4//SEC Filing
Anacor Pharmaceuticals, Inc. 4
Accession 0000950103-16-014342
CIK 0001411158operating
Filed
Jun 23, 8:00 PM ET
Accepted
Jun 24, 3:36 PM ET
Size
20.0 KB
Accession
0000950103-16-014342
Insider Transaction Report
Form 4
Hove Anders D
Director10% Owner
Transactions
- Disposition to Issuer
Common Stock
2016-06-24$99.25/sh−33,886$3,363,186→ 0 total - Disposition to Issuer
Stock Option (right to buy)
2016-06-24−30,000→ 0 totalExercise: $6.92→ Common Stock (30,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2016-06-24−12,500→ 0 totalExercise: $5.20→ Common Stock (12,500 underlying) - Disposition to Issuer
Stock Option (right to buy)
2016-06-24−15,000→ 0 totalExercise: $6.74→ Common Stock (15,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2016-06-24−15,000→ 0 totalExercise: $14.22→ Common Stock (15,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2016-06-24−4,096→ 0 totalExercise: $69.40→ Common Stock (4,096 underlying) - Disposition to Issuer
Stock Option (right to buy)
2016-06-24−15,000→ 0 totalExercise: $5.11→ Common Stock (15,000 underlying)
Footnotes (3)
- [F1]As of the effective time of the transactions contemplated by the Agreement and Plan of Merger, dated as of May 14, 2016 (the "Merger Agreement"), by and among the Issuer, Pfizer Inc., a Delaware corporation ("Parent"), and Quattro Merger Sub Inc., a Delaware corporation and wholly owned subsidiary of Parent, pursuant to the terms of the Merger Agreement, (i) each share of the Issuer's Common Stock held by the reporting person was disposed of in exchange for the merger consideration of $99.25 per share, (ii) each award of restricted stock units and stock options became fully vested and (iii) each award of restricted stock units and stock options was cancelled in exchange for the right to receive a cash payment per share in an amount equal to $99.25 less, in the case of stock options, the applicable exercise price.
- [F2]The reporting person is a member of VR Management, LLC (the "Management Company"). Under an agreement between the reporting person and the Management Company, the reporting person is deemed to hold an aggregate of 794 of the reported securities for the sole benefit of the Management Company (the "Management Company Shares"). The Management Company may be deemed the indirect beneficial owner of the Management Company Shares, and the reporting person may be deemed the indirect beneficial owner of the Management Company Shares through his interest in the Management Company. The reporting person disclaims beneficial ownership of the Management Company Shares except to the extent of his indirect pecuniary interest therein.
- [F3]The reporting person is a member of VR Management, LLC. Under an agreement between the reporting person and the Management Company, the reporting person is deemed to hold the reported option for the sole benefit of the Management Company and must exercise the option solely upon the direction of the Management Company, which is entitled to the shares issued upon exercise. The Management Company may be deemed the indirect beneficial owner of the option, and the reporting person may be deemed the indirect beneficial owner of the option through his interest in the Management Company. The reporting person disclaims beneficial ownership of the option except to the extent of his pecuniary interest therein.
Documents
Issuer
Anacor Pharmaceuticals, Inc.
CIK 0001411158
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001411158
Filing Metadata
- Form type
- 4
- Filed
- Jun 23, 8:00 PM ET
- Accepted
- Jun 24, 3:36 PM ET
- Size
- 20.0 KB