4//SEC Filing
Parks Diane L. 4
Accession 0000899243-23-016483
CIK 0000891293other
Filed
Jun 25, 8:00 PM ET
Accepted
Jun 26, 4:05 PM ET
Size
11.2 KB
Accession
0000899243-23-016483
Insider Transaction Report
Form 4
Parks Diane L.
Director
Transactions
- Disposition to Issuer
Stock Option (Right to Buy)
2023-06-26−120,000→ 0 totalExercise: $2.74→ Common Stock (120,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2023-06-26−80,000→ 0 totalExercise: $4.49→ Common Stock (80,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2023-06-26−80,000→ 0 totalExercise: $4.08→ Common Stock (80,000 underlying)
Footnotes (2)
- [F1]Pursuant to the terms of the Agreement and Plan of Merger (the "Merger Agreement"), dated as of May 10, 2023, by and among the Issuer, Swedish Orphan Biovitrum AB (publ) ("Parent"), and Cleopatra Acquisition Corp., an indirect wholly owned subsidiary of Parent ("Purchaser"), pursuant to which Purchaser completed a tender offer for shares of common stock of the Issuer ("Company Common Stock") and thereafter merged with and into the Issuer, effective as of June 26, 2023 (the "Effective Time"), each option to purchase shares of Company Common Stock that was outstanding immediately prior to the Effective Time, whether or not vested, with an exercise price that was less than the Offer Price, terminated and was cancelled immediately prior to the Effective Time and converted into the right to receive a cash payment (without interest, and less any applicable withholding taxes)
- [F2](Continued from Footnote 1) equal to (A) the excess of (x) the Offer Price over (y) the exercise price payable per share of Company Common Stock under such option, multiplied by (B) the total number of shares of Company Common Stock subject to such option.
Documents
Issuer
CTI BIOPHARMA CORP
CIK 0000891293
Entity typeother
Related Parties
1- filerCIK 0001781026
Filing Metadata
- Form type
- 4
- Filed
- Jun 25, 8:00 PM ET
- Accepted
- Jun 26, 4:05 PM ET
- Size
- 11.2 KB