THORATEC CORP 4
4 · THORATEC CORP · Filed Mar 5, 2010
Insider Transaction Report
Form 4
THORATEC CORPTHOR
Cohen Lawrence
Division President
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2010-03-03+13,929→ 13,929 totalExercise: $29.81From: 2011-03-03Exp: 2020-03-03→ Common Stock (13,929 underlying) - Award
Common Stock
2010-03-03+4,643→ 32,329 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2010-03-04−20,000→ 47,387 totalExercise: $12.45From: 2004-10-14Exp: 2014-04-14→ Common Stock (20,000 underlying) - Exercise/Conversion
Common Stock
2010-03-04$12.45/sh+20,000$249,000→ 52,329 total - Sale
Common Stock
2010-03-04$30.50/sh−20,000$610,000→ 32,329 total
Footnotes (5)
- [F1]Options and restricted stock units were granted pursuant to the Company's equity incentive plan with no payments received for either.
- [F2]Represents restricted stock units. Each restricted stock unit represents a right to receive one share of Thoratec Corporation common stock upon vesting. The restricted stock units vest in four equal annual installments commencing one year after the grant date.
- [F3]Options vest in four equal annual installments commencing one year after the grant date.
- [F4]Options exercised and shares of Common Stock sold pursuant to a Sales Plan established by the Reporting Person on August 10, 2009, which Sales Plan is intended to comply with the requirements of Rule 10b5-1(c)(1) under the Securities Exchange Act of 1934, as amended.
- [F5]Options vest in six equal installments commencing 6 months after the grant date.