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MCCONNELL ROBERT G 4

Accession 0000872448-05-000008

CIK 0000872448other

Filed

Feb 14, 7:00 PM ET

Accepted

Feb 16, 8:30 PM ET

Size

8.8 KB

Accession

0000872448-05-000008

Insider Transaction Report

Form 4
Period: 2005-02-11
MCCONNELL ROBERT G
VP & GM RF & AUTOMOTIVE BUS.
Transactions
  • Exercise Out-of-Money

    Common Stock

    2005-02-14$2.77/sh+7,197$19,94310,195 total
  • Award

    Common Stock Option to buy

    2005-02-16$3.29/sh+40,000$131,60040,000 total
    Exercise: $3.29From: 2005-08-11Exp: 2015-02-11Common Stock (40,000 underlying)
Footnotes (5)
  • [F1]This is a Non-reportable transaction. The shares were purchased under a 423 Employee Stock Purchase Plan a Sec 16b-3 Non-reportable transaction but is being voluntarily reported in order to justify the increase number of stock under direct ownership. A separate acquisition of the same nature was processed on 8/13/2004; 2,998 shares were acquired @ 2.8645 through the Company Employee Stock Purchase Plan. There were no forms filed during that time therefore the acquisitions was not disclosed until now.
  • [F2]The purchase price was taken from the opening offering FMV which was 3.26 - 15% = 2.7710.
  • [F3]12.5% of the total number of shares granted will vest and become exercisable six months from the date of grant, The remaining balance vest and become exercisable over the next forty-two months at a rate of 2.0833% per month of the total shares granted. The Option was granted as an Incentive Stock Option up to the $100,000 limitation. Any shares that did not qualify as an Incentive Stock Option was issued as a Non-Qualified Stock Option.
  • [F4]The Grant/Exercise price was equal to the closing FMV of the company stock on the day the grant was approved by the board.
  • [F5]The life of the grant is ten years from the date of grant. It will automatically expire on 2/11/2015.

Issuer

ATMEL CORP

CIK 0000872448

Entity typeother

Related Parties

1
  • filerCIK 0001235753

Filing Metadata

Form type
4
Filed
Feb 14, 7:00 PM ET
Accepted
Feb 16, 8:30 PM ET
Size
8.8 KB