4//SEC Filing
Lindstrom Richard 4
Accession 0001493152-20-012960
CIK 0001299139other
Filed
Jul 8, 8:00 PM ET
Accepted
Jul 9, 4:14 PM ET
Size
10.0 KB
Accession
0001493152-20-012960
Insider Transaction Report
Form 4
TearLab CorpTEAR
Lindstrom Richard
Director
Transactions
- Disposition from Tender
Common Stock
2020-07-09$0.06/sh−14,778$866→ 0 total - Disposition from Tender
Common Stock
2020-07-09$0.06/sh−6,000$352→ 0 total(indirect: See footnote) - Disposition from Tender
Warrant (right to purchase)
2020-07-09$243.29/sh−6,666$1,621,771→ 0 totalExercise: $11.25Exp: 2021-05-09→ Common Stock (6,666 underlying)
Footnotes (4)
- [F1]Pursuant to the terms of the Agreement and Plan of Merger, dated May 11, 2020 (the "Merger Agreement"), among Accelmed Partners II LP, a Cayman Islands exempted limited partnership ("Buyer"), the Issuer and Accelmed Merger Sub, Inc., a Delaware corporation and a wholly owned subsidiary of Buyer, each issued and outstanding share of Issuer common stock and preferred stock (other than Cancelled Shares (as defined in the Merger Agreement)) was cancelled and automatically converted into the right to receive an amount equal to $0.0586 per share in cash, without interest and less any required withholding taxes, effective at the time of the Merger (as defined in the Merger Agreement).
- [F2]Shares held by Lindstrom Family #2 Limited Partnership.
- [F3]The warrant will be exercisable from the later of (i) stockholder approval to increase the authorized number of shares of common stock of the Issuer, and (ii) 12 months from the date of issuance and will expire five years from the date on which such warrant becomes exercisable.
- [F4]Pursuant to the terms of the Warrant Termination Agreement by and between the Reporting Person and the Issuer, effective July 2, 2020, immediately prior to the consummation of Merger, the warrant automatically terminated and the Reporting Person is entitled to receive a total payment of $243.29 in exchange for such cancellation, to be paid within five (5) days following the consummation of the Merger.
Documents
Issuer
TearLab Corp
CIK 0001299139
Entity typeother
Related Parties
1- filerCIK 0001310585
Filing Metadata
- Form type
- 4
- Filed
- Jul 8, 8:00 PM ET
- Accepted
- Jul 9, 4:14 PM ET
- Size
- 10.0 KB