4//SEC Filing
I STAT CORPORATION /DE/ 4
Accession 0001005477-04-000657
CIK 0000882365operating
Filed
Feb 9, 7:00 PM ET
Accepted
Feb 10, 2:52 PM ET
Size
11.8 KB
Accession
0001005477-04-000657
Insider Transaction Report
Form 4
FEINBERG STEPHEN
Other
Transactions
- Disposition from Tender
Series D Convertible Preferred Stock
2004-01-28−30,000→ 0 total(indirect: See footnote number 1)Exp: 2011-12-12→ Common Stock (3,750,000 underlying) - Disposition from Tender
Common Stock, par value $0.15 per share
2004-01-28$15.35/sh−1,919,702$29,467,426→ 0 total(indirect: See footnote number 1) - Disposition from Tender
Common Stock Warrants (right to buy)
2004-01-28−937,500→ 0 total(indirect: See footnote number 1)Exercise: $8.00Exp: 2007-12-12→ Common Stock (937,500 underlying)
Footnotes (6)
- [F1]As a result of the tender of the securities described in Table I and Table II herein pursuant to a cash tender offer by Abbott Laboratories, Stephen Feinberg ceased to own any securities of i-STAT Corporation (the "Company") on January 28, 2004. Prior to the tender offer, Mr. Feinberg possessed sole voting and investment authority over all securities of the Company held by each of Cerberus Partners, L.P., Cerberus Series One Holdings, LLC, Cerberus Series Two Holdings, LLC, Cerberus America Series One Holdings, LLC, Cerberus International, Ltd. and various other private investment funds (collectively, the "Cerberus Entities"). Thus, as of January 28, 2004, Mr. Feinberg is no longer deemed to beneficially own any securities of the Company. Mr. Feinberg's interest in the securities of the Company reported herein was and is limited to the extent of his pecuniary interest, if any, in the Cerberus Entities.
- [F2]Subject to adjustment in certain circumstances.
- [F3]The conversion price per share of the Series D Convertible Preferred Stock is $1,000 per share, plus accrued but unpaid dividends, divided by $8.00.
- [F4]These securities are exercisable immediately.
- [F5]The Series D Convertible Preferred Stock is convertible at the holder's option prior to the mandatory redemption date. The mandatory redemption date is December 12, 2011.
- [F6]The shares of Series D Convertible Preferred Stock, par value $0.10 per share, of the Company (the "Series D Shares"), were sold at a price per Series D Share equal to $15.35 multiplied by the number of shares of Common Stock issuable upon conversion of a Series D Share (including accrued dividends). The warrants were sold at a price of $7.35 per share of Common Stock purchasable pursuant to each such warrant.
Documents
Issuer
I STAT CORPORATION /DE/
CIK 0000882365
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000882365
Filing Metadata
- Form type
- 4
- Filed
- Feb 9, 7:00 PM ET
- Accepted
- Feb 10, 2:52 PM ET
- Size
- 11.8 KB