4//SEC Filing
Fante Rich 4
Accession 0001144204-17-038439
CIK 0001660484other
Filed
Jul 25, 8:00 PM ET
Accepted
Jul 26, 7:00 PM ET
Size
11.2 KB
Accession
0001144204-17-038439
Insider Transaction Report
Form 4
Fante Rich
Chief Commercial Officer
Transactions
- Disposition to Issuer
Stock Option (right to buy)
2017-07-24−265,000→ 0 totalExercise: $13.16Exp: 2025-08-20→ Ordinary Shares, par value $0.01 per share (265,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2017-07-24−145,750→ 0 totalExercise: $8.80Exp: 2026-03-30→ Ordinary Shares, par value $0.01 per share (145,750 underlying) - Disposition to Issuer
Ordinary Shares, par value $0.01 per share
2017-07-24−202,630→ 0 total
Footnotes (4)
- [F1]Immediately prior to the Effective Time (as defined below), the Reporting Person beneficially owned (i) 16,630 ordinary shares of the Issuer, par value $0.01 per share ("Ordinary Shares") , and (ii) 186,000 restricted stock units ("RSUs") issued under the Issuer's 2016 Omnibus Incentive Compensation Plan (the "Plan").
- [F2]Pursuant to the terms of the Transaction Agreement by and among the Issuer, Gurnet Point L.P., a Delaware limited partnership acting through its general partner Waypoint International GP LLC ("Gurnet Point"), and Lough Ree Technologies Limited, an Irish private limited company and wholly-owned subsidiary of Gurnet Point (the "Transaction Agreement"), each Ordinary Share that was beneficially owned by the Reporting Person immediately prior to the effective time of the scheme (the "Effective Time") now represents the right to receive (i) $1.75 in cash and (ii) a contingent value right which represents a contractual right to receive payments up to a maximum aggregate amount of $4.90 in cash upon, and subject to, the occurrence of certain events, without interest and net of applicable tax withholdings (the "Consideration").
- [F3]Pursuant to the terms of the Transaction Agreement, each RSU that was beneficially owned by the Reporting Person immediately prior to the Effective Time, was cancelled and now represents the right to receive the Consideration.
- [F4]Immediately prior to the Effective Time, the Reporting Person beneficially owned unexercised options to purchase 410,750 Ordinary Shares (the "Options"). Pursuant to the terms of the Transaction Agreement, immediately prior to the Effective Time, the Options were cancelled without any consideration being payable in respect thereof.
Documents
Issuer
Innocoll Holdings plc
CIK 0001660484
Entity typeother
Related Parties
1- filerCIK 0001693546
Filing Metadata
- Form type
- 4
- Filed
- Jul 25, 8:00 PM ET
- Accepted
- Jul 26, 7:00 PM ET
- Size
- 11.2 KB