4//SEC Filing
Minegishi Sachiyo 4
Accession 0001104659-22-124135
CIK 0001722271other
Filed
Dec 1, 7:00 PM ET
Accepted
Dec 2, 4:48 PM ET
Size
6.8 KB
Accession
0001104659-22-124135
Insider Transaction Report
Form 4
Akouos, Inc.AKUS
Minegishi Sachiyo
CHIEF FINANCIAL OFFICER
Transactions
- Disposition to Issuer
Stock Option (right to buy)
2022-12-01−150,000→ 0 totalExercise: $5.89Exp: 2032-02-14→ Common Stock (150,000 underlying)
Footnotes (2)
- [F1]At the effective time of the merger (the "Effective Time"), pursuant to that certain Agreement and Plan of Merger (the "Merger Agreement"), by and among the Issuer, Eli Lilly and Company ("Parent") and Kearny Acquisition Corporation ("Merger Sub"), dated as of October 17, 2022, each outstanding option to purchase shares of common stock, par value $0.0001 per share, of the Issuer ("Shares") having an exercise price less than $12.50 per Share, whether or not vested, was cancelled and converted into the right to receive (x) an amount in cash, without interest and less any applicable tax withholdings, equal to the product of (A) the total number of Shares subject to such option immediately prior to the Effective Time multiplied by [Continued on Note 2]
- [F2][Continuation of Note 1] (B) the excess, if any, of $12.50 per Share over the applicable exercise price per Share under such option and (y) one non-tradable contingent value right ("CVR") for each Share subject to such option immediately prior to the Effective Time (without regard to vesting), which represents the contractual right to receive contingent payments of up to $3.00 per CVR, net to the stockholder in cash, without interest and less any applicable tax withholding, upon the achievement of certain specified milestones in accordance with the terms and subject to the conditions of a Contingent Value Rights Agreement, dated as of November 30, 2022, by and among Parent, Merger Sub, Computershare Inc. and Computershare Trust Company, N.A.
Documents
Issuer
Akouos, Inc.
CIK 0001722271
Entity typeother
Related Parties
1- filerCIK 0001827523
Filing Metadata
- Form type
- 4
- Filed
- Dec 1, 7:00 PM ET
- Accepted
- Dec 2, 4:48 PM ET
- Size
- 6.8 KB