0000899243-17-023625.txt : 20171004
0000899243-17-023625.hdr.sgml : 20171004
20171004201526
ACCESSION NUMBER: 0000899243-17-023625
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170929
FILED AS OF DATE: 20171004
DATE AS OF CHANGE: 20171004
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Dreger Christian
CENTRAL INDEX KEY: 0001685701
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-21244
FILM NUMBER: 171123078
MAIL ADDRESS:
STREET 1: C/O PAREXEL INTERNATIONAL CORPORATION
STREET 2: 195 WEST STREET
CITY: WALTHAM
STATE: MA
ZIP: 02451
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: PAREXEL INTERNATIONAL CORP
CENTRAL INDEX KEY: 0000799729
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMMERCIAL PHYSICAL & BIOLOGICAL RESEARCH [8731]
IRS NUMBER: 042776269
STATE OF INCORPORATION: MA
FISCAL YEAR END: 0630
BUSINESS ADDRESS:
STREET 1: 195 WEST ST
CITY: WALTHAM
STATE: MA
ZIP: 02451
BUSINESS PHONE: 7814879900
MAIL ADDRESS:
STREET 1: 195 WEST ST
CITY: WALTHAM
STATE: MA
ZIP: 02451
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2017-09-29
1
0000799729
PAREXEL INTERNATIONAL CORP
PRXL
0001685701
Dreger Christian
C/O PAREXEL INTERNATIONAL CORPORATION
195 WEST STREET
WALTHAM
MA
02451
0
1
0
0
See Remarks
Restricted Stock Units
0.00
2017-09-29
4
U
0
4304
88.10
D
2019-12-07
Common Stock
4304
0
D
Stock Options (Right to Buy)
62.62
2017-09-29
4
U
0
4297
25.48
D
2024-12-07
Common Stock
4297
0
D
Pursuant to the terms of the Merger Agreement, immediately prior to the Effective Time, each Company RSU Award, whether or not vested, was assumed by West Street Parent, LLC or the Company, cancelled and exchanged for the right to receive an amount in cash equal to the product obtained by multiplying (i) the aggregate number of shares of Company Common Stock subject to such award by (ii) the Merger Consideration.
These restricted stock units were to vest in full on December 7, 2019.
Pursuant to the terms of the Agreement and Plan of Merger by and among PAREXEL International Corporation, West Street Parent, LLC and West Street Merger Sub, Inc., dated June 19, 2017, each Company Stock Option, whether or not vested or exercisable, automatically converted into the right to receive an amount in cash equal to the product obtained by multiplying (i) the excess of the Merger Consideration over the per share exercise price of such Company Stock Option, by (ii) the aggregate number of shares of Company Common Stock issuable upon exercise of settlement of such Company Stock Option prior to the Effective Time.
Options become exercisable in increments of 25% of the total shares granted, which commenced on the first anniversary of 12/07/2016.
SVP, PAREXEL Access and Consulting
/s/ Douglas Batt, as Attorney-in-Fact for Christian Dreger
2017-10-04