4//SEC Filing
Durata Therapeutics, Inc. 4
Accession 0001209191-14-069874
CIK 0001544116operating
Filed
Nov 18, 7:00 PM ET
Accepted
Nov 19, 12:17 PM ET
Size
14.4 KB
Accession
0001209191-14-069874
Insider Transaction Report
Form 4
Giles Lisa M.
Director
Transactions
- Disposition to Issuer
Common Stock
2014-11-17−2,500→ 0 total - Disposition to Issuer
Stock Option (right to buy)
2014-11-17−11,145→ 0 totalExercise: $7.16Exp: 2023-05-15→ Common stock (11,145 underlying) - Disposition to Issuer
Stock Option (right to buy)
2014-11-17−8,575→ 0 totalExercise: $16.15Exp: 2024-05-20→ Common stock (8,575 underlying) - Disposition to Issuer
Stock Option (right to buy)
2014-11-17−1,875→ 0 totalExercise: $7.16Exp: 2023-05-15→ Common stock (1,875 underlying) - Disposition to Issuer
Stock Option (right to buy)
2014-11-17−6,250→ 0 totalExercise: $9.38Exp: 2022-08-27→ Common stock (6,250 underlying)
Footnotes (2)
- [F1]Pursuant to the terms of that certain Agreement and Plan of Merger, dated as of October 5, 2014, by and among Durata Therapeutics, Inc., Actavis W.C. Holding Inc., and Delaware Merger Sub, Inc. (the "Merger Agreement") and the Offer (as defined in the Merger Agreement), each share of Durata common stock was validly tendered for $23 per share in cash plus one non-transferable contingent value right for each share (each a "CVR"), which represents the contractual right to receive up to $5.00 per share upon the achievement of certain milestones, subject to any required withholding of taxes.
- [F2]Pursuant to the terms of the Merger Agreement and the Offer, each stock option and share of restricted stock that was outstanding and unexercised as of the Offer Acceptance Time (as defined in the Merger Agreement), whether or not vested, was cancelled and converted into the right to receive $23 per share (minus the exercise price of the option) in cash plus one CVR which represents the contractual right to receive up to $5.00 per share upon the achievement of certain milestones, subject to any required withholding of taxes.
Documents
Issuer
Durata Therapeutics, Inc.
CIK 0001544116
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001544116
Filing Metadata
- Form type
- 4
- Filed
- Nov 18, 7:00 PM ET
- Accepted
- Nov 19, 12:17 PM ET
- Size
- 14.4 KB