4//SEC Filing
SHAPIRO DAVID M MD 4
Accession 0001140361-11-049831
CIK 0001010247other
Filed
Oct 18, 8:00 PM ET
Accepted
Oct 19, 12:56 PM ET
Size
14.2 KB
Accession
0001140361-11-049831
Insider Transaction Report
Form 4
SHAPIRO DAVID M MD
Director
Transactions
- Disposition to Issuer
Common Stock
2011-10-19−1,500→ 0 total - Disposition to Issuer
Common Stock
2011-10-19−21,750→ 0 total(indirect: By Trust) - Disposition to Issuer
Director Stock Option (right to buy)
2011-10-19$32.20/sh−7,500$241,508→ 0 totalExercise: $9.80Exp: 2012-06-05→ Common Stock (7,500 underlying) - Disposition to Issuer
Director Stock Option (right to buy)
2011-10-19$33.87/sh−7,500$254,002→ 0 totalExercise: $8.13Exp: 2013-06-04→ Common Stock (7,500 underlying) - Disposition to Issuer
Director Stock Option (right to buy)
2011-10-19$24.07/sh−7,500$180,503→ 0 totalExercise: $17.93Exp: 2014-06-02→ Common Stock (7,500 underlying)
Footnotes (5)
- [F1]Represents restricted shares issued under the issuer's Director Stock Plan the restrictions on which lapsed immediately prior to the effective time of the Merger pursuant to the Merger Agreement.
- [F2]Pursuant to the Agreement and Plan of Merger between the issuer, The Doctors Company and Fountain Acquisition Corp. (the "Merger Agreement"), these shares were converted into the right to receive $42.00 per share in cash immediately prior to the effective time of the Merger (the "Merger") of Fountain Acquisition Corp. with and into the issuer.
- [F3]Pursuant to the Merger Agreement, this option was cancelled immediately prior to the effective time of the Merger exchange for an amount in cash equal to the product of (i) the number of shares for which this option had been exercisable and (ii) the excess of $42.00 per share over the exercise price of $9.799 per share in cash. The option vested in equal installments on June 5, 2003, 2004 and 2005.
- [F4]Pursuant to the Merger Agreement, this option was cancelled immediately prior to the effective time of the Merger exchange for an amount in cash equal to the product of (i) the number of shares for which this option had been exercisable and (ii) the excess of $42.00 per share over the exercise price of $8.133 per share in cash. The option vested in equal installments on June 4, 2004, 2005 and 2006.
- [F5]Pursuant to the Merger Agreement, this option was cancelled immediately prior to the effective time of the Merger exchange for an amount in cash equal to the product of (i) the number of shares for which this option had been exercisable and (ii) the excess of $42.00 per share over the exercise price of $17.933 per share in cash. The option vested in equal installments on June 2, 2005, 2006 and 2007.
Documents
Issuer
FPIC INSURANCE GROUP INC
CIK 0001010247
Entity typeother
Related Parties
1- filerCIK 0001180825
Filing Metadata
- Form type
- 4
- Filed
- Oct 18, 8:00 PM ET
- Accepted
- Oct 19, 12:56 PM ET
- Size
- 14.2 KB