4//SEC Filing
NANOSPHERE INC 4
Accession 0001105184-16-000112
CIK 0001105184operating
Filed
Jun 30, 8:00 PM ET
Accepted
Jul 1, 4:46 PM ET
Size
7.3 KB
Accession
0001105184-16-000112
Insider Transaction Report
Form 4
NANOSPHERE INCNSPH
Bahk Kenneth D
Chief Strategy Officer
Transactions
- Disposition to Issuer
Stock Option (Right to Buy)
2016-06-30$0.02/sh−50,000$1,000→ 0 totalExercise: $1.68From: 2016-01-01Exp: 2025-09-30→ Common Stock (50,000 underlying) - Disposition to Issuer
Common Stock
2016-06-30$1.70/sh−85,000$144,500→ 0 total
Footnotes (2)
- [F1]The shares were disposed of pursuant to a merger agreement between Nanosphere, Inc. (the "Company"), Commodore Acquisition, Inc. and Luminex Corporation for a purchase price of $1.70 per share in cash (the "Merger"). The Merger was completed on June 30, 2016.
- [F2]This option, which provided for vesting in twelve, equal quarterly installments beginning January 1, 2016, was canceled in the Merger for a cash payment of $1000 (prior to withholding of applicable taxes), representing the difference between the exercise price of the option and the market value of the underlying shares of the Company's common stock on the effective date of the Merger equal to the per share purchase price in the Merger.
Documents
Issuer
NANOSPHERE INC
CIK 0001105184
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001105184
Filing Metadata
- Form type
- 4
- Filed
- Jun 30, 8:00 PM ET
- Accepted
- Jul 1, 4:46 PM ET
- Size
- 7.3 KB