NATROL INC 4
4 · NATROL INC · Filed Jan 2, 2008
Insider Transaction Report
Form 4
NATROL INCNTOL
Simon Ralph
Director
Transactions
- Disposition to Issuer
Stock Option (Right to Buy)
2007-12-28$1.90/sh−158,333$300,833→ 0 totalExercise: $2.50Exp: 2016-04-28→ Common Stock (158,333 underlying)
Footnotes (1)
- [F1]Pursuant to an Agreement and Plan of Merger, dated as of November 18, 2007 (the "Merger Agreement"), by and among the Issuer, Plethico Pharmaceuticals Limited ("Parent"), and Nutra Acquisition Company, Inc. (Merger Sub), immediately prior to the Effective Time (as defined in the Merger Agreement), each outstanding option to purchase shares of common stock of the Issuer, whether or not then vested, was cancelled in exchange for the right to receive an amount in cash in respect thereof equal to the product of (i) the excess, if any, of the Offer Price (i.e., $4.40 per share) over the exercise price thereof (i.e., $2.50 per share) and (ii) the number of shares of common stock of the Issuer subject thereto (158,333), without interest thereon.