Filing Details

Accession Number:
0001179110-14-008682
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-05-16 17:47:00
Reporting Period:
2014-05-14
Filing Date:
2014-05-16
Accepted Time:
2014-05-16 17:47:00
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
815094 Abiomed Inc ABMD Surgical & Medical Instruments & Apparatus (3841) 042743260
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1286370 R Michael Minogue C/O Abiomed, Inc.,
22 Cherry Hill Drive
Danvers MA 01923
President, Ceo, Chairman Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock $.01 Par Value Acquisiton 2014-05-14 24,500 $0.00 265,345 No 4 A Direct
Common Stock $.01 Par Value Disposition 2014-05-15 4,433 $20.94 260,912 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option (right to buy) Acquisiton 2014-05-14 85,000 $0.00 85,000 $21.55
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
85,000 2015-05-14 2024-05-14 No 4 A Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Stock Option (right to buy) $13.57 2007-06-01 2016-06-01 246,383 246,383 Direct
Common Stock Stock Option (right to buy) $11.27 2008-05-30 2017-05-30 85,000 85,000 Direct
Common Stock Stock Option (right to buy) $13.80 2009-05-23 2018-05-23 43,333 43,333 Direct
Common Stock Stock Option (right to buy) $18.63 2009-06-15 2018-08-13 93,750 93,750 Direct
Common Stock Stock Option (right to buy) $5.86 2010-05-28 2019-05-28 109,500 108,800 Direct
Common Stock Stock Option (right to buy) $5.86 2010-05-28 2019-05-28 108,800 73,000 Direct
Common Stock Stock Option (right to buy) $5.86 2010-03-31 2019-05-28 130,500 130,500 Direct
Common Stock Stock Option (right to buy) $10.03 2011-06-03 2020-06-03 105,000 105,000 Direct
Common Stock Stock Option (Right to Buy) $22.44 2013-05-22 2022-05-22 100,000 100,000 Direct
Common Stock Stock Option (Right to Buy) $23.15 2014-05-14 2024-05-14 85,000 85,000 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2016-06-01 246,383 246,383 Direct
2017-05-30 85,000 85,000 Direct
2018-05-23 43,333 43,333 Direct
2018-08-13 93,750 93,750 Direct
2019-05-28 109,500 108,800 Direct
2019-05-28 108,800 73,000 Direct
2019-05-28 130,500 130,500 Direct
2020-06-03 105,000 105,000 Direct
2022-05-22 100,000 100,000 Direct
2024-05-14 85,000 85,000 Direct
Footnotes
  1. Grant to reporting person of option to buy shares of Common Stock under the ABIOMED, Inc. 2000 Stock Incentive Plan.
  2. These options become exercisable in annual 25% increments, commencing on the date shown in Table II, Column 6.
  3. Grant to reporting person of option to buy the number of shares of Common Stock set forth in Table II, Column 7, under the ABIOMED, Inc. 2008 Stock Incentive Plan.
  4. These options become exercisable based on the achievement of certain performance milestones.
  5. This price represents the weighted average sale price of multiple transactions on the reported date at prices that ranged between $20.6200 and $21.4000. Detailed information regarding the number of shares sold at each separate price will be provided upon request by the Commission staff, the Issuer, or a security holder of the Issuer.
  6. Sale of common stock pursuant to reporting owner's 10b5-1 plan sold to pay tax obligations upon vesting.
  7. Consists of restricted stock units granted to the reporting person. One third of the restricted stock units will vest and the underlying shares will be issued to the reporting person on each of May 14, 2015, May 14, 2016 and May 14, 2017, so long as the reporting person continues to be employed by the issuer on the vesting dates.
  8. In addition, performance share awards of up to 61,500 restricted units were granted to this reporting person on May 14, 2014. The number of restricted stock units that will become eligible for vesting pursuant to this award will be determined based on the issuer's fiscal 2015 financial performance. One third of the restricted stock units that become eligible for vesting will vest on the date the issuer first publicly announces its financial results for fiscal 2015. The remaining restricted stock units that become eligible for vesting will vest and the underlying shares will be delivered to the reporting person in equal tranches on each of May 14, 2016 and May 14, 2017, in all cases, so long as the reporting person continues to be employed by the issuer on the vesting dates.
  9. In addition, performance share awards of up to 80,000 restricted units were granted to this reporting person on May 14, 2014. One half of these restricted stock units will vest immediately upon the issuer's achievement of certain regulatory milestones within three years of the date of grant, with the remaining vesting on the first anniversary of such achievement.
  10. These options become exercisable in annual 33-1/3% increments, commencing on the date shown in Table II, Column 6.