SEC Form 4 · accession 0001104659-15-062561
Polypore International, Inc. · PPO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher Cowger
Officer — Pres. Energy Storage-Elec&EDVs
Period of report
Aug 26, 2015
Accepted (ET)
Aug 28, 2015 · 8:42 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001292556
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $.01 per share | Aug 26, 2015 | D | 22,314 | $60.50 | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock OptionsF2,F3 | $34.98 | Aug 26, 2015 | D | 30,494 | D | — | Feb 27, 2024 | Common Stock | 30,494 | 0 | D |
| Employee Stock OptionsF2,F3 | $44.13 | Aug 26, 2015 | D | 11,179 | D | — | Feb 25, 2023 | Common Stock | 11,179 | 0 | D |
Explanation of responses
- F1Reflects disposition of shares in exchange for cash price indicated pursuant to the Agreement and Plan of Merger by and among Asahi Kasei Corporation, ESM Holdings Corporation and Polypore International, Inc. dated February 23, 2015.
- F2Option was canceled in the merger between Polypore International, Inc. and ESM Holdings Corporation. in exchange for a cash payment of $60.50 minus exercise price.
- F3The options vest in three equal annual installments beginning on the date that is one year after they were issued.