PELAK DANIEL A 4
4 · SPECTRANETICS CORP · Filed Aug 11, 2017
Insider Transaction Report
Form 4
PELAK DANIEL A
Director
Transactions
- Disposition to Issuer
SPNC Common Stock
2017-08-09$38.50/sh−83,412$3,211,362→ 0 total
Footnotes (2)
- [F1]Per the terms of the Agreement and Plan of Merger, dated as of June 27, 2017, among the Company, Philips Holding USA Inc., a Delaware corporation, and HealthTech Merger Sub, Inc., a Delaware corporation (the "Merger Agreement") and the Offer (as defined in the Merger Agreement), each share of Company common stock other than the restricted common stock described in Note 2 was validly tendered for $38.50 per share in cash, without interest and less any required withholding taxes.
- [F2]Includes 4,780 shares of restricted common stock that, pursuant to their terms upon consummation of the Merger Agreement, were canceled at the Effective Time (as defined in the Merger Agreement) and converted into the right to receive $38.50 per share in cash, without interest.