LINEAR TECHNOLOGY CORP /CA/ 4
4 · LINEAR TECHNOLOGY CORP /CA/ · Filed Mar 10, 2017
Insider Transaction Report
Form 4
NICKSON RICHARD
VP North American Sales
Transactions
- Disposition to Issuer
Common Stock
2017-03-10−103,080→ 0 total
Footnotes (2)
- [F1]Pursuant to Agreement and Plan of Merger, dated July 26, 2016 (the "Merger Agreement"), Analog Devices, Inc. ("Analog Devices") acquired Linear Technology Corporation ("Linear") in a merger transaction (the "Merger") which became effective on March 10, 2017. At the effective time of the merger, each share of Linear common stock converted into the right to receive, without interest, (a) $46.00 in cash and (b) 0.2321 of an ordinary share of Analog Devices ("Merger Consideration").
- [F2]44,000 of these securities were restricted shares of Linear common stock subject to outstanding awards that were granted on or prior to July 22, 2016. In accordance with the Merger Agreement, these awards were converted into awards representing the right to receive the Merger Consideration, with the converted awards subject to vesting over the original vesting schedule of the Linear awards.