PALADIN GARY E 4
4 · OCULAR SCIENCES INC /DE/ · Filed Jan 7, 2005
Insider Transaction Report
Form 4
PALADIN GARY E
Vice President
Transactions
- Disposition to Issuer
Employee Stock Option (right to buy)
2005-01-06$59.51/sh−13,500$803,385→ 0 totalExercise: $13.00Exp: 2013-02-26→ Common Stock (13,500 underlying) - Disposition to Issuer
Employee stock option (right to buy)
2005-01-06$45.85/sh−17,500$802,375→ 0 totalExercise: $26.66Exp: 2013-03-11→ Common Stock (17,500 underlying)
Footnotes (3)
- [F1]Pursuant to the Merger Agreement, this option, which provided for vesting in four equal annual installments beginning March 11, 2003, was accelerated and canceled in exchange for $180,236.58 and 3,178 shares of Cooper common stock, having a market value of $72.51 per share.
- [F2]Pursuant to the Merger Agreement this option, which provided for vesting in four equal annual installments beginning February 26, 2004, was accelerated and canceled in exchange for $164,997.60 and 2,909 shares of Cooper common stock, having a market value of $72.51 per share.
- [F3]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.