INBAR JACOB 4

4 · AML COMMUNICATIONS INC · Filed Jun 1, 2011

Form 4

Period: 2011-05-27

DirectorCEO and President10% Owner

Transactions

Disposition to Issuer
Employee stock option
2011-05-27$0.65/sh−2,500$1,625→ 280,000 total
Exercise: $0.65From: 2002-09-17Exp: 2011-09-17→ common stock (2,500 underlying)
Disposition to Issuer
Employee stock option
2011-05-27$0.90/sh−30,000$27,000→ 250,000 total
Exercise: $0.90From: 2007-09-07Exp: 2011-09-07→ common stock (30,000 underlying)
Disposition to Issuer
Employee Stock option
2011-05-27$1.01/sh−35,000$35,350→ 185,000 total
Exercise: $1.01From: 2009-09-11Exp: 2013-09-11→ common stock (35,000 underlying)
Disposition to Issuer
Common stock
2011-05-27$2.50/sh−1,638,791$4,096,978→ 0 total
Disposition to Issuer
Employee stock option
2011-05-27$0.90/sh−35,000$31,500→ 150,000 total
Exercise: $0.90From: 2010-09-10Exp: 2014-09-10→ common stock (35,000 underlying)
Disposition to Issuer
Employee stock option
2011-05-27$1.33/sh−115,000$152,950→ 0 total
Exercise: $1.33From: 2011-12-13Exp: 2015-12-13→ common stock (115,000 underlying)

Footnotes (2)

[F1]Pursuant to the agreement and plan of merger among the issuer, Microsemi Corporation ("Microsemi") and Atom Acquisition Corp., ("Atom"), dated as of April 11, 2011 (the "Merger Agreement"), the shares of common stock were purchased by Microsemi for a cash payment of $2.50, less all applicable tax withholdings. This option, which all have accelerated to vest, was cancelled in the merger contemplated by the Merger Agreement in exchange for a cash payment of $2.50, representing the number of shares of common stock subject to such option multiplied by the amount by which $2.50 exceeds the exercise price of the option.
[F2]Pursuant to the agreement and plan of merger among the issuer, Microsemi Corporation ("Microsemi") and Atom Acquisition Corp., ("Atom"), dated as of April 11, 2011 (the "Merger Agreement"), the shares of common stock were purchased by Microsemi for a cash payment of $2.50, less all applicable tax withholdings. This option, which all have accelerated to vest, was cancelled in the merger contemplated by the Merger Agreement in exchange for a cash payment of $2.50, representing the number of shares of common stock subject to such option multiplied by the amount by which $2.50 exceeds the exercise price of the option.

Documents

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