Home/Filings/4/0001181431-12-007461
4//SEC Filing

SERRAO GREGORY A 4

Accession 0001181431-12-007461

CIK 0001028087other

Filed

Feb 8, 7:00 PM ET

Accepted

Feb 9, 6:13 PM ET

Size

23.8 KB

Accession

0001181431-12-007461

Insider Transaction Report

Form 4
Period: 2012-02-09
SERRAO GREGORY A
DirectorChief Executive Officer
Transactions
  • Disposition to Issuer

    Common Stock

    2012-02-09$19.00/sh471,100$8,950,9000 total
  • Disposition to Issuer

    Nonqualified Option (Right to Buy)

    2012-02-0933,1500 total
    Exercise: $8.90From: 2012-02-09Exp: 2014-02-24Common Stock (33,150 underlying)
  • Disposition to Issuer

    Nonqualified Option (Right to Buy)

    2012-02-0985,4000 total
    Exercise: $13.17From: 2012-02-09Exp: 2020-02-23Common Stock (85,400 underlying)
  • Disposition to Issuer

    Common Stock

    2012-02-09$19.00/sh19,400$368,6000 total(indirect: See Footnote)
  • Disposition to Issuer

    Nonqualified Option (Right to Buy)

    2012-02-0973,5000 total
    Exercise: $12.85From: 2012-02-09Exp: 2021-02-28Common Stock (73,500 underlying)
  • Disposition to Issuer

    Nonqualified Option (Right to Buy)

    2012-02-0940,6500 total
    Exercise: $15.75From: 2012-02-09Exp: 2015-02-22Common Stock (40,650 underlying)
  • Disposition to Issuer

    Nonqualified Option (Right to Buy)

    2012-02-0968,1000 total
    Exercise: $6.53From: 2012-02-09Exp: 2019-02-24Common Stock (68,100 underlying)
  • Disposition to Issuer

    Nonqualified Option (Right to Buy)

    2012-02-09$13.01/sh219,613$2,857,1650 total
    Exercise: $5.99From: 2012-02-09Exp: 2013-07-03Common Stock (219,613 underlying)
  • Disposition to Issuer

    Nonqualified Option (Right to Buy)

    2012-02-0955,4000 total
    Exercise: $13.80From: 2012-02-09Exp: 2016-02-21Common Stock (55,400 underlying)
Footnotes (11)
  • [F1]The disposed shares include 3,300 shares held jointly by Mr. Serrao and his wife.
  • [F10]This option was converted into an option to purchase 384 shares of common stock of ADPI Holdings, Inc., a subsidiary of JLL Crown Holdings, LLC, with an exercise price of $250.00 per share.
  • [F11]This option was converted into an option to purchase 175 shares of common stock of ADPI Holdings, Inc., a subsidiary of JLL Crown Holdings, LLC, with an exercise price of $250.00 per share.
  • [F2]Disposed of pursuant to the Agreement and Plan of Merger, dated as of November 4, 2011, among the Company, JLL Crown Holdings, LLC, and JLL Crown Merger Sub, Inc. (the "Merger Agreement"). At the effective time of the merger on February 9, 2012, each share of Company common stock issued and outstanding immediately prior to the effective time of the merger (except for the excluded shares) was converted into the right to receive $19.00 in cash, without interest and less any applicable withholding taxes.
  • [F3]The disposed shares consisted of 11,900 shares owned by a family trust, of which Mr. Serrao is the grantor and trustee, and 7,500 shares held by Mr. Serrao's wife.
  • [F4]Disposed of pursuant to the Merger Agreement. Immediately prior to the effective time of the merger on February 9, 2012, pursuant to the terms of the Merger Agreement, each then-outstanding option to purchase shares of Company common stock, whether or not vested or exercisable, became fully vested and exercisable and was converted into the right to receive an amount in cash equal to the product of (i) the excess of the merger consideration of $19.00 per share over the applicable exercise price per share of the stock option and (ii) the number of shares of Company common stock the holder could have purchased had the holder exercised the stock option in full immediately prior to the effective time of the merger, without interest and less any applicable withholding taxes.
  • [F5]Immediately prior to the effective time of the merger on February 9, 2012, pursuant to the terms of the Merger Agreement, each then-outstanding option to purchase shares of Company common stock, whether or not vested or exercisable, became fully vested and exercisable.
  • [F6]This option was converted into an option to purchase 1,132 shares of common stock of ADPI Holdings, Inc., a subsidiary of JLL Crown Holdings, LLC, with an exercise price of $250.00 per share.
  • [F7]This option was converted into an option to purchase 446 shares of common stock of ADPI Holdings, Inc., a subsidiary of JLL Crown Holdings, LLC, with an exercise price of $250.00 per share.
  • [F8]This option was converted into an option to purchase 602 shares of common stock of ADPI Holdings, Inc., a subsidiary of JLL Crown Holdings, LLC, with an exercise price of $250.00 per share.
  • [F9]This option was converted into an option to purchase 663 shares of common stock of ADPI Holdings, Inc., a subsidiary of JLL Crown Holdings, LLC, with an exercise price of $250.00 per share.

Issuer

AMERICAN DENTAL PARTNERS INC

CIK 0001028087

Entity typeother

Related Parties

1
  • filerCIK 0001234983

Filing Metadata

Form type
4
Filed
Feb 8, 7:00 PM ET
Accepted
Feb 9, 6:13 PM ET
Size
23.8 KB