PERSENAIRE MAARTEN 4

4 · ORTHOVITA INC · Filed Jun 28, 2011

Form 4

Period: 2011-06-24

Chief Medical Officer

Transactions

Disposition to Issuer
COMMON STOCK OPTIONS
2011-06-27−100,000→ 0 total
Exercise: $3.12Exp: 2013-12-22→ COMMON STOCK (100,000 underlying)
Disposition to Issuer
COMMON STOCK OPTIONS
2011-06-27−50,000→ 0 total
Exercise: $2.77Exp: 2019-03-03→ COMMON STOCK (50,000 underlying)
Disposition to Issuer
COMMON STOCK OPTIONS
2011-06-27−30,000→ 0 total
Exercise: $2.80Exp: 2012-12-18→ COMMON STOCK (30,000 underlying)
Disposition to Issuer
COMMON STOCK OPTIONS
2011-06-27−28,543→ 0 total
Exercise: $3.69From: 2008-12-23Exp: 2015-12-23→ COMMON STOCK (28,543 underlying)
Disposition from Tender
COMMON STOCK
2011-06-24$3.85/sh−93,462$359,829→ 0 total
Disposition to Issuer
COMMON STOCK OPTIONS
2011-06-27−18,000→ 0 total
Exercise: $3.00Exp: 2012-01-24→ COMMON STOCK (18,000 underlying)
Disposition to Issuer
COMMON STOCK OPTIONS
2011-06-27−105,200→ 0 total
Exercise: $2.40Exp: 2021-03-03→ COMMON STOCK (105,200 underlying)
Disposition to Issuer
COMMON STOCK OPTIONS
2011-06-27−95,000→ 0 total
Exercise: $2.87Exp: 2018-02-28→ COMMON STOCK (95,000 underlying)
Disposition to Issuer
COMMON STOCK OPTIONS
2011-06-27−105,200→ 0 total
Exercise: $2.40Exp: 2021-03-03→ COMMON STOCK (105,200 underlying)

Footnotes (3)

[F1]This option, which provided for vesting in four equal annual installments beginning one year from the grant date, was canceled pursuant to that certain Agreement and Plan of Merger among the issuer, Stryker Corporation and Owl Acquisition Corporation ("Agreement") in exchange for the difference between the per share exercise price and $3.85 for each option share.
[F2]This option was canceled pursuant to the Agreement in exchange for the difference between the per share exercise price and $3.85 for each option share.
[F3]This option, which, if certain predetermined performance criteria were satisfied during the year ending December 31, 2011, provided for vesting in three equal annual installments on December 31, 2012, 2013 and 2014, was canceled pursuant to the Agreement in exchange for the difference between the per share exercise price and $3.85 for each option share.

Documents

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