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4//SEC Filing

LIPOSCIENCE INC 4

Accession 0001127602-14-033301

CIK 0001168197operating

Filed

Nov 23, 7:00 PM ET

Accepted

Nov 24, 3:12 PM ET

Size

17.6 KB

Accession

0001127602-14-033301

Insider Transaction Report

Form 4
Period: 2014-11-20
McDonald E. Duffy
Vice President, HR
Transactions
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2014-11-20$2.75/sh2,546$7,0020 total
    Exercise: $2.50Exp: 2015-05-05Common Stock (2,546 underlying)
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2014-11-20$1.37/sh16,262$22,2790 total
    Exercise: $3.88Exp: 2017-02-15Common Stock (16,262 underlying)
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2014-11-20$2.75/sh18,915$52,0160 total
    Exercise: $2.50Exp: 2019-02-06Common Stock (18,915 underlying)
  • Disposition to Issuer

    Common Stock

    2014-11-20$5.25/sh23,765$124,7660 total
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2014-11-20$2.75/sh10,185$28,0090 total
    Exercise: $2.50Exp: 2015-11-25Common Stock (10,185 underlying)
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2014-11-20$2.79/sh5,575$15,5540 total
    Exercise: $2.46Exp: 2018-04-29Common Stock (5,575 underlying)
Footnotes (11)
  • [F1]Disposed of pursuant to the Merger Agreement and represents shares of the Issuer's common stock underlying restricted stock unit awards.
  • [F10]The option was fully vested upon issuance on February 6, 2009.
  • [F11]Pursuant to the Merger Agreement, the option was cancelled in exchange for a cash payment of $52,114.61, which represents the difference between the merger consideration of $5.25 per share and the exercise price of the option per share.
  • [F2]Approximately 40% of the shares underlying this option were vested upon issuance on May 5, 2005, with the remainder vesting in 29 equal monthly installments thereafter.
  • [F3]Pursuant to the Merger Agreement, the option was cancelled in exchange for a cash payment of $7,014.74, which represents the difference between the merger consideration of $5.25 per share and the exercise price of the option per share.
  • [F4]The option vested over a period of four years, with 25% of the shares underlying the option vesting on November 25, 2006, the first anniversary of the grant date, and the remainder vesting in 36 equal monthly installments thereafter.
  • [F5]Pursuant to the Merger Agreement, the option was cancelled in exchange for a cash payment of $28,061.71, which represents the difference between the merger consideration of $5.25 per share and the exercise price of the option per share.
  • [F6]The option was fully vested upon issuance on February 15, 2007.
  • [F7]Pursuant to the Merger Agreement, the option was cancelled in exchange for a cash payment of $22,339.11, which represents the difference between the merger consideration of $5.25 per share and the exercise price of the option per share.
  • [F8]The option was fully vested upon issuance on April 29, 2008.
  • [F9]Pursuant to the Merger Agreement, the option was cancelled in exchange for a cash payment of $15,589.93, which represents the difference between the merger consideration of $5.25 per share and the exercise price of the option per share.

Issuer

LIPOSCIENCE INC

CIK 0001168197

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001168197

Filing Metadata

Form type
4
Filed
Nov 23, 7:00 PM ET
Accepted
Nov 24, 3:12 PM ET
Size
17.6 KB