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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 Stck Option | $ 33.19 | 07/17/2007 | D(1) | 20,000 | 10/09/2007 | 10/08/2016(2) | Common Stock | 20,000 | $ 46 | 37,375 | D | ||||
Employee Stck Option | $ 33.91 | 07/17/2007 | D(1) | 12,000 | 07/07/2006 | 07/06/2015(2) | Common Stock | 12,000 | $ 46 | 25,375 | D | ||||
Employee Stck Option | $ 43.71 | 07/17/2007 | D(1) | 8,750 | 06/28/2006 | 06/27/2014(2) | Common Stock | 8,750 | $ 46 | 16,625 | D | ||||
Employee Stck Option | $ 30.19 | 07/17/2007 | D(1) | 7,000 | 09/02/2005 | 09/01/2013(2) | Common Stock | 7,000 | $ 46 | 9,625 | D | ||||
Employee Stck Option | $ 27.74 | 07/17/2007 | D(1) | 6,250 | 06/03/2006 | 06/02/2012(2) | Common Stock | 6,250 | $ 46 | 3,375 | D | ||||
Employee Stck Option | $ 25.29 | 07/17/2007 | D(1) | 1,875 | 04/09/2006 | 04/08/2012(2) | Common Stock | 1,875 | $ 46 | 1,500 | D | ||||
Employee Stck Option | $ 20.8333 | 07/17/2007 | D(1) | 1,500 | 01/17/2006 | 01/16/2011(2) | Common Stock | 1,500 | $ 46 | 0 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Tandy Bradley J 13 STONE CAMP TRAIL WINONA LAKE, IN 46590 |
General Counsel |
Jacqueline K. Huber POA for Bradley J. Tandy | 07/19/2007 | |
**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) | Per the Agreement and Plan of Merger, dated as of December 18, 2006 (amended and restated as of June 7, 2007), among Biomet, Inc., LVB Acquisition, LLC and LVB Acquitision Merger Sub, Inc., the option was cancelled and the reporting person is entitled to receive an amount in cash equal to the product of (i) the total number of shares subject to the option immediately prior to July 17, 2007 multiplied by (ii) the excess, if any, of $46.00 over the exercise price per share, less applicable taxes required to be withheld with respect to such payment. |
(2) | These dates represent the outstanding unvested portion of the original option grant. The remaining award vests annually in 1/8 increments of original amount awarded beginning on the date as noted in 'Date Exercisable' and the final 1/8 increment expiring as noted in 'Expiration Date'. |