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FOGELMAN MITCHELL K 4

Accession 0001181431-10-051407

CIK 0001409012other

Filed

Oct 18, 8:00 PM ET

Accepted

Oct 19, 5:33 PM ET

Size

8.0 KB

Accession

0001181431-10-051407

Insider Transaction Report

Form 4
Period: 2010-10-15
FOGELMAN MITCHELL K
Acting Chief Financial Officer
Transactions
  • Disposition to Issuer

    Stock Option (Right to buy)

    2010-10-15$33.21/sh13,000$431,7300 total
    Exercise: $39.93Exp: 2015-03-15Common Stock (13,000 underlying)
  • Disposition to Issuer

    Common Stock

    2010-10-157,0000 total
Footnotes (2)
  • [F1]Shares, subject to Restricted Stock Units disposed of pursuant to the Agreement and Plan of Merger, dated as of June 30, 2010, among Celgene Corporation ("Celgene"), Artistry Acquisition Corp. ("Merger Sub") and Abraxis BioScience, Inc. ("Abraxis"), whereby Merger Sub merged into Abraxis, with Abraxis continuing as the surviving company and a wholly owned subsidiary of Celgene (the "Merger"), in exchange for (i) an amount in cash equal to $73.14 and (ii) a contingent value right issued by Celgene.
  • [F2]Pursuant to the Merger, this option, which was granted on March 15, 2010 and vests in four equal annual installments beginning on January 1, 2010, was cancelled in exchange for (i) a cash payment of $431,730.00, which represents the excess of $73.14 per share over the exercise price per share of this option and (ii) a contingent value right issued by Celgene.

Issuer

Abraxis BioScience, Inc.

CIK 0001409012

Entity typeother

Related Parties

1
  • filerCIK 0001130297

Filing Metadata

Form type
4
Filed
Oct 18, 8:00 PM ET
Accepted
Oct 19, 5:33 PM ET
Size
8.0 KB