Statement of Changes in Beneficial Ownership (4)
February 19 2015 - 5:42PM
Edgar (US Regulatory)
FORM 4
[
X
]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue.
See
Instruction 1(b).
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
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OMB APPROVAL
OMB Number:
3235-0287
Estimated average burden
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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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1. Name and Address of Reporting Person
*
Burnett Joe
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2. Issuer Name
and
Ticker or Trading Symbol
Volcano Corp
[
VOLC
]
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director
_____ 10% Owner
__
X
__ Officer (give title below)
_____ Other (specify below)
Executive Vice President
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(Last)
(First)
(Middle)
3721 VALLEY CENTRE DR., SUITE 500
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3. Date of Earliest Transaction
(MM/DD/YYYY)
2/17/2015
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(Street)
SAN DIEGO, CA 92130
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line)
_
X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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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)
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2. Trans. Date
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2A. Deemed Execution Date, if any
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3. Trans. Code
(Instr. 8)
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4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
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5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
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6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
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7. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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Amount
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(A) or (D)
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Price
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Common Stock
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2/17/2015
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D
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2628
(1)
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D
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$18
(2)
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0
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D
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Table II - Derivative Securities Beneficially Owned (
e.g.
, puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security
(Instr. 3)
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2. Conversion or Exercise Price of Derivative Security
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3. Trans. Date
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3A. Deemed Execution Date, if any
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4. Trans. Code
(Instr. 8)
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5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
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6. Date Exercisable and Expiration Date
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7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
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8. Price of Derivative Security
(Instr. 5)
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9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)
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10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)
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11. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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(A)
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(D)
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Date Exercisable
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Expiration Date
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Title
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Amount or Number of Shares
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Performance Shares
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$0.0
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2/17/2015
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D
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1600
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(3)
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(3)
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Common Stock
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1600.0
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$18
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0
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D
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Performance Shares
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$0.0
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2/17/2015
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D
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9354
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(3)
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(3)
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Common Stock
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9354.0
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$18
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0
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D
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Restricted Stock Units
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$0.0
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2/17/2015
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D
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1675
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(4)
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(4)
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Common Stock
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1675.0
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$18
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0
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D
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Restricted Stock Units
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$0.0
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2/17/2015
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D
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4502
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(4)
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(4)
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Common Stock
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4502.0
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$18
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0
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D
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Restricted Stock Units
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$0.0
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2/17/2015
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D
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7824
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(4)
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(4)
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Common Stock
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7824.0
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$18
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0
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D
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Restricted Stock Units
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$0.0
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2/17/2015
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D
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9354
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(4)
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(4)
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Common Stock
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9354.0
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$18
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0
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D
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Explanation of Responses:
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(
1)
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This total includes 750 shares purchased under the 2007 Employee Stock Purchase Plan (ESPP) on February 12, 2015.
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(
2)
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Per the terms of the Agreement and Plan of Merger, dated as of December 16, 2014, among the Company, Philips Holding USA Inc., a Delaware corporation, and Clearwater Merger Sub, Inc., a Delaware corporation (the "Merger Agreement") and the Offer (as defined in the Merger Agreement), each share of Volcano common stock was validly tendered for $18.00 per share in cash, without interest and less any required withholding taxes.
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(
3)
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Per the terms of the Merger Agreement, each outstanding performance restricted stock unit ("PRSU") that was outstanding as of immediately prior to the Offer Acceptance Time (as defined in the Merger Agreement) was cancelled in its entirety and converted into the right to receive cash in an amount equal to $18.00 per share in cash, without interest and less any required withholding taxes, with respect to the target number of shares subject to the PRSU.
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(
4)
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Per the terms of the Merger Agreement, each restricted stock unit award that was outstanding as of immediately prior to the Offer Acceptance Time (as defined in the Merger Agreement), was cancelled and converted into the right to receive cash in amount equal to $18.00 per share in cash, without interest and less any required withholding taxes.
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Reporting Owners
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Reporting Owner Name / Address
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Relationships
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Director
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10% Owner
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Officer
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Other
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Burnett Joe
3721 VALLEY CENTRE DR., SUITE 500
SAN DIEGO, CA 92130
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Executive Vice President
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Signatures
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By: /s/ Jeremy Hayden, Attorney-in-Fact
For: Joseph Burnett
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2/19/2015
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**
Signature of Reporting Person
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Date
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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*
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If the form is filed by more than one reporting person,
see
Instruction 4(b)(v).
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**
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Intentional misstatements or omissions of facts constitute Federal Criminal Violations.
See
18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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Note:
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File three copies of this Form, one of which must be manually signed. If space is insufficient,
see
Instruction 6 for procedure.
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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.
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