UNITED SURGICAL PARTNERS INTERNATIONAL INC 4
4 · UNITED SURGICAL PARTNERS INTERNATIONAL INC · Filed Apr 23, 2007
Insider Transaction Report
Form 4
POWELL BOONE JR
Director
Transactions
- Disposition to Issuer
Option (right to buy)
2007-04-19−3,750→ 0 totalExercise: $25.31Exp: 2009-02-18→ Common Stock (3,750 underlying) - Disposition to Issuer
Common Stock
2007-04-19$31.05/sh−5,750$178,538→ 0 total - Disposition to Issuer
Option (right to buy)
2007-04-19−7,500→ 0 totalExercise: $17.19Exp: 2012-07-03→ Common Stock (7,500 underlying) - Disposition to Issuer
Option (right to buy)
2007-04-19−4,500→ 0 totalExercise: $30.41Exp: 2010-04-01→ Common Stock (4,500 underlying) - Disposition to Issuer
Option (right to buy)
2007-04-19−9,624→ 0 totalExercise: $13.77Exp: 2011-08-06→ Common Stock (9,624 underlying)
Footnotes (3)
- [F1]Disposed of in connection with the merger of the Issuer with UNCN Acquisition Corp., effective April 19, 2007 (the "Merger"), pursuant to the Merger Agreement dated January 7, 2007 among UNCN Holdings, Inc., UNCN Acquisition Corp. and the Issuer. In connection with the Merger, outstanding shares of the Issuer were exchanged for the right to receive $31.05 per share.
- [F2]This option was cancelled in the Merger in exchange for a cash payment equal to (1) the excess, if any, between the Merger consideration of $31.05 over the exercise price of the option, multiplied by (2) the number of shares of common stock subject to the option.
- [F3]Immediately before the effective time of the Merger, all unvested options became fully vested and immediately exercisable.