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4//SEC Filing

LANDON MARTIN J 4

Accession 0001179110-11-014957

CIK 0000831967other

Filed

Nov 7, 7:00 PM ET

Accepted

Nov 8, 8:45 PM ET

Size

32.9 KB

Accession

0001179110-11-014957

Insider Transaction Report

Form 4
Period: 2011-11-04
LANDON MARTIN J
Exec Vice President and CFO
Transactions
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2011-11-04$8.92/sh15,000$133,8000 total
    Exercise: $59.58From: 2009-04-01Exp: 2015-04-01Common Stock (15,000 underlying)
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2011-11-04$27.33/sh24,380$666,3050 total
    Exercise: $41.17From: 2010-04-01Exp: 2016-04-01Common Stock (24,380 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$24.09/sh15,000$361,3500 total
    Exercise: $44.41From: 2008-04-01Exp: 2014-04-01Common Stock (15,000 underlying)
  • Disposition to Issuer

    Common Stock

    2011-11-04$68.50/sh600$41,1000 total(indirect: By Children)
  • Disposition to Issuer

    Restricted Stock Unit

    2011-11-04$68.50/sh7,500$513,7500 total
    From: 2013-02-23Exp: 2013-02-23Common Stock (7,500 underlying)
  • Disposition to Issuer

    Common Stock

    2011-11-04$68.50/sh96,253$6,593,3310 total
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2011-11-04$43.72/sh21,000$918,1200 total
    Exercise: $24.78From: 2012-02-20Exp: 2019-02-20Common Stock (21,000 underlying)
  • Disposition to Issuer

    Restricted Stock Unit

    2011-11-04$68.50/sh21,775$1,491,5880 total
    From: 2014-02-23Exp: 2014-02-23Common Stock (21,775 underlying)
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2011-11-04$21.86/sh21,775$476,0020 total
    Exercise: $46.64From: 2015-02-23Exp: 2021-02-23Common Stock (21,775 underlying)
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2011-11-04$16.75/sh32,500$544,3750 total
    Exercise: $51.75From: 2012-02-19Exp: 2018-02-19Common Stock (32,500 underlying)
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2011-11-04$43.72/sh63,000$2,754,3600 total
    Exercise: $24.78From: 2013-02-20Exp: 2019-02-20Common Stock (63,000 underlying)
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2011-11-04$27.90/sh38,000$1,060,2000 total
    Exercise: $40.60From: 2014-02-23Exp: 2020-02-23Common Stock (38,000 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 $476,001.50, 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 $361,350, representing the excess of $68.50 per underlying share of common stock over the $44.41 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 $133,800 representing the excess of $68.50 per underlying share of common stock over the $59.58 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 $666,305.40, 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 $544,375, 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 $2,754,360, 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 $918,120, 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 $1,060,200 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 0001279060

Filing Metadata

Form type
4
Filed
Nov 7, 7:00 PM ET
Accepted
Nov 8, 8:45 PM ET
Size
32.9 KB