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4//SEC Filing

Conroy James Michael 4

Accession 0001200876-09-000093

CIK 0000823560other

Filed

Dec 21, 7:00 PM ET

Accepted

Dec 22, 6:26 PM ET

Size

9.1 KB

Accession

0001200876-09-000093

Insider Transaction Report

Form 4
Period: 2009-12-22
Conroy James Michael
Principal Accounting Officer
Transactions
  • Disposition to Issuer

    Options (right to buy)

    2009-12-2210,0000 total
    Exercise: $13.70Exp: 2017-11-09Common Stock (10,000 underlying)
  • Disposition to Issuer

    Options (right to buy)

    2009-12-226,7030 total
    Exercise: $5.85Exp: 2018-07-02Common Stock (6,703 underlying)
Footnotes (3)
  • [F1]The options were cancelled and terminated by the Issuer's Board of Directors in accordance with an Agreement and Plan of Merger, dated as of August 7, 2009 ("Merger Agreement"), by and among the Issuer, MedPak Holdings, Inc., a Delaware corporation ("Parent"), and MedPak Merger Sub, Inc., a Delaware corporation and a wholly owned subsidiary of Parent ("Merger Sub"), whereby Merger Sub merged with and into the Issuer (the "Merger"). The Merger was approved by the stockholders of the Issuer of December 18, 2009 and became effective on December 22, 2009. The reporting person received, with respect to any shares of the Issuer's common stock issuable under a stock option, an amount equal to the excess, if any, of (i) $5.75 per share over (ii) the exercise price per share payable with respect of such shares of the Issuer's common stock issuable under such stock option.
  • [F2]Options vested as follows: 3,333 on 11/09/2008; 3,333 on 11/09/2009; and 3,334 on 11/09/2010.
  • [F3]Options vested as follows: 2,234 on 07/02/2009; 2,234 on 07/02/2010; and 2,235 on 07/02/2011.

Issuer

MTS MEDICATION TECHNOLOGIES, INC /DE/

CIK 0000823560

Entity typeother

Related Parties

1
  • filerCIK 0001425850

Filing Metadata

Form type
4
Filed
Dec 21, 7:00 PM ET
Accepted
Dec 22, 6:26 PM ET
Size
9.1 KB