Crippen Dan L 4
4 · ECLIPSYS CORP · Filed Aug 26, 2010
Insider Transaction Report
Form 4
ECLIPSYS CORPECLP
Crippen Dan L
Director
Transactions
- Disposition to Issuer
Deferred Stock Units
2010-08-24−28,013→ 0 total→ Common Stock (28,013 underlying) - Disposition to Issuer
Stock Option
2010-08-24−50,000→ 0 totalExercise: $13.53Exp: 2014-06-01→ Common Stock (50,000 underlying)
Footnotes (2)
- [F1]As the transaction was fully described in the joint proxy statement dated July 14, 2010, as filed with the SEC, each Issuer share was converted into 1.2 shares of common stock of Allscripts Healthcare Solutions, Inc. pursuant to a merger of Issuer with a wholly-owned subsidiary of Allscripts. Each deferred stock unit was equivalent to one share of Issuer common stock. The units were received as director fees. As a result of the merger each unit was converted into 1.2 shares of Allscript common stock. Disposition by Reporting Person was approved by Issuer board of directors.
- [F2]In connection with the merger described above, each Issuer option was converted into an option to purchase Allscript common stock equal to 1.2 times the number of Issuer shares subject of the Issuer option. Reporting Person's options were fully vested.