4//SEC Filing
Timney Mark 4
Accession 0000950142-19-002602
CIK 0001113481other
Filed
Dec 30, 7:00 PM ET
Accepted
Dec 31, 7:55 PM ET
Size
9.8 KB
Accession
0000950142-19-002602
Insider Transaction Report
Form 4
MEDICINES CO /DEMDCO
Timney Mark
DirectorChief Executive Officer
Transactions
- Exercise/Conversion
Common Stock
2019-12-27$84.78/sh+405,000$34,335,900→ 435,280 total - Exercise/Conversion
Stock Option
2019-12-27−405,000→ 45,000 totalExercise: $20.79Exp: 2028-12-09→ Common Stock (405,000 underlying) - Tax Payment
Common Stock
2019-12-27$84.78/sh−249,865$21,183,555→ 185,415 total
Footnotes (3)
- [F1]Shares of common stock (the "Shares") acquired upon the exercise of options ("Options"). While the Reporting Person has not entered into any agreement requiring that the Reporting Person tender the Shares, the Reporting Person intends to tender or cause to be tendered the acquired Shares pursuant to the tender offer by Medusa Merger Corporation, a Delaware corporation and an indirect wholly owned subsidiary of Novartis AG, to purchase, subject to certain conditions, any and all of the outstanding Shares at a price of $85.00 per Share, net to the seller in cash, without interest thereon and subject to any tax withholding, upon the terms and subject to the conditions set forth in the Offer to Purchase, dated December 5, 2019.
- [F2]Represents shares of common stock withheld for payment of the exercise price and taxes incurred in connection with the exercise of stock options in respect of 405,000 shares. No shares were sold on the market and no cash was received.
- [F3]The option, representing a right to purchase a total of 450,000 Shares, became exercisable as to 25% on December 10, 2019, and the remaining become exercisable in 26 equal monthly installments commencing one month thereafter. On December 27, 2019, the Registrant approved a partial acceleration of the vesting of 292,500 Shares subject to the Option.
Documents
Issuer
MEDICINES CO /DE
CIK 0001113481
Entity typeother
Related Parties
1- filerCIK 0001761799
Filing Metadata
- Form type
- 4
- Filed
- Dec 30, 7:00 PM ET
- Accepted
- Dec 31, 7:55 PM ET
- Size
- 9.8 KB