UNITRODE CORP 4
4 · UNITRODE CORP · Filed Nov 1, 1999
Insider Transaction Report
Form 4
Kokulis, John L.
Executive Vice President & Chief Financial Officer
Transactions
- Other
Common Stock
1999-10-15$1.00/sh−1,000$1,000→ 0 total - Other
Employee Stock Option (right to buy)
1999-10-15−25,900→ 0 totalExercise: $15.44→ Employee Stock Option (right to buy) (25,900 underlying) - Other
Employee Stock Option (right to buy)
1999-10-15−74,100→ 0 totalExercise: $15.44→ Employee Stock Option (right to buy) (74,100 underlying)
Footnotes (3)
- [1]Exchanged for 502.3 shares of common stock of Texas Instruments Incorporated ("TXN"), having a value of $83.375 per share, pursuant to a merger of Unitrode Corporation ("UTR") and TXN (the"Merger").
- [2]These options were assumed by TXN in the Merger and are now exercisable for .5023 shares (the "Exchange Ratio") of TXN common stock for each share of UTR common stock, on the same terms, at an exercise price for TXN options determined by dividing the UTR exercise price by the Exchange Ratio.
- [3]These options vest in four (4) equal annual installments; options vest upon a change in control of UTR.