SIGAL ELLIOT 4
4 · Spark Therapeutics, Inc. · Filed Dec 17, 2019
Insider Transaction Report
Form 4
SIGAL ELLIOT
Director
Transactions
- Disposition from Tender
Common Stock
2019-12-17$114.50/sh−14,214$1,627,503→ 0 total - Disposition to Issuer
Stock Option (Right to Buy)
2019-12-17−25,786→ 0 totalExercise: $3.45Exp: 2024-06-10→ Common Stock (25,786 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2019-12-17−4,000→ 0 totalExercise: $50.93Exp: 2027-05-30→ Common Stock (4,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2019-12-17−17,203→ 0 totalExercise: $3.45Exp: 2024-08-11→ Common Stock (17,203 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2019-12-17−4,000→ 0 totalExercise: $81.53Exp: 2028-05-29→ Common Stock (4,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2019-12-17−6,000→ 0 totalExercise: $56.22Exp: 2026-05-31→ Common Stock (6,000 underlying)
Footnotes (2)
- [F1]Disposed of pursuant to the Agreement and Plan of Merger, dated February 22, 2019, by and between Spark Therapeutics, Inc. ("Spark"), Roche Holdings, Inc. ("Roche") and 022019 Merger Subsidiary, Inc. ("Merger Sub") (the "Merger Agreement" and the transactions contemplated thereby, the "Merger"), whereby Roche caused Merger Sub to conduct a tender offer for all of the issued and outstanding shares of common stock, par value $0.001 per share, of Spark, at a price of $114.50 per share. On December 17, 2019, Merger Sub irrevocably accepted for payment all shares that were validly tendered and not withdrawn.
- [F2]Pursuant to the terms of the Merger Agreement, immediately prior to the effective time of the Merger, each outstanding Spark stock option, whether vested or unvested, was converted into the right to an amount in cash (less applicable tax withholdings) equal to the product of (a) the excess of $114.50 over the per share exercise price of such stock option and (b) the total number of shares of common stock subject to such stock option.