0000878088-12-000061.txt : 20121002
0000878088-12-000061.hdr.sgml : 20121002
20121002172237
ACCESSION NUMBER: 0000878088-12-000061
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20120928
FILED AS OF DATE: 20121002
DATE AS OF CHANGE: 20121002
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: PAR PHARMACEUTICAL COMPANIES, INC.
CENTRAL INDEX KEY: 0000878088
STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834]
IRS NUMBER: 223122182
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 300 TICE BOULEVARD
CITY: WOODCLIFF LAKE
STATE: NJ
ZIP: 07677
BUSINESS PHONE: 201-802-4000
MAIL ADDRESS:
STREET 1: 300 TICE BOULEVARD
CITY: WOODCLIFF LAKE
STATE: NJ
ZIP: 07677
FORMER COMPANY:
FORMER CONFORMED NAME: PHARMACEUTICAL RESOURCES INC
DATE OF NAME CHANGE: 19940526
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: ZENNER PATRICK J
CENTRAL INDEX KEY: 0001139036
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372]
STATE OF INCORPORATION: NJ
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-10827
FILM NUMBER: 121124569
MAIL ADDRESS:
STREET 1: C/O DENDRITE INTERNATIONAL INC.
STREET 2: 1405/1425 ROUTE 206 SOUTH
CITY: BEDMINSTER
STATE: NJ
ZIP: 07921
4
1
primary_doc.xml
PRIMARY DOCUMENT
X0306
4
2012-09-28
0
0000878088
PAR PHARMACEUTICAL COMPANIES, INC.
PRX
0001139036
ZENNER PATRICK J
C/O PAR PHARMACEUTICAL COMPANIES, INC.
300 TICE BLVD.
WOODCLIFF LAKE
NJ
07677
1
0
0
0
Restricted Stock Units
2012-09-28
4
D
0
10398
50
D
Common Stock
10398
0
D
On Sept 28, 2012, certain affiliates of TPG Capital, L.P.("TPG") acquired the Issuer (the "Merger") pursuant to that certain merger agreement, as of July 14, 2012, by and among the Issuer, Sky Growth Holdings Corporation ("Parent") and Sky Growth Acquisition Corporation ("Merger Sub"). In connection with the Merger, TPG acquired all of the outstanding shares of the Issuer's Common Stock at a price of $50 per share, in cash. In addition, all outstanding deferred unit awards, performance stock units, restricted stock units and options (other than such awards held by certain employees that were exchanged for awards of Parent's stock) were cancelled upon the closing of the Merger in exchange for cash payments at a price of $50 per unit or option share (less the exercise price in the case of options), payable without interest. This transaction is more fully described in the Issuer's Proxy Statement filed with the SEC on Aug 27, 2012, as amended.
The restricted stock units are the economic equivalent of one share of common stock, and are only distributed upon termination of services as a director of the Issuer. The restricted stock units were cancelled upon the closing of the Merger in exchange for a cash payment of $50.00 per unit. In addition, the Reporting Person has resigned as a director of the Company effective upon the closing of the Merger.
LIMITED POWER OF ATTORNEY: KNOW ALL MEN BY THESE PRESENTS, that the undersigned does hereby constitute and appoint MARIAN E. GUSTAFSON with full power to act, as his/her true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution, for him/her and in his/her name, place and stead, in any and all capacities, and to do any and all acts and things in his/her name and on his/her behalf, to execute any and all documents and instruments, which said attorney-in-fact may deem necessary or advisable to enable him/her to comply with the reporting requirements pursuant to Section 16 of the Securities Exchange Act of 1934, as amended, including but not limited to Form 4 Statement of Changes in Beneficial Ownership and Form 5 Annual Statement of Changes in Beneficial Ownership, relating to his/her ownership in Par Pharmaceutical Companies, Inc. (the "Company") for the period October 1, 2012 through and including September 30, 2013; and to file the same, and all other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorney-in-fact and agent, full power and authority to do and perform each and every act and thing requisite and necessary to be done as fully to all intents and purposes as the undersigned might or could do in person, hereby ratifying and confirming all that the said attorney-in-fact and agent may lawfully do or cause to be done by virtue thereof. /s/ Patrick J. Zenner Sept. 4, 2012
/s/ Marian E. Gustafson for Patrick J. Zenner
2012-10-02