Hillman Daniel L 4
4 · TRANSMETA CORP · Filed Jan 29, 2009
Insider Transaction Report
Form 4
TRANSMETA CORPTMTA
Hillman Daniel L
Vice President Engineering
Transactions
- Disposition to Issuer
Employee Stock Option (right to buy)
2009-01-27$19.01/sh−96,353$1,831,381→ 0 totalExercise: $13.36Exp: 2017-12-07→ Common Stock (96,353 underlying)
Footnotes (1)
- [F1]As a result of the acquisition of Transmeta Corporation by Novafora, Inc. on January 27, 2009, each outstanding option to purchase shares of Transmeta common stock with an exercise price less than $19.007 per share, to the extent vested and exercisable, was converted into the right to receive a cash payment equal to the product obtained by multiplying (1) the difference between $19.007 and the per share exercise price of such option, by (2) the number of vested shares of Transmeta common stock underlying such option.