4//SEC Filing
Transcept Pharmaceuticals Inc 4
Accession 0001181431-14-035075
CIK 0001178711operating
Filed
Oct 29, 8:00 PM ET
Accepted
Oct 30, 6:50 PM ET
Size
27.3 KB
Accession
0001181431-14-035075
Insider Transaction Report
Form 4
Singh Nikhilesh N
SVP & Chief Scientific Officer
Transactions
- Award
Common Stock
2014-10-30$21.59/sh+11,758$253,832→ 12,147 total - Disposition to Issuer
Common Stock (right to buy)
2014-10-30−5,950→ 0 totalExercise: $82.56Exp: 2020-01-14→ Common Stock (5,950 underlying) - Disposition to Issuer
Common Stock (right to buy)
2014-10-30−10,000→ 0 totalExercise: $48.84Exp: 2023-01-07→ Common Stock (10,000 underlying) - Disposition to Issuer
Common Stock (right to buy)
2014-10-30−9,583→ 0 totalExercise: $19.20Exp: 2023-07-15→ Common Stock (9,583 underlying) - Disposition to Issuer
Common Stock (right to buy)
2014-10-30−16,791→ 0 totalExercise: $5.61Exp: 2016-03-15→ Common Stock (16,791 underlying) - Disposition to Issuer
Common Stock (right to buy)
2014-10-30−4,833→ 0 totalExercise: $82.44Exp: 2021-02-02→ Common Stock (4,833 underlying) - Disposition to Issuer
Common Stock (right to buy)
2014-10-30−3,500→ 0 totalExercise: $33.72Exp: 2019-02-12→ Common Stock (3,500 underlying) - Disposition to Issuer
Common Stock (right to buy)
2014-10-30−6,458→ 0 totalExercise: $16.20Exp: 2021-08-24→ Common Stock (6,458 underlying) - Disposition to Issuer
Common Stock (right to buy)
2014-10-30−5,000→ 0 totalExercise: $81.12Exp: 2022-02-01→ Common Stock (5,000 underlying)
Holdings
- 24(indirect: See footnote)
Common Stock
- 6,517(indirect: See footnote)
Common Stock
Footnotes (11)
- [F1]Shares received in exchange for the cancellation of all outstanding stock options in connection with the merger of Paratek Pharmaceuticals, Inc. ("Paratek") into a wholly owned subsidiary of the Issuer (the "Merger") pursuant to that certain Agreement and Plan of Merger and Reoganization ("Merger Agreement") by and among Issuer, Tigris Merger Sub, Inc., Tigris Acquisition Sub, LLC, and Paratek, dated June 30, 2014.
- [F10]The option vests in forty-eight equal monthly installments beginning on February 7, 2013.
- [F11]The option vests in forty-eight equal monthly installments beginning on August 15, 2013.
- [F2]Pursuant to terms of the Merger Agreement, immediately prior to the effective time of the Merger: each outstanding option to purchase Issuer's common stock, whether vested or unvested, with an exercise price lower than the Issuer Closing Price (as defined therein), which is $21.588, was cancelled and exchanged for a number of shares of Issuer's common stock calculated by dividing (i) the product of (a) the total number of shares of Issuer's common stock previously subject to such option and (b) the excess of the Issuer Closing Price over the exercise price of such option by (ii) the Issuer Closing Price; and (B) certain outstanding options to purchase Issuer's common stock, whether vested or unvested, with an exercise price higher than the Issuer Closing Price, were cancelled and exchanged for a number of shares of Issuer's common stock calculated by dividing a fixed dollar amount for the Reporting Person by the Issuer Closing Price.
- [F3]Number of shares accounts for the effect of a reverse stock split of Issuer's common stock at a ratio of one new share for every twelve shares outstanding effective just prior to the effective time of the Merger (the "stock split").
- [F4]Shares held directly by the Reporting Person's spouse.
- [F5]Shares held directly by the Singh Family Trust (the "Family Trust") for which Reporting Person's spouse serves as trustee. The Reporting Person disclaims beneficial ownership of the shares held by the Family Trust except to the extent of his pecuniary interest therein.
- [F6]Represents the adjusted stock option exercise price reflecting the Stock Split.
- [F7]Fully exercisable.
- [F8]The option vests in forty-eight equal monthly installments beginning March 2, 2011.
- [F9]The option vests in forty-eight equal monthly installments beginning on March 1, 2012.
Documents
Issuer
Transcept Pharmaceuticals Inc
CIK 0001178711
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001178711
Filing Metadata
- Form type
- 4
- Filed
- Oct 29, 8:00 PM ET
- Accepted
- Oct 30, 6:50 PM ET
- Size
- 27.3 KB