4//SEC Filing
Patient Safety Technologies, Inc 4
Accession 0001213900-14-001736
CIK 0000812301operating
Filed
Mar 24, 8:00 PM ET
Accepted
Mar 25, 9:40 PM ET
Size
10.3 KB
Accession
0001213900-14-001736
Insider Transaction Report
Form 4
Stewart Brian
VP Business Development
Transactions
- Disposition to Issuer
Common Stock, par value $0.0001
2014-03-24$2.22/sh−1,359,253$3,017,542→ 0 total - Disposition to Issuer
Options for Common Stock, par value $0.0001
2014-03-24$2.22/sh−1,500,000$3,330,000→ 0 totalExercise: $0.80From: 2014-03-24Exp: 2020-11-15→ Common Stock (1,500,000 underlying) - Disposition to Issuer
Options for Common Stock, par value $0.0001
2014-03-24$2.22/sh−100,000$222,000→ 0 totalExercise: $1.20From: 2014-03-24Exp: 2022-01-30→ Common Stock (100,000 underlying)
Footnotes (1)
- [F1]On December 31, 2013, Patient Safety Technologies, Inc. ("Patient Safety"), Styker Corporation ("Stryker") and PS Merger Sub Inc., a wholly owned subsidiary of Stryker ("Purchaser"), entered into an agreement (the "Merger Agreement") pursuant to which Purchaser was merged into Patient Safety and ceased to exist and Patient Safety remained as the surviving corporation and a wholly owned subsidiary of Stryker (the "Merger"). Pursuant to the Merger Agreement, at the effective time each holder of Patient Safety Common Stock would receive $2.22 per share, each holder of Patient Safety Series A Convertible Preferred Stock would receive $100.00 per share and each holder of Patient Safety Series B Convertible Preferred Stock would receive $296.00 per share. The Merger was consummated on March 24, 2014.
Documents
Issuer
Patient Safety Technologies, Inc
CIK 0000812301
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000812301
Filing Metadata
- Form type
- 4
- Filed
- Mar 24, 8:00 PM ET
- Accepted
- Mar 25, 9:40 PM ET
- Size
- 10.3 KB