Home/Filings/4/0001181431-10-037759
4//SEC Filing

Bonnevier Bruce J 4

Accession 0001181431-10-037759

CIK 0000066479other

Filed

Jul 15, 8:00 PM ET

Accepted

Jul 16, 4:44 PM ET

Size

19.4 KB

Accession

0001181431-10-037759

Insider Transaction Report

Form 4
Period: 2010-07-14
Bonnevier Bruce J
Vice President
Transactions
  • Disposition to Issuer

    Employee Stock Options (rights to buy)

    2010-07-14$38.95/sh5,349$208,3440 total
    Exercise: $68.05Exp: 2018-02-14Common Stock (5,349 underlying)
  • Disposition to Issuer

    Employee Stock Options (rights to buy)

    2010-07-14$48.54/sh8,223$399,1440 total
    Exercise: $58.46Exp: 2019-02-11Common Stock (8,223 underlying)
  • Disposition to Issuer

    Employee Stock Options (rights to buy)

    2010-07-14$38.38/sh6,853$263,0180 total
    Exercise: $68.62Exp: 2020-02-10Common Stock (6,853 underlying)
  • Disposition to Issuer

    Restricted Stock Units

    2010-07-14$107.00/sh2,939$314,4730 total
    Common Stock (2,939 underlying)
  • Disposition to Issuer

    Phantom Stock

    2010-07-14112.0570 total
    Common Stock (112.057 underlying)
  • Disposition to Issuer

    Employee Stock Options (rights to buy)

    2010-07-14$32.37/sh2,244$72,6380 total
    Exercise: $74.63Exp: 2017-02-15Common Stock (2,244 underlying)
Holdings
  • Millipore Common Stock, $1.00 Par Value

    0
Footnotes (6)
  • [F1]Disposed of pursaunt to Agreement and Plan of Share Exchange, dated February 28, 2010, among Millipore Corporation, Concord Investments Corp. and Merck KGaA. We refer to the transaction pursuant to such agreement as the "Share Exchange." Pursuant to the Share Exchange, each share of Millipore Common Stock ("Common Stock") was exchanged for the right to receive $107.00 in cash, without interest (the "Share Exchange Consideration"). These options, which provided for vesting in four equal installments beginning on February 15, 2011, were canceled in the Share Exchange in exchange for a cash payment of $72,638, representing the difference between the aggregate exercise price of the options and the aggregate Share Exchange Consideration with respect to the underlying Common Stock.
  • [F2]These options, which provided for vesting in four equal installments beginning on February 14, 2009, were canceled in the Share Exchange in exchange for a cash payment of $208,344, representing the difference between the aggregate exercise price of the options and the aggregate Share Exchange Consideration with respect to the underlying Common Stock.
  • [F3]These options, which provided for vesting in four equal installments beginning on February 11, 2010, were canceled in the Share Exchange in exchange for a cash payment of $399,144, representing the difference between the aggregate exercise price of the options and the aggregate Share Exchange Consideration with respect to the underlying Common Stock.
  • [F4]These options, which provided for vesting in four equal installments beginning on February 10, 2011, were canceled in the Share Exchange in exchange for a cash payment of $263,018, representing the difference between the aggregate exercise price of the options and the aggregate Share Exchange Consideration with respect to the underlying Common Stock.
  • [F5]These restricted stock units ("RSUs"), which provided for vesting in full on February 14, 2011, and settlement within 30 days following vesting, were canceled in the Share Exchange in exchange for a cash payment of $303,773, representing the aggregate Share Exchange Consideration with respect to the underlying Common Stock. Each RSU represented an unfunded and unsecured promise, denominated in shares of Common Stock, to deliver Common Stock or cash measured by the value of Common Stock upon settlement.
  • [F6]These stock equivalents, which were payable in cash in accordance with the reporting person's election under Millipore's Supplement Savings and Retirement Plan, were canceled in the Share Exchange and converted into units deemed invested in the fund(s) selected by the reporting person prior to the Share Exchange and in accordance with Millipore's Supplemental Savings and Retirement Plan. Each stock equivalent represented an unfunded and unsecured promise, denominated in shares of Common Stock, to deliver cash measured by the value of Common Stock upon settlement.

Issuer

MILLIPORE CORP /MA

CIK 0000066479

Entity typeother

Related Parties

1
  • filerCIK 0001289672

Filing Metadata

Form type
4
Filed
Jul 15, 8:00 PM ET
Accepted
Jul 16, 4:44 PM ET
Size
19.4 KB