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4//SEC Filing

DUSA PHARMACEUTICALS INC 4

Accession 0001209191-12-058840

CIK 0000879993operating

Filed

Dec 19, 7:00 PM ET

Accepted

Dec 20, 4:58 PM ET

Size

9.8 KB

Accession

0001209191-12-058840

Insider Transaction Report

Form 4
Period: 2012-12-20
Transactions
  • Disposition from Tender

    Common Stock

    2012-12-20$8.00/sh10,000$80,0000 total
  • Disposition from Tender

    Common Stock

    2012-12-20$8.00/sh10,000$80,0000 total
  • Disposition to Issuer

    Non-qualified Stock Options

    2012-12-2015,0000 total
    Exercise: $2.34From: 2010-08-27Exp: 2017-08-27Common Stock (15,000 underlying)
Footnotes (2)
  • [F1]These shares are restricted shares. Pursuant to the Agreement and Plan of Merger, dated as of November 8, 2012, by and among, Sun Pharmaceutical Industries Limited as assigned to Caraco Pharmaceutical Laboratories, Ltd., Caraco Acquisition Corporation and DUSA Pharmaceuticals, Inc. (the "Merger Agreement"), immediately prior to the date and time the merger becomes effective, each restricted share that is then outstanding and unvested shall immediately vest and become nonforfeitable, all restrictions and conditions applicable thereto shall lapse, and each restricted share shall be treated in the same manner as each other share of Company Common Stock in the merger and is cancelled in exchange for the right to receive cash payment for each such restricted share of $8.00.
  • [F2]Pursuant to the Merger Agreement, each in-the-money stock option, whether vested or unvested, that is outstanding immediately prior to the Acceptance Time shall become fully vested immediately prior to the Acceptance Time, and be cancelled as of the Acceptance Time in exchange for the right to receive at such time a lump sum cash payment of an amount equal to (i) the Offer Price less (ii) the exercise price payable in respect of each such share of Company Common Stock issuable under such option, net of applicable taxes, if any, with respect to such option.

Issuer

DUSA PHARMACEUTICALS INC

CIK 0000879993

Entity typeoperating
IncorporatedNJ

Related Parties

1
  • filerCIK 0000879993

Filing Metadata

Form type
4
Filed
Dec 19, 7:00 PM ET
Accepted
Dec 20, 4:58 PM ET
Size
9.8 KB