Nolan Cary J 4
4 · TomoTherapy Inc · Filed Jun 14, 2011
Insider Transaction Report
Form 4
TomoTherapy IncTOMO
Nolan Cary J
Director
Transactions
- Disposition to Issuer
Stock Option (right to buy)
2011-06-10−14,500→ 0 totalExercise: $20.51Exp: 2013-11-09→ Common Stock (14,500 underlying) - Disposition to Issuer
Common Stock
2011-06-10−182,683→ 0 total
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 $575,451.45 in cash and 30,106 shares of Accuray common stock based on $3.15 per share and 0.1648 shares of Accuray Common Stock for each TomoTherapy share held.
- [F2]These options vest monthly over a 3 year period (subject to rounding differences). These stock options were cancelled and exchanged for 8,914 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 $33.37, based on the previous exercise price divided by the same conversion ratio.