IPC Healthcare, Inc. 4
4 · IPC Healthcare, Inc. · Filed Nov 25, 2015
Insider Transaction Report
Form 4
Taylor R Jeffrey
DirectorPresident & COO
Transactions
- Disposition to Issuer
Common Stock
2015-11-23−11,717→ 1,675 total - Disposition to Issuer
Common Stock
2015-11-23−20,685→ 1,675 total - Disposition to Issuer
Restricted Stock Units
2015-11-23−3,929→ 0 total→ Common Stock (3,929 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2015-11-23−20,000→ 0 totalExercise: $36.06Exp: 2022-03-01→ Common Stock (20,000 underlying) - Award
Common Stock
2015-11-23$38.89/sh+227$8,828→ 227 total - Disposition to Issuer
Performance Stock Units
2015-11-23−28,119→ 0 total→ Common Stock (28,119 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2015-11-23−44,266→ 0 totalExercise: $33.00Exp: 2020-03-03→ Common Stock (44,266 underlying) - Disposition from Tender
Common Stock
2015-11-23$80.25/sh−147,900$11,868,975→ 1,675 total - Award
Common Stock
2015-11-23+11,717→ 13,392 total - Award
Common Stock
2015-11-23+20,685→ 22,360 total - Disposition to Issuer
Common Stock
2015-11-23−1,675→ 0 total - Disposition from Tender
Common Stock
2015-11-23$80.25/sh−227$18,217→ 0 total - Disposition to Issuer
Restricted Stock Units
2015-11-23−5,214→ 0 total→ Common Stock (5,214 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2015-11-23−3,125→ 0 totalExercise: $1.60Exp: 2016-03-02→ Common Stock (3,125 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2015-11-23−39,063→ 0 totalExercise: $5.25Exp: 2017-07-19→ Common Stock (39,063 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2015-11-23−69,130→ 0 totalExercise: $15.90Exp: 2019-03-04→ Common Stock (69,130 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2015-11-23−7,432→ 0 totalExercise: $42.12Exp: 2020-02-27→ Common Stock (7,432 underlying) - Disposition to Issuer
Restricted Stock Units
2015-11-23−11,060→ 0 total→ Common Stock (11,060 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2015-11-23−53,000→ 0 totalExercise: $17.54Exp: 2018-03-19→ Common Stock (53,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2015-11-23−45,000→ 0 totalExercise: $45.97Exp: 2021-03-09→ Common Stock (45,000 underlying) - Disposition to Issuer
Stock Options (Right to Buy)
2015-11-23−6,141→ 0 totalExercise: $52.07Exp: 2021-03-05→ Common Stock (6,141 underlying)
Footnotes (4)
- [F1]Each performance-based restricted stock unit award and time-based restricted stock unit award was converted into awards with respect to shares of Team Health based on the exchange ratio set forth in the Agreement and Plan of Merger, dated as of August 4, 2015, among the issuer Team Health Holdings, Inc ("TMH") and IPC Healthcare, Inc. (the "Merger Agreement" ) and, for awards with performance periods that ended on or prior to the effective time, based on actual achievement of the underlying performance goals through such time.
- [F2]This restricted stock award which was scheduled to vest on or prior to March 1, 2016 was fully vested and cancelled pursuant to the Merger Agreement and converted into the right to receive an amount equal to the per share merger consideration of $80.25 (the Merger Consideration") multiplied by number of shares of the issuers common stock ("Shares") subject to such award.
- [F3]Shares acquired through the Company's Nonqualified Employee Stock Purchase Plan ("ESPP").
- [F4]These options were converted into options to purchase shares of TMH pursuant to the Merger Agreement on the same terms and conditions as applicable to these options, based on the exchange ratio set forth in the Merger Agreement.