Flora Scott D 4
4 · Invuity, Inc. · Filed Oct 23, 2018
Insider Transaction Report
Form 4
Invuity, Inc.IVTY
Flora Scott D
Director
Transactions
- Disposition to Issuer
Common Stock
2018-10-23−111,922→ 0 total - Disposition to Issuer
Common Stock
2018-10-23−25,281→ 111,922 total - Disposition to Issuer
Stock option (Right to buy)
2018-10-23−3,000→ 0 totalExercise: $6.98Exp: 2026-04-21→ Common Stock (3,000 underlying)
Footnotes (4)
- [F1]Disposed of pursuant to that certain Agreement and Plan of Merger between the Issuer, Stryker Corporation and Accipiter Corp., dated as of September 10, 2018 (the "Merger Agreement"), in exchange for a cash payment of $7.40 per share, without interest, subject to any required withholding of taxes (the "Offer Price").
- [F2]These securities were restricted stock units ("RSUs"), each of which represented a contingent right to receive one share of the Issuer's Common Stock.
- [F3]The RSUs were cancelled pursuant to the Merger Agreement in exchange for an amount in cash per underlying share equal to the Offer Price.
- [F4]The option was cancelled pursuant to the Merger Agreement in exchange for an amount in cash equal to the product of (a) the excess of the Offer Price over the per-share exercise price of such option multiplied by (b) the number of unexercised shares subject to such option.