4//SEC Filing
Mermelstein Fred H 4
Accession 0001209191-10-036969
CIK 0000050710other
Filed
Jul 1, 8:00 PM ET
Accepted
Jul 2, 3:17 PM ET
Size
27.7 KB
Accession
0001209191-10-036969
Insider Transaction Report
Form 4
Mermelstein Fred H
Director
Transactions
- Disposition to Issuer
Stock Option (right to buy)
2010-07-02−75,000→ 0 totalExercise: $4.05Exp: 2016-03-08→ Common Stock (75,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2010-07-02−51,742→ 0 totalExercise: $5.36From: 2004-12-06Exp: 2012-02-25→ Common Stock (51,742 underlying) - Disposition to Issuer
Stock Option (right to buy)
2010-07-02−254,603→ 0 totalExercise: $1.50From: 2004-12-06Exp: 2013-08-22→ Common Stock (254,603 underlying) - Disposition to Issuer
Stock Option (right to buy)
2010-07-02−125,000→ 0 totalExercise: $2.70From: 2005-04-12Exp: 2015-04-12→ Common Stock (125,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2010-07-02−70,000→ 0 totalExercise: $4.98Exp: 2017-01-03→ Common Stock (70,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2010-07-02−103,485→ 0 totalExercise: $3.87From: 2004-12-06Exp: 2010-11-14→ Common Stock (103,485 underlying) - Disposition to Issuer
Stock Option (right to buy)
2010-07-02−50,921→ 0 totalExercise: $3.87From: 2004-12-06Exp: 2012-09-18→ Common Stock (50,921 underlying) - Disposition to Issuer
Stock Option (right to buy)
2010-07-02−127,301→ 0 totalExercise: $1.96From: 2004-12-06Exp: 2013-12-15→ Common Stock (127,301 underlying) - Disposition to Issuer
Stock Option (right to buy)
2010-07-02−70,000→ 0 totalExercise: $3.53Exp: 2018-01-09→ Common Stock (70,000 underlying) - Disposition from Tender
Common Stock
2010-06-30$2.20/sh−577,316$1,270,095→ 0 total - Disposition to Issuer
Stock Option (right to buy)
2010-07-02−75,000→ 0 totalExercise: $2.70Exp: 2015-04-12→ Common Stock (75,000 underlying)
Footnotes (9)
- [F1]Pursuant to the Agreement and Plan of Merger, dated April 17, 2010, by and among Hospira, Inc., Discus Acquisition Corporation ("Purchaser") and Javelin Pharmaceuticals, Inc. (the "Company"), Purchaser merged with and into the Company on July 2, 2010 (the "Merger"). These shares, which were outstanding immediately prior to the effective time of the Merger (the "Effective Time"), were immediately canceled and converted at the effective time of the Merger into the right to receive cash consideration equal to $2.20 per share.
- [F2]These options, which were outstanding, unexercised and fully vested immediately prior to the Effective Time were immediately canceled and terminated.
- [F3]These options, which were outstanding, unexercised and fully vested immediately prior to the Effective Time were immediately canceled, terminated and converted into the right to receive a cash payment of $178,222.10, representing (a) the difference between the exercise price of the option and the merger consideration of $2.20 per share multiplied by (b) the number of shares subject to the option.
- [F4]These options, which were outstanding, unexercised and fully vested immediately prior to the Effective Time were immediately canceled, terminated and converted into the right to receive a cash payment of $30,552.24, representing (a) the difference between the exercise price of the option and the merger consideration of $2.20 per share multiplied by (b) the number of shares subject to the option.
- [F5]One-third of the shares were exercisable as of April 12, 2006, April 12, 2007 and April 12, 2008.
- [F6]One-third of the shares were exercisable as of March 8, 2007, March 8, 2008 and March 8, 2009.
- [F7]The vesting of these options were in three equal annual installments beginning January 5, 2008.
- [F8]The vesting of these options were in three equal annual installments beginning January 9, 2009.
- [F9]These options, which were outstanding and unexercised immediately prior to the Effective Time were immediately canceled and terminated.
Documents
Issuer
JAVELIN PHARMACEUTICALS, INC
CIK 0000050710
Entity typeother
Related Parties
1- filerCIK 0001311357
Filing Metadata
- Form type
- 4
- Filed
- Jul 1, 8:00 PM ET
- Accepted
- Jul 2, 3:17 PM ET
- Size
- 27.7 KB