Budish Adam 4
4 · EPOCRATES INC · Filed Mar 13, 2013
Insider Transaction Report
Form 4
EPOCRATES INCEPOC
Budish Adam
SVP, Sales
Transactions
- Disposition to IssuerSwap
Common Stock
2013-03-12−13,964→ 0 total - Disposition to IssuerSwap
Non-Qualified Stock Option (right to buy)
2013-03-12−15,000→ 0 totalExercise: $8.74→ Common Stock (15,000 underlying)
Footnotes (4)
- [F1]Pursuant to the Agreement and Plan of Merger among Epocrates, Inc. (the "Issuer"), athenahealth, Inc. ("athenahealth"), and Echo Merger Sub, Inc., a wholly-owned subsidiary of athenahealth, 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").
- [F2]Includes 12,839 shares underlying restricted stock units, each of which, pursuant to the Merger Agreement, was assumed by athenahealth and converted into a restricted stock unit for .1239 shares of athenahealth common stock
- [F3]The shares subject to the option vest and become exercisable at a rate of 25% on the first anniversary of December 7, 2011 and the remainder of the shares underlying the option vest in equal monthly installments over the remaining 48 months thereafter.
- [F4]Pursuant to the Merger Agreement each Issuer stock option was assumed by athenahealth and converted into a stock option for .1239 shares of athenahealth common stock.