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4//SEC Filing

Hill Raymond H 4

Accession 0001529930-11-000003

CIK 0001003124other

Filed

Dec 5, 7:00 PM ET

Accepted

Dec 6, 2:53 PM ET

Size

7.6 KB

Accession

0001529930-11-000003

Insider Transaction Report

Form 4
Period: 2011-12-05
Hill Raymond H
DirectorChief Executive Officer
Transactions
  • Disposition to Issuer

    Stock Options (to buy)

    2011-12-05150,0000 total
    Exercise: $28.54Exp: 2021-09-16Common Stock (150,000 underlying)
  • Disposition to Issuer

    Restricted Stock

    2011-12-0530,0000 total
Footnotes (2)
  • [F1]The shares of restricted stock were disposed of pursuant to the Agreement and Plan of Merger (the "Agreement"), by and among Pharmaceutical Product Development, Inc., Jaguar Holdings LLC and Jaguar Merger Sub, Inc. dated as of October 2, 2011, on the effective date of the merger contemplated by the Agreement (the "Merger"), and exchanged for 99,750 shares of Jaguar Holding Company I, Inc. common stock having a market value of $10.00 per share on the effective date of the Merger.
  • [F2]This option, which was scheduled to vest in three equal installments on September 16, 2012, September 16, 2013 and September 16, 2014, was cancelled pursuant to the Agreement and replaced with an option to purchase 498,750 shares of Jaguar Holding Company I, Inc.common stock having a market value of $10.00 per share on the effective date of the Merger.

Issuer

PHARMACEUTICAL PRODUCT DEVELOPMENT INC

CIK 0001003124

Entity typeother

Related Parties

1
  • filerCIK 0001529930

Filing Metadata

Form type
4
Filed
Dec 5, 7:00 PM ET
Accepted
Dec 6, 2:53 PM ET
Size
7.6 KB