VERENIUM CORP 4
4 · VERENIUM CORP · Filed Nov 4, 2013
Insider Transaction Report
Form 4
VERENIUM CORPVRNM
WENZINGER CHERYL
Director
Transactions
- Disposition to Issuer
Non-Qualified Stock Option (Right to Buy)
2013-10-31−1,655→ 0 totalExercise: $3.00Exp: 2020-06-16→ Common Stock (1,655 underlying) - Disposition to Issuer
Non-Qualified Stock Option (Right to Buy)
2013-10-31−6,000→ 0 totalExercise: $2.14Exp: 2021-05-26→ Common Stock (6,000 underlying) - Disposition to Issuer
Non-Qualified Stock Option (Right to Buy)
2013-10-31−6,000→ 0 totalExercise: $2.29Exp: 2023-06-17→ Common Stock (6,000 underlying) - Disposition to Issuer
Non-Qualified Stock Option (Right to Buy)
2013-10-31−428→ 0 totalExercise: $3.05Exp: 2020-06-15→ Common Stock (428 underlying) - Disposition to Issuer
Non-Qualified Stock Option (Right to Buy)
2013-10-31−10,534→ 0 totalExercise: $3.85Exp: 2019-11-12→ Common Stock (10,534 underlying) - Disposition to Issuer
Common Stock
2013-10-31$4.00/sh−417$1,668→ 0 total - Disposition to Issuer
Non-Qualified Stock Option (Right to Buy)
2013-10-31−6,000→ 0 totalExercise: $3.42Exp: 2022-06-21→ Common Stock (6,000 underlying)
Footnotes (2)
- [F1]Pursuant the terms of that certain Agreement and Plan of Merger, dated as of September 19, 2013, by and among Verenium Corporation ("Verenium"), BASF Corporation and Pastinaca Acquisition Inc. (the "Merger Agreement") and the Offer (as defined in the Merger Agreement), each share of Verenium common stock was validly tendered for $4.00 per share in cash, subject to any required withholding of taxes.
- [F2]Pursuant the terms of the Merger Agreement, each stock option held by the Reporting Person that was outstanding and unexercised as of the Purchase Time (as defined in the Merger Agreement), whether or not vested, was cancelled and converted into the right to receive $4.00 per share (minus the exercise price of the option) in cash, subject to any required withholding of taxes.