4//SEC Filing
STAPLE PETER D 4
Accession 0001567619-18-007075
CIK 0001594337other
Filed
Nov 27, 7:00 PM ET
Accepted
Nov 28, 8:02 PM ET
Size
51.3 KB
Accession
0001567619-18-007075
Insider Transaction Report
Form 4
STAPLE PETER D
DirectorPresident & CEO
Transactions
- Disposition to Issuer
Employee Stock Option (Right to Buy)
2018-11-27$12.50/sh−10,714$133,925→ 0 totalExercise: $2.22Exp: 2023-02-19→ Common Stock (10,714 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2018-11-27$12.50/sh−135,577$1,694,713→ 0 totalExercise: $5.50Exp: 2024-12-02→ Common Stock (135,577 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2018-11-27$12.50/sh−75,604$945,050→ 0 totalExercise: $4.14Exp: 2024-01-26→ Common Stock (75,604 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2018-11-27$12.50/sh−12,594$157,425→ 0 totalExercise: $7.94Exp: 2025-12-07→ Common Stock (12,594 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2018-11-27$12.50/sh−42,969$537,113→ 0 totalExercise: $11.59Exp: 2027-11-30→ Common Stock (42,969 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2018-11-27$12.50/sh−135,903$1,698,788→ 0 totalExercise: $11.59Exp: 2027-11-30→ Common Stock (135,903 underlying) - Disposition to Issuer
Common Stock
2018-11-27$12.50/sh−34,878$435,975→ 0 total(indirect: By Trust) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2018-11-27$12.50/sh−34,289$428,613→ 0 totalExercise: $2.22Exp: 2022-12-12→ Common Stock (34,289 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2018-11-27$12.50/sh−32,144$401,800→ 0 totalExercise: $2.22Exp: 2023-02-19→ Common Stock (32,144 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2018-11-27$12.50/sh−16,194$202,425→ 0 totalExercise: $5.50Exp: 2024-12-02→ Common Stock (16,194 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2018-11-27$12.50/sh−72,917$911,463→ 0 totalExercise: $7.94Exp: 2025-12-07→ Common Stock (72,917 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2018-11-27$12.50/sh−89,844$1,123,050→ 0 totalExercise: $4.59Exp: 2026-12-21→ Common Stock (89,844 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2018-11-27$12.50/sh−14,489$181,113→ 0 totalExercise: $7.94Exp: 2025-12-07→ Common Stock (14,489 underlying) - Disposition to Issuer
Common Stock
2018-11-27$12.50/sh−291,397$3,642,463→ 0 total - Disposition to Issuer
Employee Stock Option (Right to Buy)
2018-11-27$12.50/sh−51,128$639,100→ 0 totalExercise: $4.14Exp: 2024-01-26→ Common Stock (51,128 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2018-11-27$12.50/sh−75,719$946,488→ 0 totalExercise: $2.22Exp: 2022-12-12→ Common Stock (75,719 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2018-11-27$12.50/sh−3,229$40,363→ 0 totalExercise: $5.50Exp: 2024-12-02→ Common Stock (3,229 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2018-11-27$12.50/sh−75,870$948,375→ 0 totalExercise: $4.59Exp: 2026-12-21→ Common Stock (75,870 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2018-11-27$12.50/sh−21,786$272,325→ 0 totalExercise: $4.59Exp: 2026-12-21→ Common Stock (21,786 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2018-11-27$12.50/sh−8,628$107,850→ 0 totalExercise: $11.59Exp: 2027-11-30→ Common Stock (8,628 underlying) - Disposition to Issuer
Restricted Stock Units (RSU)
2018-11-27$12.50/sh−23,437$292,963→ 0 total→ Common Stock (23,437 underlying) - Disposition to Issuer
Restricted Stock Units (RSU)
2018-11-27$12.50/sh−31,250$390,625→ 0 total→ Common Stock (31,250 underlying)
Footnotes (4)
- [F1]Pursuant to the Agreement and Plan of Merger, dated as of October 11, 2018 (the "Merger Agreement"), between Corium International, Inc. (the "Company"), Gurnet Holding Company ("Parent") and Gurnet Merger Sub, Inc., a wholly-owned subsidiary of Parent ("Merger Sub"), Merger Sub was merged with and into the Company, with the Company continuing as the surviving corporation and a wholly-owned subsidiary of Parent (the "Merger"). Pursuant to the Merger Agreement, at the effective time of the Merger, each issued and outstanding share of common stock, par value $0.001 per share, of the Company (each, a "Share") was converted into the right to receive (i) $12.50 per Share in cash, plus (ii) one non-transferable contingent value right per Share, which represents the contractual right to receive $0.50 per Share in cash (a "CVR").
- [F2]Pursuant to the Merger Agreement, at the effective time of the Merger, each option to purchase Shares that was vested and outstanding was cancelled and converted into the right to receive (i) an amount in cash equal to the product of (x) the number of vested Shares issuable under such option multiplied by (y) the excess of (A) $12.50 over (B) the per share exercise price of such option, plus (ii) one CVR for each Share issuable under such option. This option is fully vested.
- [F3]Pursuant to the Merger Agreement, at the effective time of the Merger, each unvested option to purchase Shares that was unexpired, unexercised and outstanding was converted into and substituted for the right to receive an amount equal to the product of (x) the number of unvested Shares issuable under such option multiplied by (y) the excess of (A) $12.50 over (B) the per share exercise price of such option. This consideration will be paid monthly in accordance with the monthly vesting schedule that originally was applicable to such option.
- [F4]Pursuant to the Merger Agreement, at the effective time of the Merger, each unvested RSU outstanding that had not yet been settled was converted into and substituted for the right to receive an amount equal to the product of (x) the number of Shares issuable under such RSU multiplied by $12.50. This consideration will be paid annually in accordance with the annual vesting schedule that originally was applicable to such RSU.
Documents
Issuer
Corium International, Inc.
CIK 0001594337
Entity typeother
Related Parties
1- filerCIK 0001271088
Filing Metadata
- Form type
- 4
- Filed
- Nov 27, 7:00 PM ET
- Accepted
- Nov 28, 8:02 PM ET
- Size
- 51.3 KB