4//SEC Filing
Culverwell Anthony James 4
Accession 0001144204-17-038440
CIK 0001660484other
Filed
Jul 25, 8:00 PM ET
Accepted
Jul 26, 7:00 PM ET
Size
15.6 KB
Accession
0001144204-17-038440
Insider Transaction Report
Form 4
Culverwell Anthony James
Director
Transactions
- Disposition to Issuer
Ordinary Shares, par value $0.01 per share
2017-07-24−291,566→ 0 total - Disposition to Issuer
Stock Option (right to buy)
2017-07-24−14,907→ 0 totalExercise: $8.80Exp: 2026-03-30→ Ordinary Shares, par value $0.01 per share (14,907 underlying) - Disposition to Issuer
Stock Option (right to buy)
2017-07-24−11,659→ 0 totalExercise: $8.80Exp: 2026-03-30→ Ordinary Shares, par value $0.01 per share (11,659 underlying) - Disposition to Issuer
Stock Option (right to buy)
2017-07-24−8,230→ 0 totalExercise: $8.80Exp: 2026-03-30→ Ordinary Shares, par value $0.01 per share (8,230 underlying) - Disposition to Issuer
Warrant
2017-07-24−57,240→ 0 totalExercise: $7.00Exp: 2019-06-15→ Ordinary Shares, par value $0.01 per share (57,240 underlying)
Footnotes (4)
- [F1]Immediately prior to the Effective Time (as defined below), the Reporting Person beneficially owned 291,566 ordinary shares of the Issuer, par value $0.01 per share ("Ordinary Shares").
- [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.
- [F3]Immediately prior to the Effective Time, the Reporting Person beneficially owned unexercised options to purchase 34,796 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.
- [F4]Immediately prior to the Effective Time, the Reporting Person beneficially owned a warrant to purchase up to 57,240 Ordinary Shares (the "Warrant"). Pursuant to the terms of an Irrevocable Undertaking executed by the Reporting Person in connection with the Transaction Agreement, immediately prior to the Effective Time, the Warrant was terminated without any consideration being payable in respect thereof.
Documents
Issuer
Innocoll Holdings plc
CIK 0001660484
Entity typeother
Related Parties
1- filerCIK 0001693548
Filing Metadata
- Form type
- 4
- Filed
- Jul 25, 8:00 PM ET
- Accepted
- Jul 26, 7:00 PM ET
- Size
- 15.6 KB