ACTEL CORP 4
4 · ACTEL CORP · Filed Nov 10, 2010
Insider Transaction Report
Form 4
ACTEL CORPACTL
ZAHLER ERIC J
Director
Transactions
- Disposition from Tender
Common Stock
2010-11-02$20.88/sh−2,000$41,760→ 0 total - Disposition to Issuer
Stock Option (Right to Buy)
2010-11-02−12,500→ 0 totalExercise: $11.61From: 2010-05-28Exp: 2019-03-23→ Common Stock (12,500 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2010-11-02−12,500→ 0 totalExercise: $14.03From: 2011-05-27Exp: 2020-05-24→ Common Stock (12,500 underlying)
Footnotes (1)
- [F1]Pursuant to the merger agreement between the issuer, Microsemi Corporation ("Microsemi") and Artful Acquisition Corp., ("Artful"), and in connection with the completion of a cash tender offer by Artful to purchase all of issuer's issued and outstanding common stock, this option was not assumed by Microsemi and was cancelled in exchange for a cash payment to Reporting Person equal to the difference between the offer price per share of $20.88 and the exercise price per share of the option.