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SCARPELLI MICHAEL P 4

Accession 0001005477-06-003244

CIK 0001058289other

Filed

Jun 22, 8:00 PM ET

Accepted

Jun 23, 7:23 PM ET

Size

9.7 KB

Accession

0001005477-06-003244

Insider Transaction Report

Form 4
Period: 2006-06-21
SCARPELLI MICHAEL P
Chief Financial Officer
Transactions
  • Disposition to Issuer

    Employee Stock Option (Right to Purchase)

    2006-06-21150,0000 total
    Exercise: $6.45Exp: 2016-02-09Common Stock (150,000 underlying)
  • Disposition to Issuer

    Employee Stock Option (Right to Purchase)

    2006-06-21100,0000 total
    Exercise: $8.75Exp: 2016-01-15Common Stock (100,000 underlying)
Footnotes (3)
  • [F1]Disposed of pursuant to the merger agreement (the "Merger Agreement") between Lexar Media, Inc. ("Lexar") and Micron Technology, Inc. ("Micron").
  • [F2]This option vests over four years, with 25% of the total shares vesting on January 16, 2007, and thereafter 1/48th of the total shares vesting per month. Pursuant to the Merger Agreement, (i) 25% of the unvested shares were accelerated and became exercisable immediately prior to the the time of the merger, and (ii) the option was assumed by Micron and replaced with an option to purchase 88,875 shares of Micron common stock for $10.89 per share.
  • [F3]This option vests over four years, with 25% of the total shares vesting on January 16, 2007, and thereafter 1/48th of the total shares vesting per month. Pursuant to the Merger Agreement, (i) 25% of the unvested shares were accelerated and became exercisable immediately prior to the time of the merger and (ii) the option was assumed by Micron and replaced with an option to purchase 59,250 shares of Micron common stock for $14.77 per share.

Issuer

LEXAR MEDIA INC

CIK 0001058289

Entity typeother

Related Parties

1
  • filerCIK 0001231103

Filing Metadata

Form type
4
Filed
Jun 22, 8:00 PM ET
Accepted
Jun 23, 7:23 PM ET
Size
9.7 KB