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4//SEC Filing

Zeltiq Aesthetics Inc 4

Accession 0001209191-17-028622

CIK 0001415336operating

Filed

Apr 27, 8:00 PM ET

Accepted

Apr 28, 1:49 PM ET

Size

19.2 KB

Accession

0001209191-17-028622

Insider Transaction Report

Form 4
Period: 2017-04-28
Lamm Carl
Vice President of Operations
Transactions
  • Other

    Stock Option (right to buy)

    2017-04-281,2500 total
    Exercise: $4.30Exp: 2022-11-15Common Stock (1,250 underlying)
  • Other

    Stock Option (right to buy)

    2017-04-282,0360 total
    Exercise: $34.65Exp: 2025-02-18Common Stock (2,036 underlying)
  • Other

    Common Stock

    2017-04-2823,3650 total
  • Other

    Stock Option (right to buy)

    2017-04-281,7710 total
    Exercise: $20.88Exp: 2024-02-21Common Stock (1,771 underlying)
  • Other

    Stock Option (right to buy)

    2017-04-2817,8010 total
    Exercise: $23.03Exp: 2026-02-27Common Stock (17,801 underlying)
  • Other

    Stock Option (right to buy)

    2017-04-2812,4490 total
    Exercise: $40.89Exp: 2027-01-17Common Stock (12,449 underlying)
Footnotes (7)
  • [F1]Disposed of pursuant to the Agreement and Plan of Merger, dated as of February 13, 2017, by and among Allergan Holdco US, Inc., a wholly owned subsidiary of Allergan plc ("Allergan"), Blizzard Merger Sub, Inc. ("Merger Sub"), and the Issuer (the "Merger Agreement"), as approved by the board of directors of the Issuer, whereby Merger Sub merged with and into the Issuer, with the Issuer continuing on as the surviving corporation (the "Merger").
  • [F2]Pursuant to the terms of the Merger Agreement, out of the total of 23,365 shares held by the Reporting Person, (i) 5,297 shares were canceled and converted into the right to receive $56.50 per share in cash, without interest and subject to any applicable withholding of taxes (the "Merger Consideration"), and (ii) 18,068 shares, representing unvested restricted stock units, were converted into a corresponding award of restricted stock units with respect to ordinary shares of Allergan, on the same terms and conditions as were applicable under such restricted stock units, as adjusted based on an exchange ratio.
  • [F3]This vested option was canceled and converted in the Merger into the right to receive cash equal to the number of shares subject to such option multiplied by the excess, if any, of the Merger Consideration over the exercise price of such option.
  • [F4]Out of the total of 1,771 shares underlying this option, (a) 1,042 shares, representing the unvested portion of this option, were converted in the Merger into a corresponding option to purchase ordinary shares of Allergan, on the same terms and conditions as were applicable under such option, as adjusted based on an exchange ratio, and (b) 729 shares, representing the vested portion of this option, were canceled and converted in the Merger into the right to receive cash equal to the number of shares subject to such option multiplied by the excess, if any, of the Merger Consideration over the exercise price of such option.
  • [F5]Out of the total of 2,036 shares underlying this option, (a) 933 shares, representing the unvested portion of this option, were converted in the Merger into a corresponding option to purchase ordinary shares of Allergan, on the same terms and conditions as were applicable under such option, as adjusted based on an exchange ratio, and (b) 1,103 shares, representing the vested portion of this option, were canceled and converted in the Merger into the right to receive cash equal to the number of shares subject to such option multiplied by the excess, if any, of the Merger Consideration over the exercise price of such option.
  • [F6]Out of the total of 17,801 shares underlying this option, (a) 12,609 shares, representing the unvested portion of this option, were converted in the Merger into a corresponding option to purchase ordinary shares of Allergan, on the same terms and conditions as were applicable under such option, as adjusted based on an exchange ratio, and (b) 5,192 shares, representing the vested portion of this option, were canceled and converted in the Merger into the right to receive cash equal to the number of shares subject to such option multiplied by the excess, if any, of the Merger Consideration over the exercise price of such option.
  • [F7]This unvested option was converted in the Merger into a corresponding option to purchase ordinary shares of Allergan, on the same terms and conditions as were applicable under such option, as adjusted based on an exchange ratio.

Issuer

Zeltiq Aesthetics Inc

CIK 0001415336

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001415336

Filing Metadata

Form type
4
Filed
Apr 27, 8:00 PM ET
Accepted
Apr 28, 1:49 PM ET
Size
19.2 KB