Home/Filings/4/0001181431-12-056182
4//SEC Filing

TIMMINS RICK 4

Accession 0001181431-12-056182

CIK 0000319240other

Filed

Oct 31, 8:00 PM ET

Accepted

Nov 1, 8:40 PM ET

Size

26.8 KB

Accession

0001181431-12-056182

Insider Transaction Report

Form 4
Period: 2012-10-31
TIMMINS RICK
Director
Transactions
  • Exercise/Conversion

    Common Stock

    2012-10-31$11.61/sh+12,541$145,60129,543 total
  • Exercise/Conversion

    Common Stock

    2012-10-31$12.08/sh+5,410$65,3535,410 total
  • Exercise/Conversion

    Common Stock

    2012-10-31$13.26/sh+2,414$32,01031,957 total
  • Tax Payment

    Common Stock

    2012-10-31$19.50/sh19,641$383,00012,316 total
  • Exercise/Conversion

    Stock Option (Right to Buy)

    2012-10-315,4100 total
    Exercise: $12.08Exp: 2020-01-04Common Stock (13,812 underlying)
  • Exercise/Conversion

    Stock Option (Right to Buy)

    2012-10-312,4147,245 total
    Exercise: $13.26Exp: 2019-04-27Common Stock (2,414 underlying)
  • Disposition to Issuer

    Restricted Stock Units

    2012-10-31$19.50/sh2,828$55,1460 total
    Common Stock (2,828 underlying)
  • Disposition from Tender

    Common Stock

    2012-10-31$19.50/sh14,607$284,8370 total
  • Exercise/Conversion

    Common Stock

    2012-10-31$12.08/sh+11,592$140,03117,002 total
  • Sale

    Common Stock

    2012-10-31$19.50/sh12,316$240,1620 total
  • Exercise/Conversion

    Stock Option (Right to Buy)

    2012-10-3111,5920 total
    Exercise: $12.08Exp: 2020-01-04Common Stock (11,510 underlying)
  • Exercise/Conversion

    Stock Option (Right to Buy)

    2012-10-3112,5410 total
    Exercise: $11.61Exp: 2020-05-14Common Stock (12,541 underlying)
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2012-10-31$6.24/sh7,245$45,2090 total
    Exercise: $13.26Exp: 2019-04-27Common Stock (7,245 underlying)
Footnotes (9)
  • [F1]The shares were retained by the company in payment of the exercise price incurred in connection with the exercise of the option.
  • [F2]Pursuant to a Tender and Support Agreement dated September 17, 2012 by and among each director and officer of IRIS International, Inc., IRIS International, Inc., Danaher Corporation and Daphne Acquisition Corporation, the reporting person sold these shares of Common Stock to Daphne Acquisition Corporation in exchange for consideration of $19.50 per share.
  • [F3]The stock options vested in three equal installments of 3,864 shares on each of July 4, 2010, October 4, 2010 and January 4, 2011.
  • [F4]The stock options vested in two equal installments of 2,705 on each of February 22, 2010 and May 22, 2010.
  • [F5]The stock options vested in three equal installments on each of November 14, 2010, February 14, 2011 and May 14, 2011.
  • [F6]Vested / will vest 25% on each of July 31, 2012, October 31, 2012, January 31, 2013 and April 30, 2013.
  • [F7]Pursuant to the Agreement and Plan of Merger dated September 17, 2012 by and among Danaher Corporation, Daphne Acquisition Corporation and IRIS International, Inc. (the "Merger Agreement"), this option vested in full and was cancelled in the merger in exchange for a cash amount equal to the number of shares underlying this option multiplied by the difference between the per share merger consideration of $19.50 and the per share exercise price of this option.
  • [F8]Each restricted stock unit represents a contingent right to receive one share of IRIS International, Inc. common stock.
  • [F9]Pursuant to the Merger Agreement, these restricted stock units vested in full and were cancelled in the merger in exchange for a cash amount equal to the number of shares underlying the restricted stock units multiplied by the per share merger consideration of $19.50.

Issuer

IRIS INTERNATIONAL INC

CIK 0000319240

Entity typeother

Related Parties

1
  • filerCIK 0001234481

Filing Metadata

Form type
4
Filed
Oct 31, 8:00 PM ET
Accepted
Nov 1, 8:40 PM ET
Size
26.8 KB