Home/Filings/4/0000899243-17-023611
4//SEC Filing

VON RICKENBACH JOSEF H 4

Accession 0000899243-17-023611

CIK 0000799729other

Filed

Oct 3, 8:00 PM ET

Accepted

Oct 4, 8:07 PM ET

Size

38.5 KB

Accession

0000899243-17-023611

Insider Transaction Report

Form 4
Period: 2017-09-29
VON RICKENBACH JOSEF H
DirectorChairman & CEO
Transactions
  • Disposition from Tender

    Stock Options (Right to Buy)

    2017-09-29$30.17/sh93,300$2,814,8610 total
    Exercise: $57.93Exp: 2022-09-10Common Stock (93,300 underlying)
  • Disposition from Tender

    Stock Options (Right to Buy)

    2017-09-29$57.46/sh108,800$6,251,6480 total
    Exercise: $30.64Exp: 2020-09-19Common Stock (108,800 underlying)
  • Disposition from Tender

    Restricted Stock Units

    2017-09-29$88.10/sh9,000$792,9000 total
    Exercise: $0.00From: 2016-09-09Exp: 2017-12-31Common Stock (9,000 underlying)
  • Disposition from Tender

    Stock Options (Right to Buy)

    2017-09-29$39.41/sh73,500$2,896,6350 total
    Exercise: $48.69Exp: 2021-09-11Common Stock (73,500 underlying)
  • Disposition from Tender

    Restricted Stock Units

    2017-09-29$88.10/sh+29,600$2,607,76029,600 total
    Exercise: $0.00From: 2017-09-10Exp: 2017-12-31Common Stock (29,600 underlying)
  • Disposition from Tender

    Restricted Stock Units

    2017-09-29$88.10/sh+11,988$1,056,14314,800 total
    Exercise: $0.00Exp: 2017-12-31Common Stock (11,988 underlying)
  • Disposition from Tender

    Restricted Stock Units

    2017-09-29$88.10/sh+15,960$1,406,07621,015 total
    Exercise: $0.00From: 2016-09-09Exp: 2017-12-31Common Stock (15,960 underlying)
  • Disposition from Tender

    Restricted Stock Units

    2017-09-29$88.10/sh+5,700$502,1709,000 total
    Exercise: $0.00Exp: 2018-12-31Common Stock (5,700 underlying)
  • Disposition from Tender

    Stock Options (Right to Buy)

    2017-09-29$21.52/sh95,000$2,044,4000 total
    Exercise: $66.58Exp: 2023-09-09Common Stock (95,000 underlying)
  • Disposition to Issuer

    Common Stock

    2017-09-29503,3290 total
  • Disposition from Tender

    Stock Options (Right to Buy)

    2017-09-29$21.10/sh50,800$1,071,8800 total
    Exercise: $67.00Exp: 2024-09-14Common Stock (50,800 underlying)
  • Disposition from Tender

    Stock Options (Right to Buy)

    2017-09-29$67.84/sh151,700$10,291,3280 total
    Exercise: $20.26Exp: 2019-09-21Common Stock (151,700 underlying)
  • Disposition from Tender

    Restricted Stock Units

    2017-09-29$88.10/sh29,600$2,607,7600 total
    Exercise: $0.00From: 2017-09-10Exp: 2017-12-31Common Stock (29,600 underlying)
  • Disposition from Tender

    Restricted Stock Units

    2017-09-29$88.10/sh14,800$1,303,8800 total
    Exercise: $0.00Exp: 2018-12-31Common Stock (14,800 underlying)
  • Disposition from Tender

    Restricted Stock Units

    2017-09-29$88.10/sh21,015$1,851,4210 total
    Exercise: $0.00From: 2016-09-09Exp: 2017-12-31Common Stock (21,015 underlying)
Footnotes (12)
  • [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]These restricted stock units were to vest in full on September 9, 2018.
  • [F11]These restricted stock units were to vest in full on 09/14/2019.
  • [F12]These restricted stock units were to vest in full on 09/09/2018.
  • [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 09/14/2016.
  • [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 09/10/2014.
  • [F6]Options become exercisable in increments of 25% of the total shares granted, which commenced on the first anniversary of 09/11/2013.
  • [F7]Options become exercisable in increments of 25% of the total shares granted, which commenced on the first anniversary of 09/19/2012.
  • [F8]Options become exercisable in increments of 25% of the total shares granted, which commenced on the first anniversary of 09/21/2011.
  • [F9]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.

Issuer

PAREXEL INTERNATIONAL CORP

CIK 0000799729

Entity typeother

Related Parties

1
  • filerCIK 0001007706

Filing Metadata

Form type
4
Filed
Oct 3, 8:00 PM ET
Accepted
Oct 4, 8:07 PM ET
Size
38.5 KB