Mendes Scott R 4
4 · OURPETS CO · Filed Mar 18, 2019
Insider Transaction Report
Form 4
OURPETS COOPCO
Mendes Scott R
Controller and CFO
Transactions
- Disposition to Issuer
Common
2019-03-14$1.00/sh−70,579$70,579→ 0 total(indirect: By 401(k)) - Disposition to Issuer
Common
2019-03-14$1.00/sh−115,353$115,353→ 0 total
Holdings
- 0
Option
Exercise: $0.44From: 2014-05-25Exp: 2017-05-25→ Common (50,000 underlying) - 0
Option
Exercise: $0.60From: 2015-10-25Exp: 2018-10-25→ Common (50,000 underlying) - 0
Option
Exercise: $0.22From: 2011-02-18Exp: 2014-02-18→ Common (100,000 underlying) - 0
Option
Exercise: $0.79From: 2013-05-27Exp: 2016-05-27→ Common (25,000 underlying)
Footnotes (2)
- [F1]Options vest 1/3 on each of the 2nd, 3rd and 4th anniversaries of grant date.
- [F2]Pursuant to an Agreement and Plan of Merger dated as of December 18, 2018 (the "Merger Agreement"), by and among OurPet's Company ("Issuer", Paws Merger Parent, LLC ("Parent") and Paws Merger Sub, Inc. ("Merger Sub"). Merger Sub merged with and into the Issuer and the Issuer continued as the surviving corporation and a wholly-owned subsidiary of Parent, effective March 14, 2019 (the "Merger"). Pursuant to the terms of the Merger Agreement, at the effective time of the Merger, each outstanding share of the Issuer's common stock (other than certain excluded shares) was cancelled and automatically converted into the right to receive $1.00 in cash, without interest.