4//SEC Filing
Lussow Alexander R 4
Accession 0001455244-12-000071
CIK 0000827809other
Filed
Dec 27, 7:00 PM ET
Accepted
Dec 28, 5:08 PM ET
Size
18.8 KB
Accession
0001455244-12-000071
Insider Transaction Report
Form 4
QLT INC/BCQLTI
Lussow Alexander R
Sr. VP, Bus. Dev. & Comm. Op.
Transactions
- Sale
Common Stock
2012-12-27$7.53/sh−180,000$1,354,734→ 20,000 total - Exercise/Conversion
Employee Stock Option (right to buy)
2012-12-27−100,000→ 0 totalExercise: $2.45Exp: 2014-05-04→ Common Stock (100,000 underlying) - Exercise/Conversion
Common Stock
2012-12-27$2.45/sh+100,000$245,000→ 120,000 total - Exercise/Conversion
Common Stock
2012-12-27$6.30/sh+80,000$504,000→ 200,000 total - Exercise/Conversion
Common Stock
2012-12-28$3.75/sh+50,000$187,500→ 70,000 total - Sale
Common Stock
2012-12-28$7.51/sh−50,000$375,315→ 20,000 total - Exercise/Conversion
Employee Stock Option (right to buy)
2012-12-27−80,000→ 0 totalExercise: $6.30Exp: 2015-05-21→ Common Stock (80,000 underlying) - Exercise/Conversion
Employee Stock Option (right to buy)
2012-12-28−50,000→ 0 totalExercise: $3.75Exp: 2013-05-17→ Common Stock (50,000 underlying)
Footnotes (6)
- [F1]Price reflects the conversion of Canadian dollars to US dollars based on the exchange rate in effect as of the date of the reportable event.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.51 to $7.7033 inclusive. The reporting person undertakes to provide to QLT Inc., any security holder of QLT Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2) and (3) to this Form 4.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.48 to $7.56 inclusive.
- [F4]The option vested in 36 equal monthly installments measured from May 4, 2009 and became fully exercisable on May 4, 2012.
- [F5]The option originally providing for vesting in 36 equal monthly installments measured from May 21, 2010. However, in connection with a change in control of the Company (as defined in the option agreement), the unvested shares under such option were accelerated and became fully exercisable on June 4, 2012.
- [F6]The option vested in 36 equal monthly installments measured from May 17, 2008 and became fully exercisable on May 17, 2011.
Documents
Issuer
QLT INC/BC
CIK 0000827809
Entity typeother
Related Parties
1- filerCIK 0001369220
Filing Metadata
- Form type
- 4
- Filed
- Dec 27, 7:00 PM ET
- Accepted
- Dec 28, 5:08 PM ET
- Size
- 18.8 KB