4//SEC Filing
AUDIENCE INC 4
Accession 0000899243-15-000133
CIK 0001201663operating
Filed
Jul 1, 8:00 PM ET
Accepted
Jul 2, 4:16 PM ET
Size
16.8 KB
Accession
0000899243-15-000133
Insider Transaction Report
Form 4
AUDIENCE INCADNC
Pavlov George
Director
Transactions
- Disposition to Issuer
Stock Option (Right to Buy)
2015-07-01−8,079→ 0 totalExercise: $13.80From: 2012-05-01Exp: 2022-01-25→ Common Stock (8,079 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2015-07-01−14,132→ 0 totalExercise: $13.80From: 2012-01-01Exp: 2022-01-25→ Common Stock (14,132 underlying) - 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 from Tender
Common Stock
2015-07-01$2.51/sh−4,613$11,579→ 0 total - Disposition from Tender
Common Stock
2015-07-01$2.51/sh−4,374,335$10,979,581→ 0 total(indirect: See footnote) - 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)
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]Consists of 1,042,323 shares held directly by Tallwood III, L.P., 8,075 shares held directly by Tallwood III Associates, L.P., 131,990 shares held directly by Tallwood III Partners, L.P., 1,437,061 shares held directly by Tallwood II, LP, 1,133,312 shares held directly by Tallwood II Annex, L.P., 26,222 shares held directly by Tallwood II Associates, L.P. and 595,352 shares held directly by Tallwood II Partners, L.P. The reporting person is a managing member of the general partners of each of these funds, and shares voting and investment control over these shares. The reporting person disclaims beneficial ownership of all applicable shares except to the extent of his pecuniary interest therein.
- [F3]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 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, 4:16 PM ET
- Size
- 16.8 KB