Saarony Gadi 4

Accession 0000899243-17-023632

CIK 0000799729other

View on SEC.gov Company Profile

Filed

Oct 3, 8:00 PM ET

Accepted

Oct 4, 8:17 PM ET

Size

29.3 KB

Accession

0000899243-17-023632

Insider Transaction Report

Form 4

Period: 2017-09-29

PAREXEL INTERNATIONAL CORPPRXL

Saarony Gadi

Corp. Sr. VP, CRS

Transactions

Disposition to Issuer
Common Stock
2017-09-29−6,078→ 0 total
Disposition from Tender
Stock Options (Right to Buy)
2017-09-29$21.10/sh−6,300$132,930→ 0 total
Exercise: $67.00Exp: 2024-09-14→ Common Stock (6,300 underlying)
Disposition from Tender
Stock Options (Right to Buy)
2017-09-29$30.17/sh−9,300$280,581→ 0 total
Exercise: $57.93Exp: 2022-09-10→ Common Stock (9,300 underlying)
Disposition from Tender
Restricted Stock Units
2017-09-29$88.10/sh−3,700$325,970→ 0 total
Exercise: $0.00From: 2017-09-10Exp: 2017-12-31→ Common Stock (3,700 underlying)
Disposition from Tender
Restricted Stock Units
2017-09-29$88.10/sh−1,900$167,390→ 0 total
Exercise: $0.00Exp: 2018-12-31→ Common Stock (1,900 underlying)
Disposition from Tender
Restricted Stock Units
2017-09-29$88.10/sh−2,400$211,440→ 0 total
Exercise: $0.00From: 2017-09-10Exp: 2017-12-31→ Common Stock (2,400 underlying)
Disposition from Tender
Stock Options (Right to Buy)
2017-09-29$39.41/sh−7,800$307,398→ 0 total
Exercise: $48.69Exp: 2021-09-11→ Common Stock (7,800 underlying)
Disposition from Tender
Restricted Stock Units
2017-09-29+1,539→ 1,900 total
Exercise: $0.00Exp: 2019-12-31→ Common Stock (1,539 underlying)
Disposition from Tender
Restricted Stock Units
2017-09-29$88.10/sh−1,000$88,100→ 0 total
Exercise: $0.00From: 2017-09-10Exp: 2017-12-31→ Common Stock (1,000 underlying)
Disposition from Tender
Stock Options (Right to Buy)
2017-09-29$21.52/sh−10,700$230,264→ 0 total
Exercise: $66.58Exp: 2023-09-09→ Common Stock (10,700 underlying)
Disposition from Tender
Restricted Stock Units
2017-09-29+438→ 1,000 total
Exercise: $0.00Exp: 2018-12-31→ Common Stock (438 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 option was set 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]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.
[F8]These restricted stock units were to vest in full on September 9, 2018.
[F9]This restricted stock option was set to vest in full on 09/14/2018.

Documents

1 file

4
doc4.xmlPrimary
FORM 4 SUBMISSION

Issuer

PAREXEL INTERNATIONAL CORP

CIK 0000799729

→

Entity typeother

Related Parties

filerCIK 0001552687

Filing Metadata

Form type: 4
Filed: Oct 3, 8:00 PM ET
Accepted: Oct 4, 8:17 PM ET
Size: 29.3 KB

View on SEC.gov