Volcano Corp 4
4 · Volcano Corp · Filed Feb 19, 2015
Insider Transaction Report
Form 4
Volcano CorpVOLC
Onopchenko John
Director
Transactions
- Disposition to Issuer
Performance Shares
2015-02-17$18.00/sh−9,354$168,372→ 0 totalExercise: $0.00→ Common Stock (9,354 underlying) - Disposition to Issuer
Common Stock
2015-02-17$18.00/sh−3,834$69,012→ 0 total - Disposition to Issuer
Restricted Stock Units
2015-02-17$18.00/sh−2,136$38,448→ 0 totalExercise: $0.00→ Common Stock (2,136 underlying) - Disposition to Issuer
Restricted Stock Units
2015-02-17−2,193→ 0 totalExercise: $0.00→ Common Stock (2,193 underlying) - Disposition to Issuer
Restricted Stock Units
2015-02-17$18.00/sh−9,354$168,372→ 0 totalExercise: $0.00→ Common Stock (9,354 underlying)
Footnotes (3)
- [F1]Per the terms of the Agreement and Plan of Merger, dated as of December 16, 2014, among the Company, Philips Holding USA Inc., a Delaware corporation, and Clearwater Merger Sub, Inc., a Delaware corporation (the "Merger Agreement") and the Offer (as defined in the Merger Agreement), each share of Volcano common stock was validly tendered for $18.00 per share in cash, without interest and less any required withholding taxes.
- [F2]Per the terms of the Merger Agreement, each outstanding performance restricted stock unit ("PRSU") that was outstanding as of immediately prior to the Offer Acceptance Time (as defined in the Merger Agreement) was cancelled in its entirety and converted into the right to receive cash in an amount equal to $18.00 per share in cash, without interest and less any required withholding taxes, with respect to the target number of shares subject to the PRSU.
- [F3]Per the terms of the Merger Agreement, each restricted stock unit award that was outstanding as of immediately prior to the Offer Acceptance Time (as defined in the Merger Agreement), was cancelled and converted into the right to receive cash in amount equal to $18.00 per share in cash, without interest and less any required withholding taxes.