Home/Filings/4/0000899243-17-023619
4//SEC Filing

Godwin David J 4

Accession 0000899243-17-023619

CIK 0000799729other

Filed

Oct 3, 8:00 PM ET

Accepted

Oct 4, 8:11 PM ET

Size

27.3 KB

Accession

0000899243-17-023619

Insider Transaction Report

Form 4
Period: 2017-09-29
Godwin David J
SVP, Global Business Dev.
Transactions
  • Disposition to Issuer

    Common Stock

    2017-09-299,1720 total
  • Disposition from Tender

    Restricted Stock Units

    2017-09-29$88.10/sh1,500$132,1500 total
    Exercise: $0.00Exp: 2024-09-14Common Stock (1,500 underlying)
  • Disposition from Tender

    Stock Options (Right to Buy)

    2017-09-29$21.52/sh8,400$180,7680 total
    Exercise: $66.58Exp: 2023-09-09Common Stock (8,400 underlying)
  • Disposition from Tender

    Stock Options (Right to Buy)

    2017-09-29$57.46/sh3,350$192,4910 total
    Exercise: $30.64Exp: 2020-09-19Common Stock (3,350 underlying)
  • Disposition from Tender

    Stock Options (Right to Buy)

    2017-09-29$30.17/sh7,900$238,3430 total
    Exercise: $57.93Exp: 2022-09-10Common Stock (7,900 underlying)
  • Disposition from Tender

    Restricted Stock Units

    2017-09-29+1,2151,500 total
    Exercise: $0.00From: 2016-09-04Exp: 2017-12-31Common Stock (1,215 underlying)
  • Disposition from Tender

    Restricted Stock Units

    2017-09-29$88.10/sh2,000$176,2000 total
    Exercise: $0.00Exp: 2024-09-14Common Stock (2,000 underlying)
  • Disposition from Tender

    Stock Options (Right to Buy)

    2017-09-29$67.84/sh4,350$295,1040 total
    Exercise: $20.26Exp: 2019-09-21Common Stock (4,350 underlying)
  • Disposition from Tender

    Stock Options (Right to Buy)

    2017-09-29$39.41/sh5,100$200,9910 total
    Exercise: $48.69Exp: 2021-09-11Common Stock (5,100 underlying)
  • Disposition from Tender

    Stock Options (Right to Buy)

    2017-09-29$21.10/sh5,100$107,6100 total
    Exercise: $67.00Exp: 2024-09-14Common Stock (5,100 underlying)
Footnotes (10)
  • [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]This restricted stock unit was set to vest in full on 09/14/2019.
  • [F2]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.
  • [F3]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.
  • [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 09/21/2015.
  • [F6]Options become exercisable in increments of 25% of the total shares granted, which commenced on the first anniversary of 09/19/2016.
  • [F7]Options become exercisable in increments of 25% of the total shares granted, which commenced on the first anniversary of 09/11/2017.
  • [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.

Issuer

PAREXEL INTERNATIONAL CORP

CIK 0000799729

Entity typeother

Related Parties

1
  • filerCIK 0001680651

Filing Metadata

Form type
4
Filed
Oct 3, 8:00 PM ET
Accepted
Oct 4, 8:11 PM ET
Size
27.3 KB