MAKO Surgical Corp. 4
4 · MAKO Surgical Corp. · Filed Dec 17, 2013
Insider Transaction Report
Form 4
Pruitt William D
Director
Transactions
- Disposition to Issuer
Director Stock Option (right to buy)
2013-12-17$20.90/sh−9,900$206,910→ 0 totalExercise: $9.10Exp: 2018-06-03→ Common Stock (9,900 underlying) - Disposition to Issuer
Director Stock Option (right to buy)
2013-12-17$18.36/sh−17,317$317,940→ 0 totalExercise: $11.64Exp: 2023-06-04→ Common Stock (17,317 underlying) - Disposition to Issuer
Director Stock Option (right to buy)
2013-12-17$4.54/sh−3,338$15,155→ 0 totalExercise: $25.46Exp: 2022-06-11→ Common Stock (3,338 underlying) - Disposition to Issuer
Common Stock
2013-12-17$30.00/sh−12,000$360,000→ 0 total(indirect: By Pruitt Enterprises, LP) - Disposition to Issuer
Director Stock Option (right to buy)
2013-12-17$21.30/sh−3,300$70,290→ 0 totalExercise: $8.70Exp: 2019-06-05→ Common Stock (3,300 underlying) - Disposition to Issuer
Director Stock Option (right to buy)
2013-12-17$17.13/sh−3,300$56,529→ 0 totalExercise: $12.87Exp: 2020-06-10→ Common Stock (3,300 underlying) - Disposition to Issuer
Common Stock
2013-12-17$30.00/sh−1,000$30,000→ 0 total(indirect: By Trust) - Disposition to Issuer
Common Stock
2013-12-17$30.00/sh−2,000$60,000→ 0 total(indirect: By Son) - Disposition to Issuer
Director Stock Option (right to buy)
2013-12-17$2.93/sh−3,300$9,669→ 0 totalExercise: $27.07Exp: 2021-06-16→ Common Stock (3,300 underlying)
Footnotes (5)
- [F1]Pursuant to the Agreement and Plan of Merger ("Merger Agreement"), dated September 25, 2013, by and among the issuer, Stryker Corporation, and Lauderdale Merger Corporation, each share of the issuer's common stock was exchanged for a cash payment of $30.00.
- [F2]The securities are held by Pruitt Enterprises, LP. The reporting person is one of five limited partners of Pruitt Enterprises, LP. The general partner of Pruitt Enterprises, LP is Pruitt Ventures, Inc. The reporting person is the President and sole director of Pruitt Ventures, Inc. The reporting person and his wife own a majority interest in Pruitt Ventures, Inc. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
- [F3]These shares are held in trust for the benefit of the reporting person's son. The reporting person's wife is the sole trustee for the trust. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
- [F4]The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
- [F5]Pursuant to the Merger Agreement, each outstanding stock option, whether vested or unvested, was canceled in exchange for a cash payment equal to the amount, if any, by which $30.00 exceeded the exercise price payable per share under each such stock option.