SANKARAN DAVID M 4
4 · OCULAR SCIENCES INC /DE/ · Filed Jan 7, 2005
Insider Transaction Report
Form 4
SANKARAN DAVID M
Controller
Transactions
- Disposition to Issuer
Employee stock option (right to buy)
2005-01-06$26.66/sh−50,000$1,333,000→ 0 totalExercise: $28.91Exp: 2014-03-29→ Common Stock (50,000 underlying)
Footnotes (2)
- [F1]Pursuant to the Merger Agreement, this option, which provided for vesting in four equal annual installments beginning March 29, 2005, was accelerated and canceled in exchange for $465,586.70 and 8,209 shares of Cooper common stock, having a market value of $72.51 per share.
- [F2]This combination of cash and Cooper common stock represents the per share value of the merger consideration ($72.51 per share) minus the execise price of the option, multiplied by the number of shares of issuer common stock subject to such option.