4//SEC Filing
ARTESYN TECHNOLOGIES INC 4
Accession 0001082504-06-000049
CIK 0000023071operating
Filed
Apr 30, 8:00 PM ET
Accepted
May 1, 5:49 PM ET
Size
15.8 KB
Accession
0001082504-06-000049
Insider Transaction Report
Form 4
SAPP A EUGENE JR
Director
Transactions
- Disposition to Issuer
Common Stock
2006-04-28$11.00/sh−10,500$115,500→ 0 total - Disposition to Issuer
Non-Qualified Stock Option (Right to Buy)
2006-04-28$2.65/sh−10,000$26,500→ 0 totalExercise: $8.35From: 2006-06-02Exp: 2015-06-02→ Common Stock (10,000 underlying)
Footnotes (2)
- [F1]Disposed of pursuant to the Agreement and Plan of Merger (the "Merger Agreement") by and among issuer, Emerson Electric Co. and Atlanta Acquisition Sub, Inc., dated as of February 1, 2006 and amended as of March 16, 2006, in exchange for $11.00 for each share of common stock of the issuer (the "Common Stock") held by the reporting person.
- [F2]This option was disposed of pursuant to the Merger Agreement in exchange for a cash payment equal to the product of (i) the number of shares of Common Stock subject to the option multiplied by (ii) the excess, if any, of $11.00 over the exercise price per share of Common Stock under such option.
Documents
Issuer
ARTESYN TECHNOLOGIES INC
CIK 0000023071
Entity typeoperating
IncorporatedFL
Related Parties
1- filerCIK 0000023071
Filing Metadata
- Form type
- 4
- Filed
- Apr 30, 8:00 PM ET
- Accepted
- May 1, 5:49 PM ET
- Size
- 15.8 KB