SEPRACOR INC /DE/ 4
4 · SEPRACOR INC /DE/ · Filed Oct 22, 2009
Insider Transaction Report
Form 4
ADAMS ADRIAN
DirectorPresident & CEO
Transactions
- Disposition to Issuer
Sepracor Common Stock
2009-10-20$23.00/sh−241,667$5,558,341→ 0 total - Disposition to Issuer
Sepracor Common Stock Option
2009-10-20−175,000→ 0 totalExercise: $21.26Exp: 2018-05-20→ Sepracor Common Stock (175,000 underlying) - Disposition to Issuer
Sepracor Common Stock Option
2009-10-20−225,000→ 0 totalExercise: $14.40Exp: 2019-05-14→ Sepracor Common Stock (225,000 underlying)
Footnotes (2)
- [F1]Reflects shares of restricted stock that were exchanged for a cash payment of $23.00 per share in connection with the merger (the "Merger") of Aptiom, Inc. with and into Sepracor Inc.
- [F2]This option was cancelled in the Merger in exchange for a cash payment per underlying share equal to the difference between the exercise price and $23.00.