THORATEC CORP 4
4 · THORATEC CORP · Filed Jun 11, 2010
Insider Transaction Report
Form 4
THORATEC CORPTHOR
Cohen Lawrence
Division President
Transactions
- Sale
Common Stock
2010-06-10$43.49/sh−25,000$1,087,328→ 32,329 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2010-06-10−25,000→ 2,387 totalExercise: $12.45From: 2004-10-14Exp: 2014-04-14→ Common Stock (25,000 underlying) - Exercise/Conversion
Common Stock
2010-06-10$12.45/sh+25,000$311,250→ 57,329 total
Footnotes (4)
- [F1]Options and restricted stock units were granted pursuant to the Company's equity incentive plan with no payments received for either.
- [F2]Shares vest in six equal installments commencing six months after the grant date.
- [F3]This transaction was executed in multiple trades in prices ranging from $43.20 to $43.76. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer, or a stockholder of the Issuer, information regarding the number of shares and prices at which the transaction was effected.
- [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.