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4//SEC Filing

CLOSURE MEDICAL CORP 4

Accession 0001181431-05-033435

CIK 0001016006operating

Filed

Jun 6, 8:00 PM ET

Accepted

Jun 7, 3:40 PM ET

Size

9.9 KB

Accession

0001181431-05-033435

Insider Transaction Report

Form 4
Period: 2005-06-03
KRATTENMAKER BRUCE J
VP, Regulatory, Clinical, Qual
Transactions
  • Disposition to Issuer

    Common Stock

    2005-06-03$27.00/sh872$23,5440 total
  • Disposition to Issuer

    Employee stock option (right to buy)

    2005-06-03$2.68/sh20,000$53,6000 total
    Exercise: $24.32Exp: 2014-06-24Common Stock (20,000 underlying)
  • Disposition to Issuer

    Employee stock option (right to buy)

    2005-06-03$7.95/sh12,000$95,4000 total
    Exercise: $19.05Exp: 2014-12-20Common Stock (12,000 underlying)
Footnotes (2)
  • [F1]Amount includes shares acquired under the Employee Stock Purchase Plan at various times and disposed of pursuant to the merger agreement between Closure Medical Corporation, Johnson & Johnson and Holden Merger Sub, Inc., a wholly owned subsidiary of Johnson & Johnson, in exchange for a cash payment of $27 per share on the effective date of the merger.
  • [F2]This option, which provided for vesting in four equal installments commencing on the first anniversary of the date of the grant, was canceled in the merger pursuant to the terms of the merger agreement between Closure Medical Corporation, Johnson & Johnson and Holden Merger Sub, Inc., a wholly owned subsidiary of Johnson & Johnson, in exchange for a cash payment equal to the difference between $27 and the exercise price of the option.

Issuer

CLOSURE MEDICAL CORP

CIK 0001016006

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001016006

Filing Metadata

Form type
4
Filed
Jun 6, 8:00 PM ET
Accepted
Jun 7, 3:40 PM ET
Size
9.9 KB