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4//SEC Filing

CROSS DAVID W 4

Accession 0001209191-10-043190

CIK 0001129623other

Filed

Aug 17, 8:00 PM ET

Accepted

Aug 18, 4:18 PM ET

Size

17.1 KB

Accession

0001209191-10-043190

Insider Transaction Report

Form 4
Period: 2010-08-17
Transactions
  • Disposition to Issuer

    Common Stock, par value $0.001 per share

    2010-08-171,1250 total(indirect: By Spouse)
  • Disposition to Issuer

    Employee Stock Option (Right to buy)

    2010-08-17$9.81/sh5,817$57,0650 total
    Exercise: $17.19Exp: 2016-05-05Common Stock (5,817 underlying)
  • Disposition to Issuer

    Employee Stock Option (Right to buy)

    2010-08-17$8.24/sh6,300$51,9120 total
    Exercise: $18.76Exp: 2013-05-29Common Stock (6,300 underlying)
  • Disposition to Issuer

    Employee Stock Option (Right to buy)

    2010-08-17$10.13/sh5,928$60,0510 total
    Exercise: $16.87Exp: 2014-05-07Common Stock (5,928 underlying)
  • Disposition to Issuer

    Common Stock, par value $0.001 per share

    2010-08-1731,9750 total
  • Disposition to Issuer

    Employee Stock Option (Right to buy)

    2010-08-17$15.10/sh8,403$126,8850 total
    Exercise: $11.90Exp: 2015-05-06Common Stock (8,403 underlying)
Footnotes (5)
  • [F1]Disposed of in connection with the merger of a subsidiary of the Issuer with Gentiva Health Services, Inc., effective August 17, 2010 (the "Merger"), pursuant to the Agreement and Plan of Merger, dated May 23, 2010 (the "Merger Agreement"), among the Issuer, Gentiva Health Services, Inc., and GTO Acquisition Corp., pursuant to which each issued and outstanding share of the Issuer's common stock owned immediately prior to the effective time of the Merger was exchanged for the right to receive $27.00 per share in cash, without interest and subject to any required withholding of taxes, less, in the case of stock options, the per share exercise price of the option. If the per share exercise price for an option is equal to or greater than $27.00, then the option was cancelled for no consideration.
  • [F2]Pursuant to the Merger Agreement, the option was cancelled in connection with the Merger in exchange for a cash payment of $51,912.00, which represents the amount equal to the number of shares of the Issuer's common stock underlying the option multiplied by the difference between the per share exercise price and the per share merger consideration of $27.00, without interest and subject to any required withholding of taxes.
  • [F3]Pursuant to the Merger Agreement, the option was cancelled in connection with the Merger in exchange for a cash payment of $60,050.64, which represents the amount equal to the number of shares of the Issuer's common stock underlying the option multiplied by the difference between the per share exercise price and the per share merger consideration of $27.00, without interest and subject to any required withholding of taxes.
  • [F4]Pursuant to the Merger Agreement, the option was cancelled in connection with the Merger in exchange for a cash payment of $126,885.30, which represents the amount equal to the number of shares of the Issuer's common stock underlying the option multiplied by the difference between the per share exercise price and the per share merger consideration of $27.00, without interest and subject to any required withholding of taxes.
  • [F5]Pursuant to the Merger Agreement, the option was cancelled in connection with the Merger in exchange for a cash payment of $57,064.77, which represents the amount equal to the number of shares of the Issuer's common stock underlying the option multiplied by the difference between the per share exercise price and the per share merger consideration of $27.00, without interest and subject to any required withholding of taxes.

Issuer

ODYSSEY HEALTHCARE INC

CIK 0001129623

Entity typeother

Related Parties

1
  • filerCIK 0001215192

Filing Metadata

Form type
4
Filed
Aug 17, 8:00 PM ET
Accepted
Aug 18, 4:18 PM ET
Size
17.1 KB