Cathcart Robert O 4
4 · DATASCOPE CORP · Filed Feb 3, 2009
Insider Transaction Report
Form 4
DATASCOPE CORPDSCP
Cathcart Robert O
VP; President, IPD
Transactions
- Disposition to Issuer
Common Stock par value $.01 per share
2009-01-30−942→ 0 total(indirect: By 401(k)) - Disposition to Issuer
Employee Stock Option (right to buy)
2009-01-30$20.15/sh−15,000$302,250→ 0 totalExercise: $32.85Exp: 2011-12-10→ Common Stock (15,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2009-01-30$20.14/sh−9,000$181,260→ 0 totalExercise: $32.86Exp: 2014-05-17→ Common Stock (9,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2009-01-30$14.86/sh−10,000$148,550→ 0 totalExercise: $38.15Exp: 2015-02-14→ Common Stock (10,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2009-01-30$12.92/sh−20,000$258,400→ 0 totalExercise: $40.08Exp: 2014-12-06→ Common Stock (20,000 underlying)
Footnotes (5)
- [F1]These shares were converted into the right to receive $53 per share pursuant to the Agreement and Plan of Merger, dated as of September 15, 2008, by and among Datascope Corp., Getinge AB and DaVinci Merger Sub, Inc. (the "Merger Agreement").
- [F2]This option, which vested with respect to 11,250 shares on 12/11/2002, 2003, 2004 and with respect to 3,750 shares on 5/17/2005, was exercisable prior to the fifth anniversary of the grant date only if the average of the high and low sale prices of the Issuer's Common Stock as quoted on The NASDAQ Stock Market on the trading day immediately preceding the exercise date was equal to or greater than $38.00 and freely exercisable after 12/11/2006. This option was cancelled in exchange for a cash payment of $302,250 representing the difference between the exercise price of the option and the merger consideration ($53 per share) pursuant to the Merger Agreement.
- [F3]This option, which provided for vesting on May 17, 2005, was freely exercisable with respect to 1,500 shares on May 17, 2005 and with respect to 7,500 shares, was exercisable only if the average of the high and low sale prices of the Issuer's Common Stock as quoted on The NASDAQ Stock Market on the trading day immediately preceding the exercise date was equal to or greater than $38.00 and freely exercisable after 5/18/2009. This option was cancelled in exchange for a cash payment of $181,260 representing the difference between the exercise price of the option and the merger consideration ($53 per share) pursuant to the Merger Agreement.
- [F4]This option, which provided for vesting on May 17, 2005, was exercisable prior to the fifth anniversary of the grant date only if the average of the high and low sale prices of the Issuer's Common Stock as quoted on The NASDAQ Stock Market on the trading day immediately preceding the exercise date was equal to or greater than $45.00 and freely exercisable after 12/7/2009. This option was cancelled in exchange for a cash payment of $258,400 representing the difference between the exercise price of the option and the merger consideration ($53 per share) pursuant to the Merger Agreement.
- [F5]This option, which vested on May 17, 2005, was exercisable prior to the fifth anniversary of the grant date only if the average of the high and low sale prices of the Issuer's Common Stock as quoted on The NASDAQ Stock Market on the trading day immediately preceding the exercise date was equal to or greater than $43.00 and freely exercisable after 2/15/2010. This option was cancelled in exchange for a cash payment of $148,550 representing the difference between the exercise price of the option and the merger consideration ($53 per share) pursuant to the Merger Agreement.