CHESTON MORRIS JR 4
4 · ORTHOVITA INC · Filed Jun 28, 2011
Insider Transaction Report
Form 4
ORTHOVITA INCVITA
CHESTON MORRIS JR
Director
Transactions
- Disposition to Issuer
COMMON STOCK
2011-06-27$3.85/sh−17,037$65,592→ 0 total - Disposition from Tender
COMMON STOCK
2011-06-24$3.85/sh−15,935$61,350→ 17,037 total - Disposition to Issuer
COMMON STOCK OPTIONS
2011-06-27−5,000→ 0 totalExercise: $1.85From: 2004-05-24Exp: 2012-05-24→ COMMON STOCK (5,000 underlying) - Disposition to Issuer
COMMON STOCK OPTIONS
2011-06-27−14,000→ 0 totalExercise: $2.35Exp: 2018-07-17→ COMMON STOCK (14,000 underlying) - Disposition to Issuer
COMMON STOCK OPTIONS
2011-06-27−12,500→ 0 totalExercise: $3.26From: 2003-06-12Exp: 2013-06-12→ COMMON STOCK (12,500 underlying) - Disposition to Issuer
COMMON STOCK OPTIONS
2011-06-27−10,000→ 0 totalExercise: $3.72From: 2009-07-24Exp: 2016-07-24→ COMMON STOCK (10,000 underlying) - Disposition to Issuer
COMMON STOCK OPTIONS
2011-06-27−14,000→ 0 totalExercise: $1.92Exp: 2020-07-26→ COMMON STOCK (14,000 underlying) - Disposition to Issuer
COMMON STOCK OPTIONS
2011-06-27−15,000→ 0 totalExercise: $3.26From: 2005-06-12Exp: 2013-06-12→ COMMON STOCK (15,000 underlying) - Disposition to Issuer
COMMON STOCK OPTIONS
2011-06-27−10,000→ 0 totalExercise: $2.90From: 2010-06-26Exp: 2017-06-26→ COMMON STOCK (10,000 underlying)
Footnotes (3)
- [F1]Each share of unvested restricted stock was canceled pursuant to that certain Agreement and Plan of Merger among the issuer, Stryker Corporation and Owl Acquisition Corporation ("Agreement") and converted into the right to receive $3.85 per 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 provided for vesting in four equal annual installments beginning one year from the grant date, was canceled pursuant to the Agreement in exchange for the difference between the per share exercise price and $3.85 for each option share.