GARNIER JEAN PIERRE 4
4 · Radius Health, Inc. · Filed Aug 15, 2022
Insider Transaction Report
Form 4
GARNIER JEAN PIERRE
Director
Transactions
- Disposition from Tender
Common Stock
2022-08-15$10.00/sh−26,800$268,000→ 5,500 total - Disposition to Issuer
Common Stock
2022-08-15$10.00/sh−5,500$55,000→ 0 total - Disposition to Issuer
Stock Option (Right to Buy)
2022-08-15$3.60/sh−10,000$36,000→ 0 totalExercise: $6.40Exp: 2032-01-14→ Common Stock (10,000 underlying)
Footnotes (3)
- [F1]Pursuant to the terms of the Merger Agreement and the Tender Offer Statement on Schedule TO filed by Ginger Merger Sub, Inc., these Shares were tendered and disposed of at the Acceptance Time in exchange for the right to receive the consideration per Share of (i) $10.00, payable to the holder thereof of cash, without interest but subject to reduction for any applicable withholding Taxes payable in respect thereof, and (ii) one CVR per share.
- [F2]Pursuant to the Merger Agreement, as of the Effective Time, these shares were converted into the right to receive the consideration per Share of (i) $10.00, payable to the holder thereof of cash, without interest but subject to reduction for any applicable withholding Taxes payable in respect thereof, and (ii) one CVR per share.
- [F3]Pursuant to the Merger Agreement, at the Effective Time, these options automatically vested and were cancelled, by virtue of the Merger and without any action on the part of the Reporting Person, and the Reporting Person was entitled to receive (without interest) (A) an amount in cash (less applicable Tax withholdings) equal to the product of (x) the total number of Shares subject to such option immediately prior to the effective time multiplied by (y) the excess, if any, of the Cash Consideration over the applicable exercise price per Share under such option, and (B) one CVR for each Share subject thereto.