McCloskey Jonathan 4
4 · TomoTherapy Inc · Filed Jun 14, 2011
Insider Transaction Report
Form 4
TomoTherapy IncTOMO
McCloskey Jonathan
Director
Transactions
- Disposition to Issuer
Common Stock
2011-06-10−96,249→ 0 total - Disposition to Issuer
Stock Option (right to buy)
2011-06-10−19,257→ 0 totalExercise: $2.56Exp: 2015-05-01→ Common Stock (19,257 underlying)
Footnotes (2)
- [F1]Disposed of pursuant to the Agreement and Plan of Merger dated as of March 6, 2011 (the "Merger Agreement") among Accuray Incorporated ("Accuray"), Jaguar Acquisition, Inc. and TomoTherapy Incorporated ("TomoTherapy"), in exchange for a combination of $303,184.35 in cash and 15,861 Accuray Common Stock for each TomoTherapy share held.
- [F2]These stock options vest monthly over a 3 year period (subject to rounding differences). These stock options were cancelled and exchanged for 11,839 new stock options of Accuray with the same vesting terms, based on a conversion ratio of 0.6148, which is (A)(i) $3.15 divided by (ii) $7.00, the volume weighted average of the daily closing price of Accuray for the five (5) consecutive trading days preceding and including June 9, 2011, plus (B) 0.1648 pursuant to the Merger Agreement, at a new exercise price of $4.17, based on the previous exercise price divided by the same conversion ratio.