PATHEON INC 4
4 · PATHEON INC · Filed Mar 12, 2014
Insider Transaction Report
Form 4
PATHEON INCPTI
Wilson Dean Frederick
VP Corporate Controller
Transactions
- Disposition to Issuer
Employee Stock Option (right to buy)
2014-03-11$6.99/sh−40,000$279,600→ 0 totalExercise: $2.33Exp: 2020-03-16→ Restricted Voting Shares (40,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2014-03-11$6.98/sh−31,500$219,870→ 0 totalExercise: $2.34Exp: 2020-06-14→ Restricted Voting Shares (31,500 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2014-03-11$6.50/sh−15,000$97,500→ 0 totalExercise: $2.82From: 2011-09-29Exp: 2015-09-29→ Restricted Voting Shares (15,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2014-03-11$5.82/sh−20,000$116,400→ 0 totalExercise: $3.50Exp: 2023-03-12→ Restricted Voting Shares (20,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2014-03-11$7.47/sh−30,000$224,100→ 0 totalExercise: $1.85Exp: 2022-06-17→ Restricted Voting Shares (30,000 underlying)
Footnotes (6)
- [F1]The exercise price was converted from Canadian dollars based on the March 10, 2014 closing rate of exchange of 1.1105 Canadian dollars per U.S. dollars as quoted by Reuters. The actual exercise price is the Canadian dollar amount regardless of the exchange rate on the date of exercise.
- [F2]The option vests in five equal annual installments on March 17, 2011, March 17, 2012, March 17, 2013, March 17, 2014 and March 17, 2015.
- [F3]The option vests in five equal annual installments on June 15, 2011, June 15, 2012, June 15, 2013, June 15, 2014, and June 15, 2015.
- [F4]The option vests in five equal annual installments on June 18, 2013, June 18, 2014, June 18, 2015, June 18, 2016, and June 18, 2017.
- [F5]The option vests in five equal annual installments on March 13, 2014, March 13, 2015, March 13, 2016, March 13, 2017, and March 13, 2018.
- [F6]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, this option was cancelled in exchange for a cash payment equal to the product of (i) the excess of US$9.32 over the exercise price per share of the option and (ii) the total number of shares underlying the option.