Bronson Brian 4
4 · RADISYS CORP · Filed Dec 11, 2018
Insider Transaction Report
Form 4
RADISYS CORPRSYS
Bronson Brian
Chief Financial Officer
Transactions
- Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2018-12-11−235,984→ 0 totalExercise: $1.00Exp: 2025-02-12→ Common Stock (235,984 underlying) - Disposition to Issuer
Common Stock
2018-12-11$1.72/sh−358,350$616,362→ 0 total - Disposition to Issuer
Common Stock
2018-12-11$1.72/sh−12,431$21,381→ 0 total(indirect: By 401(k)) - Disposition to Issuer
Incentive Stock Option (right to buy)
2018-12-11−264,016→ 0 totalExercise: $1.00Exp: 2025-02-12→ Common Stock (264,016 underlying) - Disposition to Issuer
Restricted Stock Units
2018-12-11−40,000→ 0 totalExercise: $0.00→ Common Stock (40,000 underlying)
Footnotes (5)
- [F1]Pursuant to the Agreement and Plan of Merger, dated June 29, 2018, by and among Radisys Corporation, Reliance Industries Limited and Integrated Cloud Orchestration (ICO), Inc., an Oregon corporation and wholly owned subsidiary of Reliance Industries Limited (the "Merger Agreement" and the transactions contemplated therein, the "Merger"), which became effective on December 11, 2018 (the "Effective Time"), the shares of common stock were canceled and converted into the right to receive a cash payment of $1.72 per share.
- [F2]Pursuant to the terms of the Merger Agreement, these options were canceled at the Effective Time of the Merger in exchange for the right to receive a cash payment of $190,091.52, representing the difference between the merger consideration of $1.72 per share and the exercise price of the option, less withholding taxes.
- [F3]Pursuant to the terms of the Merger Agreement, these options were canceled at the Effective Time of the Merger in exchange for the right to receive a cash payment of $169,908.48, representing the difference between the merger consideration of $1.72 per share and the exercise price of the option, less withholding taxes
- [F4]Pursuant to the terms of the Merger Agreement, these restricted stock units were canceled at the Effective Time of the Merger in exchange for the right to receive a cash payment of $1.72 per share.
- [F5]N/A