4//SEC Filing
SIRONA DENTAL SYSTEMS, INC. 4
Accession 0001571049-16-012521
CIK 0001014507operating
Filed
Feb 29, 7:00 PM ET
Accepted
Mar 1, 6:53 PM ET
Size
11.3 KB
Accession
0001571049-16-012521
Insider Transaction Report
Form 4
HOOD WILLIAM K
Director
Transactions
- Disposition to Issuer
Option (right to buy)
2016-02-29−15,000→ 0 totalExercise: $42.50→ Common Stock (15,000 underlying) - Disposition to Issuer
Common Stock
2016-02-29−30,448→ 0 total - Disposition to Issuer
Option (right to buy)
2016-02-29−15,000→ 0 totalExercise: $31.15→ Common Stock (15,000 underlying)
Footnotes (7)
- [F1]Includes 3,860 restricted stock units ("RSU"). Pursuant to the Merger Agreement (as defined below) and a resolution of Sirona's board of directors, the RSUs accelerated and vested in full at the effective time of the Merger (as defined below).
- [F2]On February 29, 2016, pursuant to an Agreement and Plan of Merger, dated as of September 15, 2015 (the "Merger Agreement"), by and among Sirona Dental Systems, Inc. ("Sirona"), DENTSPLY International Inc. ("DENTSPLY") and Dawkins Merger Sub Inc., a wholly owned subsidiary of DENTSPLY ("Merger Sub"), Merger Sub merged with and into Sirona, with Sirona continuing as the surviving entity and a wholly owned subsidiary of DENTSPLY (the "Merger"). Upon completion of the Merger, DENTSPLY changed its corporate name to "DENTSPLY SIRONA Inc."
- [F3]Disposed of pursuant to the Merger Agreement in which each share of Sirona common stock issued and outstanding immediately prior to the consummation of the Merger was converted into 1.8142 shares of DENTSPLY common stock, rounded down to the nearest whole share.
- [F4]The exercise price per share of each converted Sirona stock option will be determined by dividing the per share exercise price of such stock option by the 1.8142 exchange ratio, and rounding up to the nearest whole cent.
- [F5]Disposed of pursuant to the Merger Agreement in which each outstanding and unexercised option to acquire shares of Sirona common stock, whether or not vested or exercisable, was assumed by DENTSPLY and was converted into an option to acquire shares of DENTSPLY common stock on the same terms and conditions as were in effect immediately prior to the completion of the Merger based on the 1.8142 exchange ratio, rounded down to the nearest whole share.
- [F6]This option is fully vested and exercisable.
- [F7]This option grant shall terminate within 90 days of the date hereof.
Documents
Issuer
SIRONA DENTAL SYSTEMS, INC.
CIK 0001014507
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001014507
Filing Metadata
- Form type
- 4
- Filed
- Feb 29, 7:00 PM ET
- Accepted
- Mar 1, 6:53 PM ET
- Size
- 11.3 KB