Purcell Michael J. 4
4 · Tabula Rasa HealthCare, Inc. · Filed Nov 14, 2023
Insider Transaction Report
Form 4
Purcell Michael J.
Director
Transactions
- Disposition to Issuer
Common Stock
2023-11-03−88,514→ 50,808 total - Disposition to Issuer
Common Stock
2023-11-03−50,808→ 0 total
Footnotes (2)
- [F1]Upon the consummation of the merger (the "Merger") contemplated by that certain Agreement and Plan of Merger, by and among Tabula Rasa HealthCare, Inc. (the "Company"), Locke Buyer, LLC and Locke Merger Sub, Inc., dated August 5, 2023 (the "Merger Agreement"), 88,514 shares of common stock of the Company ("Common Stock") were converted into the right to receive a cash payment of $929,397, representing the product obtained by multiplying (x) the number of shares of Common Stock owned by the reporting person, by (y) the offer price ($10.50).
- [F2]Upon the consummation of the Merger, pursuant to the Merger Agreement, 50,808 unvested restricted stock awards ("RSAs") were cancelled and converted into the right to receive a cash payment of $533,484, representing the product obtained by multiplying (x) the aggregate number of shares of Common Stock underlying the RSAs, by (y) the offer price ($10.50).