TAMINCO Corp 4
4 · TAMINCO Corp · Filed Dec 5, 2014
Insider Transaction Report
Form 4
TAMINCO CorpTAM
Vanneste Pat
EVP Strategy, R&D, M&A
Transactions
- Disposition to Issuer
Common Stock
2014-12-05$26.00/sh−360,351$9,369,126→ 0 total - Disposition to Issuer
Option
2014-12-05$19.95/sh−371,688$7,415,176→ 0 totalExercise: $6.05→ Common Stock (371,688 underlying) - Award
Option
2014-12-05+247,785→ 371,688 totalExercise: $6.05→ Common Stock (247,785 underlying)
Footnotes (3)
- [F1]Disposed of pursuant to the merger agreement between Taminco Corporation and Eastman Chemical Company and Stella Merger Corp.
- [F2]The reporting person was granted an option to purchase 247,785 shares of common stock of Taminco Corporation. The option vests based on Taminco Corporation's satisfaction of certain performance criteria. As a result of the merger, the performance criteria were met, resulting in vesting of the full option.
- [F3]This option, which provided for vesting in five equal annual installments (subject to continued employment), beginning on February 24, 2012, was accelerated and considered fully vested in connection with the merger. In connection with the merger, the option was cancelled in exchange for a cash payment representing the difference between the exercise price of the option and the merger consideration paid for common stock of Taminco Corporation.