Life Technologies Corp 4
4 · Life Technologies Corp · Filed Jan 22, 2014
Insider Transaction Report
Form 4
RICHARD KELLI
Chief Accounting Officer
Transactions
- Disposition to Issuer
Performance Restricted Stock Units
2014-01-17−3,693→ 0 totalFrom: 2016-03-01Exp: 2016-03-01→ Common Stock (3,693 underlying)
Footnotes (2)
- [F1]On April 14, 2013, Thermo Fisher Scientific Inc., a Delaware corporation ("Thermo Fisher"), entered into that certain merger agreement with the issuer and Polpis Merger Sub Co., a Delaware corporation and wholly owned subsidiary of Thermo Fisher ("Merger Sub"), pursuant to which Merger Sub will merge with and into the issuer (the "Merger"), with the issuer surviving the Merger as a wholly owned subsidiary of Thermo Fisher. At the effective time of the Merger, each outstanding share of the issuer's common stock will be converted into the right to receive $76.00 in cash, plus any additional per share consideration as described in the merger agreement (the "per-share merger consideration"). The Merger is more fully described in the issuer's Proxy Statement filed with the SEC on July 22, 2013.
- [F2]These Performance Stock Units were canceled in connection with the anticipated closing of the Merger for a cash payment equal to the per-share merger consideration.