CARESCIENCE INC 4
4 · CARESCIENCE INC · Filed Sep 19, 2003
Insider Transaction Report
Form 4
CARESCIENCE INCCARE
MCCLEARY CHRISTOPHER R
Director
Transactions
- Disposition from Tender
Common Stock
2003-09-18−18,930→ 0 total - Disposition from Tender
Stock Options (Right to Buy)
2003-09-19−15,000→ 0 totalExercise: $1.62Exp: 2011-06-16→ Common Stock (15,000 underlying)
Footnotes (2)
- [F1]Stock tendered pursuant to 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 (the "Offer").
- [F2]These options, which fully vested (to the extent not already vested) upon consummation of the Offer, 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.