Hanley Mark 4
4 · ALLIED HEALTHCARE INTERNATIONAL INC · Filed Oct 24, 2011
Insider Transaction Report
Form 4
Hanley Mark
Director
Transactions
- Other
Stock Option
2011-10-20−60,000→ 0 totalExercise: $2.12Exp: 2019-06-17→ Common Stock (60,000 underlying) - Other
Stock Option
2011-10-20−60,000→ 0 totalExercise: $2.59Exp: 2020-05-20→ Common Stock (60,000 underlying)
Footnotes (2)
- [F1]Pursuant to the Agreement and Plan of Merger, dated as of July 28, 2011 (the "Merger Agreement"), by and among Saga Group Limited, AHL Acquisition Corp. and Allied Healthcare International Inc., at the effective time of the merger contemplated by the Merger Agreement (the "Merger"), the option was cancelled and converted into the right to receive a cash payment equal to the excess of (i) $3.90 over (ii) the per share exercise price of the option, multiplied by the number of shares of common stock subject to the option.
- [F2]To the extent shares subject to the option had not vested at the time of the Merger, they vested on the date of the Merger pursuant to the applicable stock option agreement.