 KB