TRANSKARYOTIC THERAPIES INC 4
4 · TRANSKARYOTIC THERAPIES INC · Filed Jul 29, 2005
Insider Transaction Report
Form 4
VILLA KOMAROFF LYDIA
Director
Transactions
- Disposition to Issuer
Stock Option (right to buy)
2005-07-27$22.39/sh−10,000$223,900→ 0 totalExercise: $14.61Exp: 2014-06-22→ Common Stock (10,000 underlying)
Footnotes (2)
- [F1]This option, which was granted on June 22, 2004 and provided for vesting in three approximately equal annual installments beginning on June 22, 2005, was cancelled pursuant to a merger agreement among the Issuer, Shire Pharmaceuticals Group plc and Sparta Acquisition Corporation, dated April 21, 2005, in exchange for a cash payment of $223,900, representing the excess of $37.00 over the per share exercise price of the option multiplied by the number of shares subject to the option, whether vested or unvested.
- [F2]This option, which was granted on November 30, 2003 and provided for vesting in three approximately equal annual installments beginning on November 30, 2004, was cancelled in the merger in exchange for a cash payment of $240,100, representing the excess of $37.00 over the per share exercise price of the option multiplied by the number of shares subject to the option, whether vested or unvested.