IZQUIERDO LUIS H 4
4 · CONTINUCARE CORP · Filed Oct 6, 2011
Insider Transaction Report
Form 4
IZQUIERDO LUIS H
Senior VP - Marketing
Transactions
- Disposition to Issuer
Stock Option (Right to Buy)
2011-10-04$3.32/sh−50,000$166,000→ 0 totalExercise: $3.13Exp: 2019-09-15→ Common Stock, par value $.0001 (50,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2011-10-04$2.94/sh−50,000$147,000→ 0 totalExercise: $3.51Exp: 2020-09-15→ Common Stock, par value $.0001 (50,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2011-10-04$4.94/sh−300,000$1,482,000→ 0 totalExercise: $1.51Exp: 2014-01-05→ Common Stock, par value $.0001 (300,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2011-10-04$3.68/sh−25,000$92,000→ 0 totalExercise: $2.77Exp: 2016-09-12→ Common Stock, par value $.0001 (25,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2011-10-04$4.07/sh−50,000$203,500→ 0 totalExercise: $2.38Exp: 2018-09-19→ Common Stock, par value $.0001 (50,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2011-10-04$3.94/sh−50,000$197,000→ 0 totalExercise: $2.51Exp: 2017-09-11→ Common Stock, par value $.0001 (50,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2011-10-04$4.03/sh−75,000$302,250→ 0 totalExercise: $2.42Exp: 2015-12-06→ Common Stock, par value $.0001 (75,000 underlying)
Footnotes (7)
- [F1]This option, which provided for vesting in four equal 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 $147,000, representing the difference between the exercise price of the option and $6.45.
- [F2]This option, which provided for vesting in four equal installments beginning on September 15, 2010, was canceled, pursuant to the Merger Agreement, for a cash payment of $166,000, representing the difference between the exercise price of the option and $6.45.
- [F3]This option, which provided for vesting in four equal installments beginning on September 19, 2009, was canceled, pursuant to the Merger Agreement, for a cash payment of $203,500, representing the difference between the exercise price of the option and $6.45.
- [F4]This option, which provided for vesting in three equal installments beginning on January 5, 2004, was canceled, pursuant to the Merger Agreement, for a cash payment of $1,482,000, representing the difference between the exercise price of the option and $6.45.
- [F5]This option, which provided for vesting in four equal installments beginning on September 11, 2008, was canceled, pursuant to the Merger Agreement, for a cash payment of $197,000, representing the difference between the exercise price of the option and $6.45.
- [F6]This option, which provided for vesting in four equal 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.
- [F7]This option, which provided for vesting in four equal installments beginning on September 12, 2007, was canceled, pursuant to the Merger Agreement, for a cash payment of $92,000, representing the difference between the exercise price of the option and $6.45.