4//SEC Filing
VITAL SIGNS INC 4
Accession 0000930413-08-006338
CIK 0000865846operating
Filed
Nov 2, 7:00 PM ET
Accepted
Nov 3, 7:46 PM ET
Size
16.8 KB
Accession
0000930413-08-006338
Insider Transaction Report
Form 4
VITAL SIGNS INCVITL
MACCALLUM DAVID H
Director
Transactions
- Disposition to Issuer
Common Stock Options (right to buy)
2008-10-30−9,000→ 0 totalExercise: $39.66Exp: 2015-05-09→ Common Stock (9,000 underlying) - Disposition to Issuer
Common Stock Options (right to buy)
2008-10-30−8,000→ 0 totalExercise: $32.63Exp: 2014-05-04→ Common Stock (8,000 underlying) - Disposition to Issuer
Common Stock Options (right to buy)
2008-10-30−6,000→ 0 totalExercise: $49.98Exp: 2016-07-05→ Common Stock (6,000 underlying) - Disposition to Issuer
Common Stock
2008-10-30$74.50/sh−1,700$126,650→ 0 total
Footnotes (7)
- [F1]Pursuant to the Agreement and Plan of Merger (the "Merger Agreement") dated July 23, 2008 by and among General Electric Company, Tonic Acquisition Corp and Vital Signs, Inc. (the "Company"), at the Effective Time (as defined in the Merger Agreement), each share of the Company's common stock issued and outstanding was automatically converted into the right to receive $74.50 in cash, without interest (the "Merger Consideration").
- [F2]Pursuant to the Merger Agreement, at the Effective Time, each outstanding option to purchase the Company's common stock ("Company Stock Option"), whether or not then vested or exercisable, was cancelled and terminated and converted into the right to receive an amount of cash equal to the excess of the Merger Consideration over the exercise price of such Company Stock Option, multiplied by the number of shares of common stock covered by such Company Stock Option less applicable taxes required to be withheld.
- [F3]50 percent of the options are exercisable immediately and an additional 25 percent of the options are exercisable on each of the first and second anniversary of the grant.
- [F4]These options were reported in the Schedule 14A filed with the Securities and Exchange Commission on April 3, 2006.
- [F5]These options vest in 25 percent installments beginning one year from the date of grant.
- [F6]These options vest in four equal annual installments beginning one year from the date of grant.
- [F7]These options vest in four equal annual installments starting on May 8, 2009.
Documents
Issuer
VITAL SIGNS INC
CIK 0000865846
Entity typeoperating
IncorporatedNJ
Related Parties
1- filerCIK 0000865846
Filing Metadata
- Form type
- 4
- Filed
- Nov 2, 7:00 PM ET
- Accepted
- Nov 3, 7:46 PM ET
- Size
- 16.8 KB