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4//SEC Filing

Elizondo David R 4

Accession 0001209191-10-042226

CIK 0000824068other

View on SEC.gov Company Profile

Filed

Aug 11, 8:00 PM ET

Accepted

Aug 12, 12:44 PM ET

Size

19.9 KB

Accession

0001209191-10-042226

Insider Transaction Report

Form 4

Period: 2010-08-12

ATS MEDICAL INCATSI

Elizondo David R

VP-Research & Development

Transactions

Disposition to Issuer
Restricted Stock Units
2010-08-12$4.00/sh−20,000$80,000→ 0 total
From: 2007-09-29Exp: 2011-09-29→ Common Stock (20,000 underlying)
Disposition to Issuer
Restricted Stock Units
2010-08-12$4.00/sh−15,000$60,000→ 0 total
From: 2011-03-01Exp: 2015-03-01→ Common Stock (15,000 underlying)
Disposition to Issuer
Restricted Stock Units
2010-08-12$4.00/sh−17,674$70,696→ 0 total
From: 2008-03-15Exp: 2012-03-15→ Common Stock (17,674 underlying)
Disposition to Issuer
Restricted Stock Units
2010-08-12$4.00/sh−52,852$211,408→ 0 total
From: 2010-03-15Exp: 2014-03-05→ Common Stock (52,852 underlying)
Disposition to Issuer
Restricted Stock Units
2010-08-12$4.00/sh−53,410$213,640→ 0 total
From: 2011-03-01Exp: 2015-03-01→ Common Stock (53,410 underlying)
Disposition to Issuer
Common Stock
2010-08-12−110,301.709→ 0 total
Disposition to Issuer
Restricted Stock Units
2010-08-12$4.00/sh−52,577$210,308→ 0 total
From: 2009-03-15Exp: 2013-03-15→ Common Stock (52,577 underlying)

Footnotes (6)

[F1]Includes shares acquired under the Employee Stock Purchase Plan as of June 30, 2010.
[F2]In connection with the merger of a subsidiary of Medtronic, Inc. into Issuer on August 12, 2010 (the "Merger") pursuant to an agreement and plan of merger dated April 28, 2010, all shares of Issuer common stock were converted into the right to receive $4 per share in cash.
[F3]1 unit for 1 share of Common Stock.
[F4]This restricted stock unit, the vesting of which was accelerated in connection with the Merger, was cancelled in the merger in exchange for the right to receive a cash payment equal to the product of (i) the total number of shares of stock represented by the restricted stock unit, multiplied by (ii) $4 per share, less applicable withholding taxes.
[F5]Vests in cumulative annual installments of 20% beginning the date shown.
[F6]Represents last vesting date.

Documents

1 file

4
doc4.xmlPrimary
FORM 4 SUBMISSION

Issuer

ATS MEDICAL INC

CIK 0000824068

Entity typeother

Related Parties

1

filerCIK 0001376547

Filing Metadata

Form type: 4
Filed: Aug 11, 8:00 PM ET
Accepted: Aug 12, 12:44 PM ET
Size: 19.9 KB

View on SEC.gov