FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). |
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
DENDRITE INTERNATIONAL INC [ DRTE ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 05/09/2007 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
Code | V | Amount | (A) or (D) | Price | ||||||
Common Stock | 05/09/2007 | D(1) | 60,619 | D | $16 | 0 | D | |||
Common Stock | 05/09/2007 | D(1) | 2,410 | D | $16 | 0 | D(2) |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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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 Securities Underlying Derivative Security (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: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Options to Purchase Common Stock | $19.5 | 05/09/2007 | D(3) | 2,907 | (4) | (4) | Common Stock | 2,907 | $0 | 0 | D | ||||
Options to Purchase Common Stock | $33.19 | 05/09/2007 | D(3) | 4,000 | (5) | (5) | Common Stock | 4,000 | $0 | 0 | D | ||||
Options to Purchase Common Stock | $14.5 | 05/09/2007 | D(3) | 625 | (6) | (6) | Common Stock | 625 | $1.5 | 0 | D | ||||
Options to Purchase Common Stock | $27.11 | 05/09/2007 | D(3) | 30,000 | (7) | (7) | Common Stock | 30,000 | $0 | 0 | D | ||||
Options to Purchase Common Stock | $19.06 | 05/09/2007 | D(3) | 20,000 | (8) | (8) | Common Stock | 20,000 | $0 | 0 | D | ||||
Options to Purchase Common Stock | $12.01 | 05/09/2007 | D(3) | 8,021 | (9) | (9) | Common Stock | 8,021 | $3.99 | 0 | D | ||||
Options to Purchase Common Stock | $7.75 | 05/09/2007 | D(3) | 40,000 | (10) | (10) | Common Stock | 40,000 | $8.25 | 0 | D | ||||
Options to Purchase Common Stock | $14.9 | 05/09/2007 | D(3) | 40,000 | (11) | (11) | Common Stock | 40,000 | $1.1 | 0 | D | ||||
Options to Purchase Common Stock | $15.67 | 05/09/2007 | D(3) | 18,000 | (12) | (12) | Common Stock | 18,000 | $0.33 | 0 | D | ||||
Options to Purchase Common Stock | $13.87 | 05/09/2007 | D(3) | 50,000 | (13) | (13) | Common Stock | 50,000 | $2.13 | 0 | D |
Explanation of Responses: |
1. Disposed of pursuant to the Agreement and Plan of Merger by and among the Issuer, Cegedim SA and Dogwood Enterprises, Inc., dated as of March 1, 2007, in exchange for a $16.00 cash payment (without interest and less applicable withholding taxes) for (i) each share of Common Stock of the Issuer held by the reporting person and (ii) each share of Common Stock of the Issuer underlying each restricted stock unit held by the reporting person. |
2. Such shares were purchased pursuant to and are held in the Issuer's Employee Stock Purchase Plan. Information presented as of May 9, 2007. |
3. Options outstanding under the Company's stock plans, whether or not exercisable or vested, were canceled as of the effective time of the Issuer's merger with Cegedim SA (May 9, 2007), and holders of options are to receive a cash payment (without interest and less applicable withholding taxes) equal to the excess, if any, of $16.00 over the exercise price of such option, multiplied by the number of shares of Common Stock of the Issuer covered by each such option. |
4. These options are fully vested and provided for an expiration date of January 27, 2009. |
5. These options are fully vested and provided for an expiration date of January 24, 2010. |
6. These options are fully vested and provided for an expiration date of April 12, 2010. |
7. These options are fully vested and provided for an expiration date of August 1, 2010. |
8. These options are fully vested and provided for an expiration date of February 5, 2011. |
9. These options are fully vested and provided for an expiration date of February 6, 2012. |
10. These options are fully vested and provided for an expiration date of February 6, 2013. |
11. These options are fully vested and provided for an expiration date of January 27, 2014. |
12. These options are fully vested and provided for an expiration date of February 17, 2014. |
13. These options are fully vested and provided for an expiration date of May 18, 2015. |
/s/ David M. McCoy, Attorney-in-Fact | 05/11/2007 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* 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). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
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 Number. |