IDE GEOFFREY 4
4 · MILLIPORE CORP /MA · Filed Jul 16, 2010
Insider Transaction Report
Form 4
IDE GEOFFREY
Vice President, International
Transactions
- Disposition to Issuer
Millipore Common Stock, $1.00 Par Value
2010-07-14$107.00/sh−2,406$257,442→ 0 total - Disposition to Issuer
Employee Stock Options (rights to buy)
2010-07-14$32.37/sh−5,388$174,410→ 0 totalExercise: $74.63Exp: 2017-02-15→ Common Stock (5,388 underlying) - Disposition to Issuer
Employee Stock Options (rights to buy)
2010-07-14$48.54/sh−11,808$573,160→ 0 totalExercise: $58.46Exp: 2019-02-11→ Common Stock (11,808 underlying) - Disposition to Issuer
Restricted Stock Units
2010-07-14$107.00/sh−2,572$275,204→ 0 total→ Common Stock (2,572 underlying) - Disposition to Issuer
Employee Stock Options (rights to buy)
2010-07-14$40.96/sh−3,300$135,168→ 0 totalExercise: $66.04From: 2010-01-03Exp: 2016-01-03→ Common Stock (3,300 underlying) - Disposition to Issuer
Employee Stock Options (rights to buy)
2010-07-14$38.95/sh−9,362$364,650→ 0 totalExercise: $68.05Exp: 2018-02-14→ Common Stock (9,362 underlying)
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").
- [F2]These options, which were fully vested, were canceled in the Share Exchange in exchange for a cash payment of $135,168, 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 15, 2008, were canceled in the Share Exchange in exchange for a cash payment of $174,410, 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 14, 2009, were canceled in the Share Exchange in exchange for a cash payment of $364,650, 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 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 $573,160, representing the difference between the aggregate exercise price of the options and the aggregate Share Exchange Consideration with respect to the underlying Common Stock.
- [F6]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 $275,204, 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.