Home/Filings/4/0001179110-11-014953
4//SEC Filing

Seidel Stephen D 4

Accession 0001179110-11-014953

CIK 0000831967other

Filed

Nov 7, 7:00 PM ET

Accepted

Nov 8, 8:43 PM ET

Size

31.3 KB

Accession

0001179110-11-014953

Insider Transaction Report

Form 4
Period: 2011-11-04
Seidel Stephen D
EVP, Chief Admin Officer, GC
Transactions
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2011-11-04$8.92/sh14,500$129,3400 total
    Exercise: $59.58From: 2009-04-01Exp: 2015-04-01Common Stock (14,500 underlying)
  • Disposition to Issuer

    Common Stock

    2011-11-04$68.50/sh20,959$1,435,6920 total
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2011-11-04$17.72/sh12,000$212,6400 total
    Exercise: $50.78From: 2009-10-12Exp: 2015-10-12Common Stock (12,000 underlying)
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2011-11-04$27.33/sh16,455$449,7150 total
    Exercise: $41.17From: 2010-04-01Exp: 2016-04-01Common Stock (16,455 underlying)
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2011-11-04$17.08/sh23,110$394,7190 total
    Exercise: $51.42From: 2011-04-02Exp: 2017-04-02Common Stock (23,110 underlying)
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2011-11-04$43.72/sh42,374$1,852,5910 total
    Exercise: $24.78From: 2013-02-20Exp: 2019-02-20Common Stock (42,374 underlying)
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2011-11-04$43.72/sh15,250$666,7300 total
    Exercise: $24.78From: 2012-02-20Exp: 2019-02-20Common Stock (15,250 underlying)
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2011-11-04$21.86/sh10,375$226,7980 total
    Exercise: $46.64From: 2015-02-23Exp: 2021-02-23Common Stock (10,375 underlying)
  • Disposition to Issuer

    Restricted Stock Unit

    2011-11-04$68.50/sh10,375$710,6880 total
    From: 2014-02-23Exp: 2014-02-23Common Stock (10,375 underlying)
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2011-11-04$27.90/sh26,000$725,4000 total
    Exercise: $40.60From: 2014-02-23Exp: 2020-02-23Common Stock (26,000 underlying)
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2011-11-04$16.75/sh25,000$418,7500 total
    Exercise: $51.75From: 2012-02-19Exp: 2018-02-19Common Stock (25,000 underlying)
  • Disposition to Issuer

    Restricted Stock Unit

    2011-11-04$68.50/sh5,250$359,6250 total
    From: 2013-02-23Exp: 2013-02-23Common Stock (5,250 underlying)
Footnotes (11)
  • [F1]Pursuant to the Agreement and Plan of Merger (the "Agreement") by and among Kinetic Concepts, Inc., Chiron Holdings, Inc. and Chiron Merger Sub, Inc., dated as of July 12, 2011, on the effective date of the merger contemplated by the Agreement (the "Merger"), each of these shares of common stock was automatically converted into the right to receive $68.50.
  • [F10]Pursuant to the terms of the Agreement, on the effective date of the Merger, each of these options became fully vested and was cancelled in exchange for a cash payment of $226,797.50, representing the excess of $68.50 per underlying share of common stock over the $46.64 per share exercise price of the option.
  • [F11]Pursuant to the terms of the Agreement, on the effective date of the Merger, each of these Restricted Stock Unit awards became fully vested as if the applicable target performance goal had been met and was cancelled in exchange for a cash payment of $68.50 per underlying share of common stock.
  • [F2]Pursuant to the terms of the Agreement, on the effective date of the Merger, each of these options was cancelled in exchange for a cash payment of $129,340 representing the excess of $68.50 per underlying share of common stock over the $59.58 per share exercise price of the option.
  • [F3]Pursuant to the terms of the Agreement, on the effective date of the Merger, each of these options was cancelled in exchange for a cash payment of $212,640 representing the excess of $68.50 per underlying share of common stock over the $50.78 per share exercise price of the option.
  • [F4]Pursuant to the terms of the Agreement, on the effective date of the Merger, each of these options was cancelled in exchange for a cash payment of $449,715.15 representing the excess of $68.50 per underlying share of common stock over the $41.17 per share exercise price of the option.
  • [F5]Pursuant to the terms of the Agreement, on the effective date of the Merger, each of these options was cancelled in exchange for a cash payment of $394,718.80, representing the excess of $68.50 per underlying share of common stock over the $51.42 per share exercise price of the option.
  • [F6]Pursuant to the terms of the Agreement, on the effective date of the Merger, each of these options became fully vested and was cancelled in exchange for a cash payment of $418,750 representing the excess of $68.50 per underlying share of common stock over the $51.75 per share exercise price of the option.
  • [F7]Pursuant to the terms of the Agreement, on the effective date of the Merger, each of these options became fully vested and was cancelled in exchange for a cash payment of $1,852,591.28, representing the excess of $68.50 per underlying share of common stock over the $24.78 per share exercise price of the option.
  • [F8]Pursuant to the terms of the Agreement, on the effective date of the Merger, each of these options became fully vested and was cancelled in exchange for a cash payment of $666,730 representing the excess of $68.50 per underlying share of common stock over the $24.78 per share exercise price of the option.
  • [F9]Pursuant to the terms of the Agreement, on the effective date of the Merger, each of these options became fully vested and was cancelled in exchange for a cash payment of $725,400 representing the excess of $68.50 per underlying share of common stock over the $40.60 per share exercise price of the option.

Issuer

KINETIC CONCEPTS INC

CIK 0000831967

Entity typeother

Related Parties

1
  • filerCIK 0001322759

Filing Metadata

Form type
4
Filed
Nov 7, 7:00 PM ET
Accepted
Nov 8, 8:43 PM ET
Size
31.3 KB