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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Employee Stock Options (Right to Buy) | $ 8.29 | 12/21/2012 | D | 55,900 | (3) | 03/04/2022 | Common Stock | 55,900 | $ 2.96 | 0 | D | ||||
Employee Stock Options (Right to Buy) | $ 4.97 | 12/21/2012 | D | 78,300 | (3) | 02/28/2021 | Common Stock | 78,300 | $ 6.28 | 0 | D | ||||
Employee Stock Options (Right to Buy) | $ 2.4 | 12/21/2012 | D | 136,000 | (3) | 02/24/2020 | Common Stock | 136,000 | $ 8.85 | 0 | D | ||||
Employee Stock Options (Right to Buy) | $ 1.62 | 12/21/2012 | D | 142,275 | (3) | 02/05/2019 | Common Stock | 142,275 | $ 9.63 | 0 | D | ||||
Employee Stock Options (Right to Buy) | $ 2.31 | 12/21/2012 | D | 57,600 | (3) | 02/11/2018 | Common Stock | 57,600 | $ 8.94 | 0 | D | ||||
Employee Stock Options (Right to Buy) | $ 1.66 | 12/21/2012 | D | 25,000 | (3) | 08/06/2017 | Common Stock | 25,000 | $ 9.59 | 0 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Guethon Jose Alberto 777 YAMATO ROAD, SUITE 510 BOCA RATON, FL 33431 |
Former President & COO |
/s/ Jose Alberto Guethon | 12/24/2012 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | On December 21, 2012, Metropolitan Health Networks, Inc. (the "Issuer") merged with and into Miner Acquisition Subsidiary, Inc. ("Merger Subsidiary"), a wholly-owned subsidiary of Humana Inc. ("Humana"), pursuant to the Agreement and Plan of Merger, dated November 3, 2012, by and among the Issuer, Humana and Merger Subsidiary. Pursuant to the Merger Agreement, at the effective time of the Merger, each outstanding share of the Company's common stock (other than shares of Common Stock owned by Metropolitan, Humana or Merger Subsidiary or any of their respective subsidiaries) was converted into the right to receive an amount in cash equal to $11.25, without interest and less any required withholding taxes. |
(2) | Includes 181,772 restricted shares of the Issuer's common stock. Pursuant to the Merger Agreement, each outstanding restricted share of the Issuer's Common Stock became fully vested and, at the effective time of the Merger, was converted into the right to receive an amount in cash equal to $11.25, without interest and less any required withholding taxes. |
(3) | Pursuant to the Merger Agreement, each outstanding option to purchase shares of Common Stock became fully vested and exercisable and, at the effective time of the Merger, was cancelled in exchange for the right to receive an amount in cash equal to $11.25 less the per share exercise price of the option, without interest and less any required withholding taxes. |