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Tseng Erick 4

Accession 0001096738-13-000011

CIK 0001096738other

Filed

Mar 12, 8:00 PM ET

Accepted

Mar 13, 7:39 PM ET

Size

8.4 KB

Accession

0001096738-13-000011

Insider Transaction Report

Form 4
Period: 2013-03-12
Tseng Erick
Director
Transactions
  • Disposition to Issuer

    Non-Qualified Stock Option (right to buy)

    2013-03-1219,6500 total
    Exercise: $10.81Common Stock (19,650 underlying)
  • Disposition to Issuer

    Non-Qualified Stock Option (right to buy)

    2013-03-1211,7900 total
    Exercise: $8.14Common Stock (11,790 underlying)
Footnotes (3)
  • [F1]The stock options under this award were fully vested prior to the closing of the Merger (as defined below).
  • [F2]Pursuant to the Agreement and Plan of Merger among Epocrates, Inc. (the "Issuer"), athenahealth, Inc., and Echo Merger Sub, Inc., a wholly-owned subsidiary of athenahealth, Inc., dated January 7, 2013 (the "Merger Agreement"), each share of the Issuer's common stock was exchanged for $11.75 in cash, without interest and less any applicable withholding taxes (the "Merger"). In connection with the Merger, the vested and/or exercisable portion of each Issuer stock option held by the Reporting Person was converted into the right to receive an amount in cash equal to the product of the number of shares issuable upon the exercise of such option and $11.75 minus the exercise price of such option. The Reporting Persons options, if any, with an exercise price equal to or above $11.75 were canceled in connection with the Merger.
  • [F3]5,895 of the stock options under this award were vested prior to the closing of the Merger. 5,895 of the stock options under this award accelerated and became fully vested as of the closing of the Merger.

Issuer

EPOCRATES INC

CIK 0001096738

Entity typeother

Related Parties

1
  • filerCIK 0001529262

Filing Metadata

Form type
4
Filed
Mar 12, 8:00 PM ET
Accepted
Mar 13, 7:39 PM ET
Size
8.4 KB