4//SEC Filing
KUO FENG 4
Accession 0000950170-25-081837
CIK 0001556898other
Filed
Jun 3, 8:00 PM ET
Accepted
Jun 4, 6:24 PM ET
Size
9.3 KB
Accession
0000950170-25-081837
Insider Transaction Report
Form 4
Techpoint, Inc.M-6697
KUO FENG
DirectorChief Technology Officer10% Owner
Transactions
- Disposition to Issuer
Common Stock
2025-06-02$20.00/sh−1,007,654$20,153,080→ 0 total(indirect: by daughter, Emily Ku) - Disposition to Issuer
Common Stock
2025-06-02$20.00/sh−1,448,000$28,960,000→ 0 total - Disposition to Issuer
Common Stock
2025-06-02$20.00/sh−970,000$19,400,000→ 0 total(indirect: by daughter, Amanda Ku)
Footnotes (2)
- [F1]This Form 4 reports securities disposed of pursuant to the terms of the Agreement and Plan of Merger, dated as of January 15, 2025 (the "Merger Agreement"), by and among the Techpoint, Inc. (the "Company"), ASMedia Technology Inc., a Taiwanese corporation ("Parent"), and Apex Merger Sub Inc., a Delaware corporation, a copy of which is filed as Exhibit 2.1 to the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission on January 15, 2025, pursuant to which the Company became a wholly-owned subsidiary of Parent on June 2, 2025 (the "Effective Time"). At the Effective Time, each issued and outstanding share of common stock of the Company was converted into the right to receive $20.00 in cash (the "Merger Consideration"), without interest, subject to any withholding taxes.
- [F2]Includes 4,250 shares of common stock underlying restricted stock units subject to time-based vesting restrictions ("RSUs"). Pursuant to the Merger Agreement, at the Effective Time, the RSUs were automatically converted into a cash award that entitles the holder to receive, if and when vested, a cash payment (less any applicable tax withholdings) equal to: (x) the total number of shares of the Company's common stock represented by such RSU multiplied by (y) the Merger Consideration, with the same terms and conditions (including the vesting schedule) as applied to such RSU.
Documents
Issuer
Techpoint, Inc.
CIK 0001556898
Entity typeother
Related Parties
1- filerCIK 0001358688
Filing Metadata
- Form type
- 4
- Filed
- Jun 3, 8:00 PM ET
- Accepted
- Jun 4, 6:24 PM ET
- Size
- 9.3 KB