PATTON THOMAS M 4
4 · CAS MEDICAL SYSTEMS INC · Filed Apr 22, 2019
Insider Transaction Report
Form 4
PATTON THOMAS M
DirectorPRESIDENT & CEO
Transactions
- Disposition to Issuer
Stock Option
2019-04-18−100,000→ 0 totalExercise: $1.79Exp: 2024-12-18→ Common Stock (100,000 underlying) - Disposition to Issuer
Stock Option
2019-04-18−100,000→ 0 totalExercise: $2.18Exp: 2022-12-17→ Common Stock (100,000 underlying) - Disposition to Issuer
Stock Option
2019-04-18−100,000→ 0 totalExercise: $1.87Exp: 2023-12-16→ Common Stock (100,000 underlying) - Disposition to Issuer
Stock Option
2019-04-18−60,000→ 0 totalExercise: $0.67Exp: 2027-12-21→ Common Stock (60,000 underlying) - Disposition to Issuer
Common Stock
2019-04-18$2.45/sh−930,889$2,280,678→ 150,000 total - Disposition to Issuer
Stock Option
2019-04-18−350,000→ 0 totalExercise: $2.10Exp: 2020-08-27→ Common Stock (350,000 underlying) - Disposition to Issuer
Common Stock
2019-04-18−150,000→ 0 total - Disposition to Issuer
Stock Option
2019-04-18−100,000→ 0 totalExercise: $1.69Exp: 2021-12-08→ Common Stock (100,000 underlying)
Footnotes (8)
- [F1]Each issued and outstanding share of common stock was, as a result of the consummation of the merger contemplated by the Agreement and Merger by and among CAS Medical Systems, Inc., Edwards Lifesciences Holding, Inc. and Crown Merger Sub, Inc., dated as of February 11, 2019 (the "Merger Agreement"), canceled in exchange for the right to receive a per share amount equal to $2.45 in cash without interest.
- [F2]These restricted shares were, as a result of the consummation of the merger contemplated by the Merger Agreement, canceled on April 18, 2019 for no consideration.
- [F3]This option, which vested in equal monthly installments over a four year period commencing on August 27, 2010, was, as a result of the consummation of the merger contemplated by the Merger Agreement, canceled in exchange for a cash payment equal to the product of the number of shares subject to such option multiplied by the excess of $2.45 over the exercise price per share of such option.
- [F4]This option, which vested in four equal annual installments commencing on December 8, 2011, was, as a result of the consummation of the merger contemplated by the Merger Agreement, canceled in exchange for a cash payment equal to the product of the number of shares subject to such option multiplied by the excess of $2.45 over the exercise price per share of such option.
- [F5]This option, which vested in four equal annual installments commencing on December 17, 2012, was, as a result of the consummation of the merger contemplated by the Merger Agreement, canceled in exchange for a cash payment equal to the product of the number of shares subject to such option multiplied by the excess of $2.45 over the exercise price per share of such option.
- [F6]This option, which vested in four equal annual installments commencing on December 16, 2014, was, as a result of the consummation of the merger contemplated by the Merger Agreement, canceled in exchange for a cash payment equal to the product of the number of shares subject to such option multiplied by the excess of $2.45 over the exercise price per share of such option.
- [F7]This option, which vested in four equal annual installments commencing on December 18, 2015, was, as a result of the consummation of the merger contemplated by the Merger Agreement, canceled in exchange for a cash payment equal to the product of the number of shares subject to such option multiplied by the excess of $2.45 over the exercise price per share of such option.
- [F8]This option, which vested in four equal annual installments commencing on December 21, 2018, was, as a result of the consummation of the merger contemplated by the Merger Agreement, canceled in exchange for a cash payment equal to the product of the number of shares subject to such option multiplied by the excess of $2.45 over the exercise price per share of such option.