Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | EPZM | Common Stock, par value $0.0001 | Disposed to Issuer | -25.7K | -100% | 0 | Aug 12, 2022 | Direct | F1, F2 |
Carol Stuckley is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.
Id | Content |
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F1 | Reflects disposition of restricted stock units ("RSUs") in accordance with that certain Agreement and Plan of Merger (the "Merger Agreement"), by and among the Issuer, Ipsen Pharma SAS and Hibernia Merger Sub, Inc. ("Merger Sub"), dated as of June 27, 2022, including the completion of a tender offer to purchase all outstanding shares of the Issuer, at a price per Share of (i) $1.45 per Share (the "Cash Consideration"), plus (ii) one (1) contractual contingent value right per Share ("CVR"), which represents the right to receive one or more contingent payments upon the achievement of certain milestones, if any, and the consummation of the merger (the "Merger") between the Issuer and Merger Sub on August 12, 2022. |
F2 | (Continued from Footnote 1) Pursuant to the Merger Agreement, effective immediately prior to the effective time of the Merger, each unvested RSU held by the Reporting Person automatically vested in full and was canceled and converted into the right to receive (i) an amount of cash equal to the product of (A) the total number of shares then underlying such RSU multiplied by (B) the Cash Consideration and (ii) one (1) CVR for each share underlying such RSU, in each case, less applicable withholding. |