CARESCIENCE INC 4
4 · CARESCIENCE INC · Filed Sep 19, 2003
Insider Transaction Report
Form 4
CARESCIENCE INCCARE
FRIED BRUCE M
Director
Transactions
- Disposition from Tender
Stock Options (Right to Buy)
2003-09-19−20,000→ 0 totalExercise: $1.35Exp: 2012-01-07→ Common Stock (20,000 underlying)
Footnotes (1)
- [F1]These options fully vested (to the extent not already vested) upon consummation of an offer from Quovadx, Inc. ("Quovadx") to exchange each share of common stock of the issuer for cash in the amount of $1.40 and 0.1818 shares of Quovadx common stock. These options were cancelled at the effective time of the related merger of the issuer and a wholly owned subsidiary of Quovadx and, in consideration of such cancellation, for each underlying share, the reporting person received (i) cash in the amount of $1.40 plus the value of 0.1818 shares of common stock of Quovadx, less (ii) the per share exercise price.