4//SEC Filing
QLT INC/BC 4
Accession 0001104659-16-160106
CIK 0000827809operating
Filed
Nov 30, 7:00 PM ET
Accepted
Dec 1, 4:04 PM ET
Size
7.0 KB
Accession
0001104659-16-160106
Insider Transaction Report
Form 4
QLT INC/BCNVLN
Buono Linda
See Remarks
Transactions
- Award
Restricted Stock Units
2016-11-29+4,102→ 4,102 total→ Common Shares (4,102 underlying)
Footnotes (4)
- [F1]Each restricted stock unit represents a contingent right to receive one common share of the Issuer.
- [F2]The restricted stock units will vest and become exercisable as to 33.34% of the units on May 9, 2017, 33.33% of the units on May 9, 2018 and 33.33% of the units on May 9, 2019, subject, with limited exceptions, to the Reporting Person's continued employment with the Issuer or any of its subsidiaries.
- [F3]Pursuant to the Agreement and Plan of Merger, dated as of June 14, 2016, by and among the Issuer, Aegerion Pharmaceuticals, Inc. ("Aegerion") and Isotope Acquisition Corp. ("Isotope"), pursuant to which Isotope was merged with and into Aegerion, effective on November 29, 2016, each restricted stock unit with respect to common stock of Aegerion ("Aegerion RSU") that was outstanding as of immediately prior to the effective time of the merger was exchanged for a restricted stock unit with respect to a number of common shares of the Issuer ("Issuer RSU") equal to the product obtained by multiplying (i) the total number of shares of common stock of Aegerion subject to the Aegerion RSU immediately prior to the effective time of the merger by (ii) the exchange ratio of 1.0256.
- [F4]Each Issuer RSU is subject to the same terms and conditions applicable to the corresponding Aegerion RSU and the agreements evidencing grant of the Aegerion RSUs thereunder, including vesting terms, but excluding any terms that are rendered inoperative solely by reason of the merger.
Documents
Issuer
QLT INC/BC
CIK 0000827809
Entity typeoperating
IncorporatedBritish Columbia, Canada
Related Parties
1- filerCIK 0000827809
Filing Metadata
- Form type
- 4
- Filed
- Nov 30, 7:00 PM ET
- Accepted
- Dec 1, 4:04 PM ET
- Size
- 7.0 KB