4//SEC Filing
ORBITAL SCIENCES CORP /DE/ 4
Accession 0001104659-15-009049
CIK 0000820736operating
Filed
Feb 10, 7:00 PM ET
Accepted
Feb 11, 9:25 PM ET
Size
8.3 KB
Accession
0001104659-15-009049
Insider Transaction Report
Form 4
HANISEE ROBERT M
Director
Transactions
- Disposition to Issuer
Non-Employee Director Stock Option (right to buy)
2015-02-09−5,000→ 0 totalExercise: $12.98From: 2007-01-03Exp: 2016-01-03→ Common Stock (5,000 underlying) - Disposition to Issuer
Common Stock
2015-02-09−61,115→ 0 total
Footnotes (2)
- [F1]Represents 61,115 shares of common disposed of pursuant to the Transaction Agreement among Alliant Techsystems, Inc. (renamed Orbital ATK, Inc.) ("Orbital ATK"), Vista Merger Sub Inc., Vista Outdoor Inc. (formerly known as Vista SpinCo Inc.) and Orbital Sciences Corporation ("Orbital") (the "Transaction Agreement"), pursuant to which each share of Orbital common stock was converted into 0.449 shares of Orbital ATK common stock and cash payable in lieu of fractional shares of Orbital ATK common stock, resulting in 27,440 shares of Orbital ATK common stock at market value of $63.94 per share based on the opening price per share of Orbital ATK common stock on the first day of trading following the Merger (as defined in the Transaction Agreement).
- [F2]Pursuant to the Transaction Agreement, each outstanding Orbital option was converted into an option to purchase a number of shares of Orbital ATK common stock equal to the product of 0.449 multiplied by the number of shares of Orbital common stock that would have been acquired upon the exercise of such option prior to the effective time of the merger, with an exercise price equal to the exercise price for each share of Orbital common stock prior to the effective time divided by 0.449, resulting in options to purchase 2,245 shares of Orbital ATK common stock at an exercise price of $28.91 per share.
Documents
Issuer
ORBITAL SCIENCES CORP /DE/
CIK 0000820736
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000820736
Filing Metadata
- Form type
- 4
- Filed
- Feb 10, 7:00 PM ET
- Accepted
- Feb 11, 9:25 PM ET
- Size
- 8.3 KB