Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | VCRA | Stock Option (right to buy) | Disposed to Issuer | -3 | -100% | 0 | Feb 23, 2022 | Common Stock | 3 | $12.92 | Direct | F4, F5 |
Brent D. Lang is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.
Id | Content |
---|---|
F1 | Represents the number of shares that vested under (a) a performance stock unit award granted on June 1, 2020 and (b) a performance stock unit award granted on July 1, 2021. |
F2 | Includes 156 shares of Common Stock acquired under the Issuer's employee stock purchase plan on February 17, 2022. |
F3 | Pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated January 6, 2022, by and among the Issuer, Stryker Corporation ("Stryker") and Voice Merger Sub Corp. ("Merger Sub"), the Merger Sub merged with and into the Issuer (the "Merger"), with the Issuer surviving the Merger as a wholly owned subsidiary of Stryker, effective as of February 23, 2022 (the "Effective Time"). Pursuant to the Merger Agreement, each share of the common stock was exchanged into the right to receive $79.25 in cash, without interest and less any applicable withholding taxes (the "Merger Consideration"), at the Effective Time. |
F4 | The stock option is fully vested and immediately exercisable. |
F5 | Pursuant to the Merger Agreement, the option was cancelled and converted at or immediately prior to the Effective Time into a cash payment equal to the product of (a) the aggregate number of underlying shares multiplied by (b) the excess of the Merger Consideration over the applicable per share exercise price of the option. |