4//SEC Filing
AUDIENCE INC 4
Accession 0000899243-15-000121
CIK 0001201663operating
Filed
Jul 1, 8:00 PM ET
Accepted
Jul 2, 4:06 PM ET
Size
14.7 KB
Accession
0000899243-15-000121
Insider Transaction Report
Form 4
AUDIENCE INCADNC
BURKETT MARVIN D
Director
Transactions
- Disposition to Issuer
Stock Option (Right to Buy)
2015-07-01−10,650→ 0 totalExercise: $10.08From: 2013-06-06Exp: 2023-08-16→ Common Stock (10,650 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2015-07-01−8,080→ 0 totalExercise: $13.80From: 2012-06-01Exp: 2022-01-25→ Common Stock (8,080 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2015-07-01−15,054→ 0 totalExercise: $8.67From: 2014-06-06Exp: 2024-08-26→ Common Stock (15,054 underlying) - Disposition from Tender
Common Stock
2015-07-01$2.51/sh−4,613$11,579→ 0 total - Disposition to Issuer
Stock Option (Right to Buy)
2015-07-01−44,625→ 0 totalExercise: $2.70From: 2010-09-03Exp: 2020-08-03→ Common Stock (44,625 underlying)
Footnotes (3)
- [F1]In connection with the completion of an exchange offer launched by Orange Subsidiary, Inc., a wholly owned subsidiary of Knowles Corporation ("Knowles") (the "Offer"), the Reporting Person received $11,578.63 and 609 shares of Knowles common stock. Such amounts were determined pursuant to the offer consideration described in the Offer Statement on Schedule TO filed with the SEC by Knowles and Orange Subsidiary, Inc. on May 19, 2015, as amended.
- [F2]Pursuant to the terms of a merger agreement dated April 29, 2015 between the Issuer, Knowles and Orange Subsidiary, Inc. (the "Merger Agreement"), this option was not assumed by Knowles and was cancelled in exchange for (i) a cash payment to the Reporting Person of $51,783.45 and (ii) 2,710 shares of Knowles common stock.
- [F3]Pursuant to the terms of the Merger Agreement, this option was not assumed by Knowles and was cancelled for no consideration.
Documents
Issuer
AUDIENCE INC
CIK 0001201663
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001201663
Filing Metadata
- Form type
- 4
- Filed
- Jul 1, 8:00 PM ET
- Accepted
- Jul 2, 4:06 PM ET
- Size
- 14.7 KB