SOLTA MEDICAL INC 4
4 · SOLTA MEDICAL INC · Filed Jan 27, 2014
Insider Transaction Report
Form 4
McCarthy Cathy L
Director
Transactions
- Disposition from Tender
Common Stock
2014-01-23$2.92/sh−109,602$320,038→ 0 total - Disposition to Issuer
Employee Stock Option (Right to Buy)
2014-01-23$0.45/sh−25,000$11,250→ 0 totalExercise: $2.47Exp: 2020-06-03→ Common Stock (25,000 underlying)
Footnotes (2)
- [F1]Includes 31,627 shares deemed acquired pursuant to the grant of restricted stock units ("RSU's") on various dates. The vesting of the RSU's was accelerated in connection with the merger of the Issuer with Valeant Pharmaceuticals International, a Delaware corporation (the "Merger").
- [F2]This option, which had become fully vested and exercisable, was cancelled at the closing of the Merger in exchange for a cash payment equal to the product of (a) the number of shares underlying this option and (b) the difference between the merger consideration of $2.92 per share and the exercise price per share of this option.