4//SEC Filing
PER SE TECHNOLOGIES INC 4
Accession 0001129787-07-000013
CIK 0000878556operating
Filed
Jan 29, 7:00 PM ET
Accepted
Jan 30, 5:41 PM ET
Size
24.4 KB
Accession
0001129787-07-000013
Insider Transaction Report
Form 4
ValueAct Capital Management, L.P.
Director10% Owner
Transactions
- Disposition to Issuer
Stock option
2007-01-26$18.74/sh−10,000$187,400→ 0 totalExercise: $9.26Exp: 2013-05-14→ Common Stock (10,000 underlying) - Disposition to Issuer
Common Stock
2007-01-26$28.00/sh−6,021,644$168,606,032→ 0 total(indirect: See Footnote)
VA PARTNERS LLC
Director10% Owner
Transactions
- Disposition to Issuer
Stock option
2007-01-26$18.74/sh−10,000$187,400→ 0 totalExercise: $9.26Exp: 2013-05-14→ Common Stock (10,000 underlying) - Disposition to Issuer
Common Stock
2007-01-26$28.00/sh−6,021,644$168,606,032→ 0 total(indirect: See Footnote)
ValueAct Capital Management, LLC
Director10% Owner
Transactions
- Disposition to Issuer
Stock option
2007-01-26$18.74/sh−10,000$187,400→ 0 totalExercise: $9.26Exp: 2013-05-14→ Common Stock (10,000 underlying) - Disposition to Issuer
Common Stock
2007-01-26$28.00/sh−6,021,644$168,606,032→ 0 total(indirect: See Footnote)
KAMIN PETER H
10% Owner
Transactions
- Disposition to Issuer
Stock option
2007-01-26$18.74/sh−10,000$187,400→ 0 totalExercise: $9.26Exp: 2013-05-14→ Common Stock (10,000 underlying) - Disposition to Issuer
Common Stock
2007-01-26$28.00/sh−6,021,644$168,606,032→ 0 total(indirect: See Footnote)
UBBEN JEFFREY W
Director10% Owner
Transactions
- Disposition to Issuer
Common Stock
2007-01-26$28.00/sh−6,021,644$168,606,032→ 0 total(indirect: See Footnote) - Disposition to Issuer
Stock option
2007-01-26$18.74/sh−10,000$187,400→ 0 totalExercise: $9.26Exp: 2013-05-14→ Common Stock (10,000 underlying)
Footnotes (4)
- [F1]Disposed of pursuant to a merger between the issuer and McKesson Corporation in exchange for $28 cash.
- [F2]The reported stock is owned directly by ValueAct Capital Master Fund, L.P. and may be deemed to be beneficially owned by (i) VA Partners, L.L.C. as General Partner of ValueAct Capital Master Fund, L.P., (ii) ValueAct Capital Management, L.P. as the manager of ValueAct Capital Master Fund, L.P. and (iii) ValueAct Capital Management, LLC as General Partner of ValueAct Capital Management, L.P. Jeffrey W. Ubben is a director of Per-Se Technologies, Inc. and Managing Member of VA Partners, L.L.C. and ValueAct Capital Management, LLC. Peter H. Kamin and George F. Hamel, Jr. are Managing Members of VA Partners, L.L.C. and ValueAct Capital Management, LLC. The reporting persons disclaim beneficial ownership of the reported stock except to the extent of their pecuniary interest therein.
- [F3]Pursuant to a merger between the issuer and McKesson Corporation, each option was cancelled in exchange for cash equal to $28 less the exercise price multiplied by the number of shares subject to each option grant.
- [F4]Under an agreement with ValueAct Capital Master Fund, L.P., Jeffrey W. Ubben is deemed to hold the options for the benefit of ValueAct Capital Master Fund, L.P. and indirectly for (i) VA Partners, L.L.C. as General Partner of ValueAct Capital Master Fund, L.P., (ii) ValueAct Capital Management, L.P. as the manager of ValueAct Capital Master Fund, L.P. and (iii) ValueAct Capital Management, LLC as General Partner of ValueAct Capital Management, L.P. Jeffrey W. Ubben is a director of Per-Se Technologies, Inc. and Managing Member of VA Partners, L.L.C. and ValueAct Capital Management, LLC. Peter H. Kamin and George F. Hamel are Managing Members of VA Partners, L.L.C. and ValueAct Capital Management, LLC. The reporting persons disclaim beneficial ownership of the reported options except to the extent of their pecuniary interest therein.
Documents
Issuer
PER SE TECHNOLOGIES INC
CIK 0000878556
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000878556
Filing Metadata
- Form type
- 4
- Filed
- Jan 29, 7:00 PM ET
- Accepted
- Jan 30, 5:41 PM ET
- Size
- 24.4 KB