PEREGRINE SEMICONDUCTOR CORP 4
4 · PEREGRINE SEMICONDUCTOR CORP · Filed Dec 18, 2014
Insider Transaction Report
Form 4
Biskupski Jay
Chief Financial Officer
Transactions
- Disposition to Issuer
Stock Option (Right to Buy)
2014-12-12$3.00/sh−70,000$210,000→ 0 totalExercise: $9.50Exp: 2023-05-01→ Common Stock (70,000 underlying) - Disposition to Issuer
Restricted Stock Unit
2014-12-12$12.50/sh−7,500$93,750→ 0 totalExercise: $0.00Exp: 2016-02-24→ Common Stock (7,500 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2014-12-12$6.69/sh−78,000$521,820→ 0 totalExercise: $5.81Exp: 2024-02-24→ Common Stock (78,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2014-12-12$10.74/sh−166,042$1,783,291→ 0 totalExercise: $1.76Exp: 2019-04-14→ Common Stock (166,042 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2014-12-12$5.38/sh−81,743$439,777→ 0 totalExercise: $7.12Exp: 2020-07-22→ Common Stock (81,743 underlying) - Disposition to Issuer
Common Stock
2014-12-12$12.50/sh−9,501$118,763→ 0 total - Disposition to Issuer
Stock Option (Right to Buy)
2014-12-12$10.74/sh−55,347$594,427→ 0 totalExercise: $1.76Exp: 2019-04-14→ Common Stock (55,347 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2014-12-12$2.74/sh−81,743$223,976→ 0 totalExercise: $9.76Exp: 2021-10-25→ Common Stock (81,743 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2014-12-12$3.00/sh−6,000$18,000→ 0 totalExercise: $9.50Exp: 2023-05-01→ Common Stock (6,000 underlying)
Footnotes (3)
- [F1]Pursuant to the Merger Agreement, at the Effective time each share of PSMI common stock was converted into the right to receive $12.50 in cash.
- [F2]This option was canceled in connection with the merger of Peregrine and Murata in exchange for a cash payment per share equal to the difference between $12.50 and the exercise price of the option.
- [F3]In connection with the Merger, the restricted stock units were cancelled and converted into an unvested cash arrangement providing for the subsequent vesting and payout of $12.50 in cash for each share of PSMI common stock subject to the restricted stock units in accordance with the original vesting schedule that applied to the restricted stock units prior to the merger. The restricted stock units were schedule to vest over four equal semi-annual installments commencing on August 24, 2014.