Home/Filings/4/0001192482-16-000665
4//SEC Filing

Celator Pharmaceuticals Inc 4

Accession 0001192482-16-000665

CIK 0001327467operating

Filed

Jul 12, 8:00 PM ET

Accepted

Jul 13, 1:06 PM ET

Size

30.7 KB

Accession

0001192482-16-000665

Insider Transaction Report

Form 4
Period: 2016-06-20
Transactions
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2016-07-12$27.45/sh14,000$384,3000 total
    Exercise: $2.80From: 2016-07-12Exp: 2014-06-12Common Stock (14,000 underlying)
  • Exercise of In-Money

    Warrant

    2016-06-2035,7370 total(indirect: By Garden State Life Sciences Venture Fund, L.P.)
    Exercise: $3.58From: 2013-04-29Exp: 2020-04-29Common Stock (35,737 underlying)
  • Exercise of In-Money

    Warrant

    2016-06-2030,7080 total(indirect: By Quaker BioVentures, L.P.)
    Exercise: $3.58From: 2013-04-29Exp: 2020-04-29Common Stock (30,708 underlying)
  • Exercise of In-Money

    Common Stock

    2016-06-20+40,6141,327,888 total(indirect: By Quaker BioVentures, L.P.)
  • Disposition from Tender

    Common Stock

    2016-07-12$30.25/sh637,962$19,298,3510 total(indirect: By Garden State Life Sciences Venture Fund, L.P.)
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2016-07-12$27.13/sh28,000$759,7520 total
    Exercise: $3.12From: 2016-07-12Exp: 2023-06-23Common Stock (28,000 underlying)
  • Exercise of In-Money

    Common Stock

    2016-06-20+47,265637,962 total(indirect: By Garden State Life Sciences Venture Fund, L.P.)
  • Disposition from Tender

    Common Stock

    2016-07-12$30.25/sh1,327,888$40,168,6120 total(indirect: By Quaker BioVentures, L.P.)
  • Disposition to Issuer

    Warrant

    2016-07-12$25.04/sh12,832$321,2840 total(indirect: By Garden State Life Sciences Venture Fund, L.P.)
    Exercise: $5.21From: 2012-08-28Exp: 2019-08-28Common Stock (12,832 underlying)
  • Exercise of In-Money

    Warrant

    2016-06-2016,3910 total(indirect: By Quaker BioVentures, L.P.)
    Exercise: $5.21From: 2012-08-28Exp: 2019-08-28Common Stock (16,391 underlying)
  • Exercise of In-Money

    Warrant

    2016-06-2019,0760 total(indirect: By Garden State Life Sciences Venture Fund, L.P.)
    Exercise: $5.21From: 2012-08-28Exp: 2019-08-28Common Stock (19,076 underlying)
  • Disposition to Issuer

    Warrant

    2016-07-12$25.04/sh11,027$276,0910 total(indirect: By Quaker BioVentures, L.P.)
    Exercise: $5.21From: 2012-08-28Exp: 2019-08-28Common Stock (11,027 underlying)
Footnotes (5)
  • [F1]Includes (i) 27,058 shares of common stock issued upon net exercise of a warrant granted on April 29, 2013 to purchase an aggregate of 30,708 shares of common stock at an exercise price of $3.58 per share; and (ii) 13,556 shares of common stock issued upon net exercise of a warrant granted on August 28, 2012 to purchase an aggregate of 16,391 shares of common stock at an exercise price of $5.2123 per share.
  • [F2]Includes (i) 31,489 shares of common stock issued upon net exercise of a warrant granted on April 29, 2013 to purchase an aggregate of 35,737 shares of common stock at an exercise price of $3.58 per share; and (ii) 15,776 shares of common stock issued upon net exercise of a warrant granted on August 28, 2012 to purchase an aggregate of 19,076 shares of common stock at an exercise price of $5.2123 per share.
  • [F3]On July 12, 2016, Jazz Pharmaceuticals plc ("Jazz") acquired the issuer pursuant to that certain agreement and plan of merger, dated May 27, 2016 by and among Jazz, Plex Merger Sub, Inc., and the issuer (the "Transaction"). At the effective time of the merger, each outstanding share of the issuer's common stock was converted into the right to receive $30.25 in cash (the "per share merger consideration").
  • [F4]In connection with the consummation of the Transaction, each outstanding stock option was exchanged for the right to receive the product of (i) the difference between $30.25 and the exercise price of such option, and (ii) the number of shares subject to such option.
  • [F5]In connection with the consummation of the Transaction, and in accordance with this warrant's terms, the warrant was exercised in exchange for consideration equal to the per share merger consideration payable to the warrantholder if the warrant had been exercised in full immediately prior to the consummation of th Transaction.

Issuer

Celator Pharmaceuticals Inc

CIK 0001327467

Entity typeoperating

Related Parties

1
  • filerCIK 0001327467

Filing Metadata

Form type
4
Filed
Jul 12, 8:00 PM ET
Accepted
Jul 13, 1:06 PM ET
Size
30.7 KB