4//SEC Filing
Besier Klaus P 4
Accession 0001217747-12-000035
CIK 0001026650other
Filed
Jul 5, 8:00 PM ET
Accepted
Jul 6, 4:08 PM ET
Size
10.1 KB
Accession
0001217747-12-000035
Insider Transaction Report
Form 4
Besier Klaus P
Director
Transactions
- Disposition to Issuer
Common Stock, $.01 par value
2012-07-03$8.00/sh−10,570$84,560→ 0 total - Disposition to Issuer
Option (Right to Buy)
2012-07-03$1.79/sh−10,870$19,457→ 0 totalExercise: $6.21Exp: 2021-05-03→ Common Stock, $.01 par value (10,870 underlying) - Disposition to Issuer
Option (Right to Buy)
2012-07-03$1.91/sh−11,130$21,258→ 0 totalExercise: $6.09Exp: 2020-12-07→ Common Stock, $.01 par value (11,130 underlying)
Footnotes (3)
- [F1]These shares were disposed of pursuant to the Agreement and Plan of Merger dated as of April 9, 2012 by and among eResearchTechnology, Inc., Explorer Holdings, Inc. and Explorer Acquisition Corp. in exchange for a cash payment of $84,560 representing the per share consideration paid in the merger.
- [F2]This option, which vested in three equal annual installments commencing on May 3, 2012, was canceled pursuant to the Agreement and Plan of Merger dated as of April 9, 2012 by and among eResearchTechnology, Inc., Explorer Holdings, Inc. and Explorer Acquisition Corp. in exchange for a cash payment of $19,457.30, representing the difference between the exercise price of the option and the per share consideration paid in the merger.
- [F3]This option, which vested on December 7, 2010, was canceled pursuant to the Agreement and Plan of Merger dated as of April 9, 2012 by and among eResearchTechnology, Inc., Explorer Holdings, Inc. and Explorer Acquisition Corp. in exchange for a cash payment of $21,258.30, representing the difference between the exercise price of the option and the per share consideration paid in the merger.
Documents
Issuer
ERESEARCHTECHNOLOGY INC /DE/
CIK 0001026650
Entity typeother
Related Parties
1- filerCIK 0001345892
Filing Metadata
- Form type
- 4
- Filed
- Jul 5, 8:00 PM ET
- Accepted
- Jul 6, 4:08 PM ET
- Size
- 10.1 KB