PATHEON INC 4
4 · PATHEON INC · Filed Mar 12, 2014
Insider Transaction Report
Form 4
PATHEON INCPTI
Sutin David Earl
Director
Transactions
- Disposition to Issuer
Restricted Voting Shares
2014-03-11$9.32/sh−127,072$1,184,311→ 0 total - Exercise/Conversion
Restricted Voting Shares
2014-03-11+70,618→ 127,072 total - Exercise/Conversion
Deferred Share Units
2014-03-11−70,618→ 0 total→ Restricted Voting Shares (70,618 underlying)
Footnotes (2)
- [F1]Each Deferred Share Unit was the economic equivalent of one Restricted Voting Share. Pursuant to the Arrangement Agreement (the "Agreement") by and between Patheon Inc. and JLL/Delta Patheon Holdings, L.P., dated as of November 18, 2013, on the effective date of the arrangement contemplated by the Agreement (the "Arrangement") each Deferred Share Unit was automatically converted into the right to receive US$9.32.
- [F2]Pursuant to the Agreement, on the effective date of the Arrangement each of these Restricted Voting Shares were automatically converted into the right to receive US$9.32.