4//SEC Filing
KYPHON INC 4
Accession 0001181431-07-067030
CIK 0001123313operating
Filed
Nov 5, 7:00 PM ET
Accepted
Nov 6, 9:51 PM ET
Size
17.3 KB
Accession
0001181431-07-067030
Insider Transaction Report
Form 4
KYPHON INCKYPH
SHAW DAVID M
VP, Legal Affairs/Gen Counsel
Transactions
- Disposition to Issuer
Employee Stock Option (Right to Buy)
2007-11-02$46.74/sh−50,000$2,337,000→ 0 totalExercise: $24.26Exp: 2014-06-14→ Common Stock (50,000 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2007-11-02$31.73/sh−25,000$793,250→ 0 totalExercise: $39.27Exp: 2016-09-15→ Common Stock (25,000 underlying) - Disposition to Issuer
Common Stock
2007-11-02−11,852→ 0 total - Disposition to Issuer
Employee Stock Option (Right to Buy)
2007-11-02$51.60/sh−197,773$10,205,087→ 0 totalExercise: $19.40Exp: 2013-09-29→ Common Stock (197,773 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2007-11-02$30.33/sh−35,000$1,061,550→ 0 totalExercise: $40.67Exp: 2015-08-01→ Common Stock (35,000 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2007-11-02$33.35/sh−15,000$500,250→ 0 totalExercise: $37.65Exp: 2015-07-21→ Common Stock (15,000 underlying)
Footnotes (6)
- [F1]Includes 1,852 shares that were disposed of pursuant to the merger agreement among Kyphon Inc., Jets Acquisition Corporation and Medtronic, Inc. in exchange for $71.00 per share in cash on the effective date of the merger. Also includes 10,000 Restricted Stock Units, which originally provided for vesting in three equal annual installments beginning on 8/20/08, that were disposed of in connection with the merger in exchange for $71.00 per share in cash on the effective date of the merger.
- [F2]This option, which provided for vesting of 1/4 of total shares on 9/29/04 and 1/36th of the remainder per month thereafter, was cancelled in the merger with Medtronic, Inc. in exchange for a cash payment of $10,205,086.80, representing the difference between the exercise price of the option and the merger consideration.
- [F3]This option, which provided for vesting of 1/48th of shares per month beginning on 7/14/04, was cancelled in the merger with Medtronic, Inc. in exchange for a cash payment of $2,337,000, representing the difference between the exercise price of the option and the merger consideration.
- [F4]This option, which provided for vesting of 1/48th of shares per month beginning on 8/21/05, was cancelled in the merger with Medtronic, Inc. in exchange for a cash payment of $500,250, representing the difference between the exercise price of the option and the merger consideration.
- [F5]This option, which provided for vesting of 1/48th of shares per month beginning on 9/1/05, was cancelled in the merger with Medtronic, Inc. in exchange for a cash payment of $1,061,550, representing the difference between the exercise price of the option and the merger consideration.
- [F6]This option, which provided for vesting of 1/48th of shares per month beginning on 10/15/06, was cancelled in the merger with Medtronic, Inc. in exchange for a cash payment of $793,250, representing the difference between the exercise price of the option and the merger consideration.
Documents
Issuer
KYPHON INC
CIK 0001123313
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001123313
Filing Metadata
- Form type
- 4
- Filed
- Nov 5, 7:00 PM ET
- Accepted
- Nov 6, 9:51 PM ET
- Size
- 17.3 KB