TRIPATH IMAGING INC 4
4 · TRIPATH IMAGING INC · Filed Dec 22, 2006
Insider Transaction Report
Form 4
COCHRANE HAYWOOD D JR
Director
Transactions
- Disposition to Issuer
Stock Option (right to buy)
2006-12-20−30,000→ 0 totalExercise: $3.67Exp: 2012-05-23→ Common Stock (30,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2006-12-20−5,001→ 0 totalExercise: $8.64Exp: 2015-05-31→ Common Stock (5,001 underlying) - Disposition to Issuer
Stock Option (right to buy)
2006-12-20−15,000→ 0 totalExercise: $8.64Exp: 2015-05-31→ Common Stock (15,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2006-12-20−4,998→ 0 totalExercise: $9.52Exp: 2015-05-31→ Common Stock (4,998 underlying) - Disposition to Issuer
Common Stock
2006-12-20$9.25/sh−20,000$185,000→ 0 total
Footnotes (3)
- [F1]Disposed of pursuant to an Agreement and Plan of Merger among the issuer, Becton, Dickinson and Company and Timpani Acquisition Corp. in exchange for the right to receive $9.25 per share.
- [F2]Pursuant to the Agreement and Plan of Merger among the issuer, Becton, Dickinson and Company and Timpani Acquisition Corp., these options, whether vested or unvested, were canceled in exchange for a cash payment per share underlying the options equal to the difference between the exercise price and $9.25.
- [F3]Pursuant to the Agreement and Plan of Merger among the issuer, Becton, Dickinson and Company and Timpani Acquisition Corp., these options, whether vested or unvested, were canceled without payment because their exercise price was greater than $9.25.