POLYMEDICA CORP 4
4 · POLYMEDICA CORP · Filed Nov 5, 2007
Insider Transaction Report
Form 4
POLYMEDICA CORPPLMD
SHANAMAN SAMUEL L
Director
Transactions
- Disposition to Issuer
Common Stock
2007-10-31$53.00/sh−680$36,040→ 0 total(indirect: By Spouse) - Disposition to Issuer
Common Stock
2007-10-31$53.00/sh−45,949.975$2,435,349→ 0 total - Disposition to Issuer
Stock Option
2007-10-31−15,000→ 0 totalExercise: $8.50Exp: 2011-11-06→ Common Stock (15,000 underlying) - Disposition to Issuer
Stock Option
2007-10-31−240,000→ 0 totalExercise: $25.32Exp: 2014-02-23→ Common Stock (240,000 underlying)
Footnotes (2)
- [F1]This option was cancelled in the merger between PolyMedica Corporation and a subsidiary of Medco Health Solutions, Inc. in exchange for a cash payment of $667,500.00 representing the difference between the exercise price of the option and the market value of the underlying PolyMedica common stock on the effective date of the merger ($53.00 per share).
- [F2]This option was cancelled in the merger between PolyMedica Corporation and a subsidiary of Medco Health Solutions, Inc. in exchange for a cash payment of $6,643,200.00 representing the difference between the exercise price of the option and the market value of the underlying PolyMedica common stock on the effective date of the merger ($53.00 per share).