SUTRON CORP 4
4 · SUTRON CORP · Filed Jul 28, 2015
Insider Transaction Report
Form 4
SUTRON CORPSTRN
Linton Larry C.
Director
Transactions
- Expiration (Short)
Non-Qualified Stock Option
2015-07-27$2.00/sh−3,863$7,726→ 0 totalExercise: $6.50Exp: 2021-08-02→ Common Stock (3,863 underlying) - Expiration (Short)
Restricted Stock Units
2015-07-27$8.50/sh−3,000$25,500→ 0 total→ Common Stock (3,000 underlying) - Disposition from Tender
Common Stock
2015-07-27$8.50/sh−6,000$51,000→ 0 total
Footnotes (3)
- [F1]Pursuant to the Agreement and Plan of Merger, dated June 21, 2015, by and among Danaher Corporation, Satellite Acquisition Corp., and Sutron Corporation (the "Merger Agreement"), this option was vested in full and cancelled in the merger in exchange for a cash amount equal to the number of shares underlying this option multiplied by the difference between the per share merger consideration of $8.50 and the per share exercise price of this option
- [F2]1 unit for 1 share
- [F3]Pursuant to the Merger Agreement, the restricted stock units were converted into a dollar amount equal to the product of the number of restricted stock units and the merger consideration of $8.50 per share