Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | RETA | Class A common stock | Disposed to Issuer | -6.02K | -100% | 0 | Sep 26, 2023 | Direct | F1, F2 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | RETA | Stock Option (right to buy) | Disposed to Issuer | -6.3K | -100% | 0 | Sep 26, 2023 | Class A common stock | 6.3K | $130.92 | Direct | F1, F2 | ||
transaction | RETA | Stock Option (right to buy) | Disposed to Issuer | -5K | -100% | 0 | Sep 26, 2023 | Class A common stock | 5K | $146.01 | Direct | F1, F2 | ||
transaction | RETA | Stock Option (right to buy) | Disposed to Issuer | -99 | -100% | 0 | Sep 26, 2023 | Class A common stock | 99 | $27.32 | Direct | F1, F2 | ||
transaction | RETA | Stock Option (right to buy) | Disposed to Issuer | -416 | -100% | 0 | Sep 26, 2023 | Class A common stock | 416 | $34.76 | Direct | F1, F2 | ||
transaction | RETA | Stock Option (right to buy) | Disposed to Issuer | -5.62K | -100% | 0 | Sep 26, 2023 | Class A common stock | 5.62K | $34.76 | Direct | F1, F2 | ||
transaction | RETA | Stock Option (right to buy) | Disposed to Issuer | -135 | -100% | 0 | Sep 26, 2023 | Class A common stock | 135 | $93.61 | Direct | F1, F2 | ||
transaction | RETA | Stock Option (right to buy) | Disposed to Issuer | -2.14K | -100% | 0 | Sep 26, 2023 | Class A common stock | 2.14K | $93.61 | Direct | F1, F2 | ||
transaction | RETA | Stock Option (right to buy) | Disposed to Issuer | -4.5K | -100% | 0 | Sep 26, 2023 | Class B common stock | 4.5K | $26.46 | Direct | F1, F2 | ||
transaction | RETA | Stock Option (right to buy) | Disposed to Issuer | -2K | -100% | 0 | Sep 26, 2023 | Class B common stock | 2K | $25.52 | Direct | F1, F2 | ||
transaction | RETA | Stock Option (right to buy) | Disposed to Issuer | -8K | -100% | 0 | Sep 26, 2023 | Class B common stock | 8K | $39.48 | Direct | F1, F2 | ||
transaction | RETA | Stock Option (right to buy) | Disposed to Issuer | -9K | -100% | 0 | Sep 26, 2023 | Class B common stock | 9K | $88.75 | Direct | F1, F2 |
William D. McClellan Jr. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.
Id | Content |
---|---|
F1 | Pursuant to the Agreement and Plan of Merger, dated July 28, 2023, by and among the Issuer, Biogen Inc. ("Biogen") and River Acquisition, Inc., the Issuer became a wholly-owned subsidiary of Biogen upon consummation of the merger (the "Effective Time"). At the Effective Time, (a) each of the Issuer's outstanding shares of Class A common stock and Class B common stock (collectively, "Common Stock") was canceled and extinguished and automatically converted into the right to receive $172.50 in cash (the "Merger Consideration"), without interest, less any withholding taxes, (b) each of the Issuer's outstanding restricted stock units ("RSUs") was automatically canceled and terminated and converted into the right to receive an amount in cash equal to the product of (i) the number of shares of the Issuer's Common Stock underlying such RSU immediately prior to the Effective Time multiplied by (ii) the Merger Consideration, (Continued in Footnote 2) |
F2 | (Continued from Footnote 1) without interest, subject to any applicable withholding taxes, and (c) each of the Issuer's outstanding unexercised stock options, whether vested or unvested, was automatically canceled and terminated and converted into the right to receive an amount in cash, without interest, equal to the product of (i) the number of shares of the Issuer's Common Stock underlying such option immediately prior to the Effective Time multiplied by (ii) the amount, if any, by which the Merger Consideration exceeded the exercise price per share of such option, subject to any applicable withholding taxes. As a result, stock options with a per share exercise price equal to or greater than the Merger Consideration were canceled without additional consideration. |