Home/Filings/4/0001209191-11-051051
4//SEC Filing

FERNANDEZ FERNANDO L 4

Accession 0001209191-11-051051

CIK 0000803352other

Filed

Oct 5, 8:00 PM ET

Accepted

Oct 6, 5:43 PM ET

Size

20.0 KB

Accession

0001209191-11-051051

Insider Transaction Report

Form 4
Period: 2011-10-04
FERNANDEZ FERNANDO L
Chief Financial Officer
Transactions
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2011-10-04$4.47/sh350,000$1,564,5000 total
    Exercise: $1.98Exp: 2014-06-14Common Stock, par value $.0001 (350,000 underlying)
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2011-10-04$4.03/sh75,000$302,2500 total
    Exercise: $2.42Exp: 2015-12-06Common Stock, par value $.0001 (75,000 underlying)
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2011-10-04$2.94/sh150,000$441,0000 total
    Exercise: $3.51Exp: 2020-09-15Common Stock, par value $.0001 (150,000 underlying)
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2011-10-04$3.68/sh50,000$184,0000 total
    Exercise: $2.77Exp: 2016-09-12Common Stock, par value $.0001 (50,000 underlying)
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2011-10-04$3.94/sh75,000$295,5000 total
    Exercise: $2.51Exp: 2017-09-11Common Stock, par value $.0001 (75,000 underlying)
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2011-10-04$4.07/sh100,000$407,0000 total
    Exercise: $2.38Exp: 2018-09-19Common Stock, par value $.0001 (100,000 underlying)
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2011-10-04$3.32/sh100,000$332,0000 total
    Exercise: $3.13Exp: 2019-09-15Common Stock, par value $.0001 (100,000 underlying)
Footnotes (7)
  • [F1]This option, which provided for vesting in four equal annual installments beginning on September 15, 2011, was canceled, pursuant to an Agreement and Plan of Merger, dated June 26, 2011, by and among Continucare Corporation, Metropolitan Health Networks, Inc. ("Metropolitan") and Cab Merger Sub, Inc., a wholly owned subsidiary of Metropolitan (the "Merger Agreement"), for a cash payment of $441,000, representing the difference between the exercise price of the option and $6.45.
  • [F2]This option, which provided for vesting in four equal annual installments beginning on September 11, 2008, was canceled, pursuant to the Merger Agreement, for a cash payment of $295,500, representing the difference between the exercise price of the option and $6.45.
  • [F3]This option, which provided for vesting in four equal annual installments beginning on September 12, 2007, was canceled, pursuant to the Merger Agreement, for a cash payment of $184,000, representing the difference between the exercise price of the option and $6.45.
  • [F4]This option, which provided for vesting in four equal annual installments beginning on September 19, 2009, was canceled, pursuant to the Merger Agreement, for a cash payment of $407,000, representing the difference between the exercise price of the option and $6.45.
  • [F5]This option, which provided for vesting in four equal annual installments beginning on December 6, 2006, was canceled, pursuant to the Merger Agreement, for a cash payment of $302,250, representing the difference between the exercise price of the option and $6.45.
  • [F6]This option, which provided for vesting in three equal annual installments beginning on June 14, 2005, was canceled, pursuant to the Merger Agreement, for a cash payment of $1,564,500, representing the difference between the exercise price of the option and $6.45.
  • [F7]This option, which provided for vesting in four equal annual installments beginning on September 15, 2010, was canceled, pursuant to the Merger Agreement, for a cash payment of $332,000, representing the difference between the exercise price of the option and $6.45.

Issuer

CONTINUCARE CORP

CIK 0000803352

Entity typeother

Related Parties

1
  • filerCIK 0001214346

Filing Metadata

Form type
4
Filed
Oct 5, 8:00 PM ET
Accepted
Oct 6, 5:43 PM ET
Size
20.0 KB