CLEIN MARK P 4
4 · PSYCHIATRIC SOLUTIONS INC · Filed Nov 17, 2010
Insider Transaction Report
Form 4
CLEIN MARK P
Director
Transactions
- Disposition to Issuer
Option (Right to Buy)
2010-11-15$4.26/sh−8,000$34,080→ 0 totalExercise: $29.49Exp: 2016-05-16→ Common Stock (8,000 underlying) - Disposition to Issuer
Common Stock
2010-11-15$33.75/sh−16,804$567,135→ 0 total
Footnotes (2)
- [F1]Pursuant to the Agreement and Plan of Merger among Universal Health Services, Inc., Olympus Acquisition Corp. and Psychiatric Solutions, Inc., dated as of May 16, 2010 (the "Merger Agreement"), the shares were disposed of in exchange for the merger consideration of $33.75 per share.
- [F2]Pursuant to the Merger Agreement, each outstanding and unexercised option to purchase Common Stock, whether or not vested or exercisable, became fully vested and exercisable as of the effective time of the merger and was cancelled in exchange for a cash payment equal to the difference between the exercise price of the option and the merger consideration of $33.75 per share.