Gervais Heather 4
4 · EPOCRATES INC · Filed Mar 13, 2013
Insider Transaction Report
Form 4
EPOCRATES INCEPOC
Gervais Heather
SVP, Commercial Operations
Transactions
- Disposition to IssuerSwap
Non-Qualified Stock Option (right to buy)
2013-03-12−11,790→ 0 totalExercise: $13.36→ Common Stock (11,790 underlying) - Disposition to IssuerSwap
Common Stock
2013-03-12−25,322→ 0 total - Disposition to IssuerSwap
Non-Qualified Stock Option (right to buy)
2013-03-12−16,000→ 0 totalExercise: $9.99→ Common Stock (16,000 underlying)
Footnotes (5)
- [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 24,197 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 October 28, 2010 and the remainder of the shares underlying the option vest in equal monthly installments over the remaining 48 months thereafter.
- [F4]The shares subject to the option vest and become exercisable in equal monthly installments over a sixty month period commencing January 20, 2012.
- [F5]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.