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4//SEC Filing

PHARMACEUTICAL PRODUCT DEVELOPMENT INC 4

Accession 0001219890-11-000005

CIK 0001003124operating

Filed

Dec 5, 7:00 PM ET

Accepted

Dec 6, 9:14 AM ET

Size

7.5 KB

Accession

0001219890-11-000005

Insider Transaction Report

Form 4
Period: 2011-12-05
Transactions
  • Disposition to Issuer

    Common Stock

    2011-12-05$33.25/sh1,139$37,8720 total
  • Disposition to Issuer

    Stock Options (to buy)

    2011-12-059,0950 total
    Exercise: $28.52Common Stock (9,095 underlying)
Footnotes (2)
  • [F1]Pursuant to the Agreement and Plan of Merger (the "Agreement") by and among Pharmaceutical Prodcut Development, Inc., Jaguar Holdings, LLC and Jaguar Merger Sub, Inc. dated as of October 2, 2011, on the effective date of the merger contemplated by the Agreement (the "Merger"), each of these shares of common stock was automatically converted into the right to receive $33.25.
  • [F2]These stock options were cancelled pursuant to the Merger in exchange for a cash payment equal to the difference (if any) between the exercise price of the stock options and $33.25 multiplied by the number of shares subject to such stock options less any applicable withholding taxes.

Issuer

PHARMACEUTICAL PRODUCT DEVELOPMENT INC

CIK 0001003124

Entity typeoperating
IncorporatedNC

Related Parties

1
  • filerCIK 0001003124

Filing Metadata

Form type
4
Filed
Dec 5, 7:00 PM ET
Accepted
Dec 6, 9:14 AM ET
Size
7.5 KB