FISHER SCIENTIFIC INTERNATIONAL INC 4
4 · FISHER SCIENTIFIC INTERNATIONAL INC · Filed Nov 13, 2006
Insider Transaction Report
Form 4
DINGMAN MICHAEL D
Director
Transactions
- Disposition to Issuer
Common Stock
2006-11-09−2,000→ 0 total - Disposition to Issuer
Employee Stock Option (right to buy)
2006-11-09−10,000→ 0 totalExercise: $28.40Exp: 2013-01-27→ Common Stock (10,000 underlying)
Footnotes (2)
- [F1]Each Restricted Stock Unit accrued under the issuer's 2005 Equity and Incentive Plan is the economic equivalent of one share of issuer common stock. The Restricted Stock Units were settled pursuant to the Agreement and Plan of Merger between Thermo Electron Corporation, Trumpet Merger Corporation and the issuer (the "Merger Agreement") for 2.0 shares of common stock of the surviving entity, Thermo Fisher Scientific Inc. ("Thermo Fisher"), on November 9, 2006, the effective date of the merger. Thermo Fisher stock had a market value of $45.03 per share on November 10, 2006, the first day Thermo Fisher stock was traded following the effective date of the merger.
- [F2]This option (the "Original Option") was assumed by Thermo Fisher under the Merger Agreement and replaced with an option to purchase shares of Thermo Fisher common stock ("Substitute Option"). Under the Substitute Option: the number of option shares will equal the number of option shares under the Original Option, times the Exchange Ratio; and the exercise price will equal the exercise price under the Original Option, divided by the Exchange Ratio. The Exchange Ratio is 2.0.