Home/Filings/4/0001214659-07-001104
4//SEC Filing

DENDRITE INTERNATIONAL INC 4

Accession 0001214659-07-001104

CIK 0000880321operating

Filed

May 10, 8:00 PM ET

Accepted

May 11, 6:35 PM ET

Size

8.0 KB

Accession

0001214659-07-001104

Insider Transaction Report

Form 4
Period: 2007-05-09
Transactions
  • Disposition to Issuer

    Common Stock

    2007-05-09$16.00/sh98,531$1,576,4960 total
  • Disposition to Issuer

    Options to Purchase Common Stock

    2007-05-09$1.61/sh275,000$442,7500 total
    Exercise: $14.39Common Stock (275,000 underlying)
Footnotes (3)
  • [F1]Disposed of pursuant to the Agreement and Plan of Merger by and among the Issuer, Cegedim SA and Dogwood Enterprises, Inc., dated as of March 1, 2007, in exchange for a $16.00 cash payment (without interest and less applicable withholding taxes) for (i) each share of Common Stock of the Issuer held by the reporting person and (ii) each share of Common Stock of the Issuer underlying each restricted stock unit held by the reporting person.
  • [F2]Options outstanding under the Company's stock plans, whether or not exercisable or vested, were canceled as of the effective time of the Issuer's merger with Cegedim SA (May 9, 2007), and holders of options are to receive a cash payment (without interest and less applicable withholding taxes) equal to the excess, if any, of $16.00 over the exercise price of such option, multiplied by the number of shares of Common Stock of the Issuer covered by each such option.
  • [F3]These options are fully vested and provided for an expiration date of December 20, 2015.

Issuer

DENDRITE INTERNATIONAL INC

CIK 0000880321

Entity typeoperating
IncorporatedNJ

Related Parties

1
  • filerCIK 0000880321

Filing Metadata

Form type
4
Filed
May 10, 8:00 PM ET
Accepted
May 11, 6:35 PM ET
Size
8.0 KB