4//SEC Filing
Sheldrick Robin Cashen 4
Accession 0001116502-09-000445
CIK 0001089542other
Filed
Mar 23, 8:00 PM ET
Accepted
Mar 24, 5:08 PM ET
Size
14.3 KB
Accession
0001116502-09-000445
Insider Transaction Report
Form 4
Sheldrick Robin Cashen
Senior VP, Human Resources
Transactions
- Disposition to Issuer
OPTIONS TO PURCHASE COMMON STOCK, PAR VALUE $.001
2009-03-20−1,254→ 0 totalExercise: $29.47→ COMMON STOCK, PAR VALUE $.001 (1,254 underlying) - Disposition to Issuer
OPTIONS TO PURCHASE COMMON STOCK, PAR VALUE $.001
2009-03-20−2,626→ 0 totalExercise: $40.39→ COMMON STOCK, PAR VALUE $.001 (2,626 underlying) - Disposition from Tender
Common Stock, Par Value $.001
2009-03-20$5.00/sh+16,612$83,060→ 0 total - Disposition to Issuer
OPTIONS TO PURCHASE COMMON STOCK, PAR VALUE $.001
2009-03-20−3,571→ 0 totalExercise: $13.86→ COMMON STOCK, PAR VALUE $.001 (3,571 underlying) - Disposition to Issuer
OPTIONS TO PURCHASE COMMON STOCK, PAR VALUE $.001
2009-03-20−1,218→ 0 totalExercise: $26.91→ COMMON STOCK, PAR VALUE $.001 (1,218 underlying)
Footnotes (2)
- [F1]Of such amount, 4,300 shares automatically vested and were paid for in connection with the change in control which occurred upon the acceptance of shares pursuant to the tender offer (the "Offer") which was launched in connection with the Agreement and Plan of Merger dated February 3, 2009 by and among JLL PharmaNet Holdings, LLC ("Parent"), PDGI Acquisition Corp. ("Purchaser") and PharmaNet ("PharmaNet"). On March 20, 2009, all shares which were tendered by the filing person in connection with the Offer, were accepted by the Purchaser. Any shares which were not tendered by the filing person will be cashed out at the closing of the Merger.
- [F2]Such options were canceled in connection with the Merger in exchange for the right to receive the difference between the merger consideration of $5.00 per share and the options exercise price.
Documents
Issuer
PharmaNet Development Group Inc
CIK 0001089542
Entity typeother
Related Parties
1- filerCIK 0001425730
Filing Metadata
- Form type
- 4
- Filed
- Mar 23, 8:00 PM ET
- Accepted
- Mar 24, 5:08 PM ET
- Size
- 14.3 KB