4//SEC Filing
OSTEOTECH INC 4
Accession 0001209191-10-055190
CIK 0000874734operating
Filed
Nov 15, 7:00 PM ET
Accepted
Nov 16, 3:51 PM ET
Size
10.2 KB
Accession
0001209191-10-055190
Insider Transaction Report
Form 4
OSTEOTECH INCOSTE
GALLIKER STEPHEN S
Director
Transactions
- Disposition to Issuer
Common Stock
2010-11-16−20,000→ 0 total - Disposition to Issuer
Stock Option (Right to Buy)
2010-11-16$6.50/sh−15,000$97,500→ 0 totalExercise: $6.18Exp: 2014-03-25→ Common Stock (15,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2010-11-16$6.50/sh−15,000$97,500→ 0 totalExercise: $3.33Exp: 2015-06-09→ Common Stock (15,000 underlying)
Footnotes (3)
- [F1]In connection with the merger of a subsidiary of Medtronic, Inc. into Issuer on November 16, 2010 (the "Merger") pursuant to an agreement and plan of merger dated August 16, 2010, all shares of Issuer common stock were canceled and automatically converted into the right to receive $6.50 per share in cash, without interest and less any applicable withholding taxes.
- [F2]Pursuant to the Merger, this option was canceled in exchange for right to receive a cash payment equal to the total number of shares of common stock subject to the option multiplied by the excess, if any, of $6.50 per share over the exercise price of the option, less any applicable withholding taxes.
- [F3]The option reported herein was fully exercisable prior to the date of the Merger.
Documents
Issuer
OSTEOTECH INC
CIK 0000874734
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000874734
Filing Metadata
- Form type
- 4
- Filed
- Nov 15, 7:00 PM ET
- Accepted
- Nov 16, 3:51 PM ET
- Size
- 10.2 KB