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4//SEC Filing

Schuling Douglas A 4

Accession 0001181431-11-016271

CIK 0001138412other

Filed

Mar 6, 7:00 PM ET

Accepted

Mar 7, 9:12 PM ET

Size

7.5 KB

Accession

0001181431-11-016271

Insider Transaction Report

Form 4
Period: 2011-03-07
Schuling Douglas A
Ex VP and CFO
Transactions
  • Disposition to Issuer

    Common Stock

    2011-03-07$25.00/sh6,517$162,92575 total
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2011-03-07$23.76/sh2,211$52,5330 total
    Exercise: $1.24Exp: 2016-07-16Common Stock (2,211 underlying)
Footnotes (3)
  • [F1]Represents unvested RSUs outstanding immediately prior to the closing of the merger of GO Merger Sub, Inc. ("GO") with and into the Issuer on March 7, 2011 (the "Merger") pursuant to the Agreement and Plan of Merger, dated January 24, 2011 among the Issuer, GO and Novartis Finance Corporation (the "Merger Agreement") that were converted into an award of RSUs that is subject to the same terms and conditions as were applicable to the RSUs prior to the Merger, except that, upon the vesting of such awards the reporting person will be issued the number of shares of Novartis AG as traded on the NYSE pursuant to the formula set forth in the Merger Agreement.
  • [F2]Includes 75 shares acquired under the Genoptix employee stock purchase plan on March 4, 2011.
  • [F3]This option, which was fully vested, was terminated in the Merger and exchanged into the right to receive in cash the amount per share by which $25.00 exceeds the exercise price of the option, subject to any applicable tax withholdings.

Issuer

GENOPTIX INC

CIK 0001138412

Entity typeother

Related Parties

1
  • filerCIK 0001414837

Filing Metadata

Form type
4
Filed
Mar 6, 7:00 PM ET
Accepted
Mar 7, 9:12 PM ET
Size
7.5 KB