4//SEC Filing
GRIFFIN THOMAS E 4
Accession 0001209191-19-057929
CIK 0001343304other
Filed
Nov 24, 7:00 PM ET
Accepted
Nov 25, 4:19 PM ET
Size
17.8 KB
Accession
0001209191-19-057929
Insider Transaction Report
Form 4
AVEDRO INCAVDR
GRIFFIN THOMAS E
Chief Financial Officer
Transactions
- Disposition to Issuer
Common Stock
2019-11-21−12,507→ 0 total - Disposition to Issuer
Employee Stock Option (right to buy)
2019-11-21−109,832→ 0 totalExercise: $2.67Exp: 2027-06-26→ Common Stock (109,832 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2019-11-21−22,921→ 0 totalExercise: $3.69Exp: 2028-07-17→ Common Stock (22,921 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2019-11-21−6,093→ 0 totalExercise: $2.14Exp: 2028-01-30→ Common Stock (6,093 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2019-11-21−52,808→ 0 totalExercise: $12.73Exp: 2029-01-08→ Common Stock (52,808 underlying) - Disposition to Issuer
Restricted Stock Units
2019-11-21−15,093→ 0 total→ Common Stock (15,093 underlying)
Footnotes (4)
- [F1]Pursuant to the Agreement and Plan of Merger (the "Merger Agreement") dated as of August 7, 2019, by and among Avedro, Inc. (the "Issuer"), Glaukos Corporation ("Parent") and Atlantic Merger Sub, Inc., a Delaware corporation and wholly owned subsidiary of Parent ("Merger Sub"), on November 21, 2019, Merger Sub merged with and into the Issuer (the "Merger") with the Issuer continuing as the surviving corporation. Pursuant to the terms of the Merger Agreement, at the effective time of the Merger (the "Effective Time"), each share of common stock of the Issuer ("Issuer Common Stock") that was issued and outstanding immediately prior to the Effective Time was automatically cancelled and converted into the right to receive 0.365 of a share of Parent's common stock ("Parent Common Stock"). The closing price of shares of Parent Common Stock on November 21, 2019 was $63.07 per share.
- [F2]At the Effective Time, each outstanding and unexercised option to purchase Issuer Common Stock (whether vested or unvested) immediately prior to the Effective Time, was assumed by Parent and converted into an option to purchase shares of Parent Common Shares (rounded down to the nearest whole share) using a conversion ratio designed to preserve the intrinsic value of such option of Issuer. Certain of the options may be settled in cash based on the extent, if any, to which the fair market value of the shares underlying the options at the time of exercise exceeds the applicable exercise price of the options.
- [F3]Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
- [F4]At the Effective Time, each outstanding restricted stock unit ("Issuer RSU") (excluding any Issuer RSU that vested prior to or as a result of the consummation of the Merger and which settled in shares of Issuer Common Stock that were converted into the right to receive shares of Parent Common Stock as a result of the Merger) was assumed by Parent and converted into the right to receive shares of Parent Common Stock (rounded down to the nearest whole share) using a conversion ratio designed to preserve the intrinsic value of such Issuer RSU.
Documents
Issuer
AVEDRO INC
CIK 0001343304
Entity typeother
Related Parties
1- filerCIK 0001625114
Filing Metadata
- Form type
- 4
- Filed
- Nov 24, 7:00 PM ET
- Accepted
- Nov 25, 4:19 PM ET
- Size
- 17.8 KB