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4//SEC Filing

SEQUENOM INC 4

Accession 0001209191-16-140451

CIK 0001076481operating

Filed

Sep 6, 8:00 PM ET

Accepted

Sep 7, 5:48 PM ET

Size

7.7 KB

Accession

0001209191-16-140451

Insider Transaction Report

Form 4
Period: 2016-09-07
Transactions
  • Disposition from Tender

    Common Stock

    2016-09-07112,9690 total
  • Disposition to Issuer

    Non-Qualified Stock Option (right to buy)

    2016-09-0720,0000 total
    Exercise: $1.11Exp: 2026-06-14Common Stock (20,000 underlying)
Footnotes (2)
  • [F1]Disposed of pursuant to an Agreement and Plan of Merger (the "Merger Agreement"), dated July 26, 2016, among the Issuer, Laboratory Corporation of America Holdings, a Delaware corporation ("Parent"), and Savoy Acquisition Corp., a Delaware corporation and a wholly owned subsidiary of Parent ("Purchaser") in exchange for a cash consideration of $2.40 per share, without interest, subject to any required withholding of taxes. Pursuant to the Merger Agreement, the Purchaser merged with and into the Issuer, with the Issuer surviving as a wholly-owned subsidiary of Parent (the "Merger").
  • [F2]This option was cancelled in the Merger in exchange for a cash payment equal to $2.40 per share (without interest) minus the per share exercise price of the option. In connection with the Merger, vesting of the option was accelerated and the option became fully vested and exercisable effective immediately prior to the effective time of the Merger.

Issuer

SEQUENOM INC

CIK 0001076481

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001076481

Filing Metadata

Form type
4
Filed
Sep 6, 8:00 PM ET
Accepted
Sep 7, 5:48 PM ET
Size
7.7 KB