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4//SEC Filing

NPS PHARMACEUTICALS INC 4

Accession 0001104659-15-013589

CIK 0000890465operating

Filed

Feb 23, 7:00 PM ET

Accepted

Feb 24, 9:17 PM ET

Size

11.1 KB

Accession

0001104659-15-013589

Insider Transaction Report

Form 4
Period: 2015-02-21
Cvijic Christine Mikail
SVP, Legal Affairs & GC
Transactions
  • Disposition to Issuer

    Restricted Stock Units

    2015-02-2110,9050 total
    Common Stock (10,905 underlying)
  • Disposition to Issuer

    Stock Options (right to buy)

    2015-02-2179,4530 total
    Exercise: $23.38Exp: 2024-04-15Common Stock (79,453 underlying)
  • Disposition to Issuer

    Restricted Stock Units

    2015-02-2129,0850 total
    Common Stock (29,085 underlying)
Footnotes (6)
  • [F1]In connection with the merger of Knight Newco 2, Inc. with and into NPS Pharmaceuticals, Inc. (the "Issuer") on February 21, 2015, each outstanding stock option, whether vested or unvested, was cancelled in exchange for a single lump sum cash payment in an amount equal to the product of (1) the number of shares of the Issuer's common stock subject to such stock option and (2) the execess, if any, of $46.00 over the exercise price per share of such stock option.
  • [F2]Each Restricted Stock Unit represents a contingent right to receive one share of the Issuer's common stock.
  • [F3]On February 12, 2015, the Restricted Stock Units were granted with (i) one third vesting on the first anniversary of date of grant, (ii) one third on the second anniversary of date of grant and (iii) one third on the third anniversary of date of grant.
  • [F4]In connection with the merger of Knight Newco 2, Inc. with and into the Issuer on February 21, 2015, each outstanding Restricted Stock Unit was cancelled in exchange for a lump sum cash payment in an amount equal to the product of (1) $46.00 and (2) the number of shares of common stock subject to such Restricted Stock Unit.
  • [F5]On April 15, 2014, the Restricted Stock Units were granted with (i) one third vesting on the first anniversary of date of grant, (ii) one third on the second anniversary of date of grant and (iii) one third on the third anniversary of date of grant.
  • [F6]On April 15, 2014, the stock options were granted with one fourth vesting on the first anniversary of date of grant and 6.25% vesting every three months thereafter.

Documents

1 file

Issuer

NPS PHARMACEUTICALS INC

CIK 0000890465

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0000890465

Filing Metadata

Form type
4
Filed
Feb 23, 7:00 PM ET
Accepted
Feb 24, 9:17 PM ET
Size
11.1 KB