Schwartz Kenneth 4
4 · PROSPECT MEDICAL HOLDINGS INC · Filed Dec 16, 2010
Insider Transaction Report
Form 4
Schwartz Kenneth
Director
Transactions
- Disposition to Issuer
Common Stock
2010-12-15$8.50/sh−101,802$865,317→ 0 total - Disposition to Issuer
Option (right to buy)
2010-12-15$2.69/sh−30,000$80,700→ 0 totalExercise: $5.81From: 2007-01-18Exp: 2012-01-18→ Common Stock (30,000 underlying)
Footnotes (2)
- [F1]Disposed of upon the merger (the "merger") consummated pursuant to the Agreement and Plan of Merger, dated as of August 16, 2010, among the issuer, Ivy Holdings Inc. ("Ivy Holdings"), and Ivy Merger Sub Corp. ("Merger Sub"), a wholly owned indirect subsidiary of Ivy Holdings ("Merger Agreement") in exchange for a cash payment of $8.50 per share.
- [F2]These options were canceled in the merger in exchange for a cash payment representing the difference between the exercise price of the option and the merger consideration of $8.50 per share.