4//SEC Filing
POWER ONE INC 4
Accession 0001104659-13-057465
CIK 0001042825operating
Filed
Jul 28, 8:00 PM ET
Accepted
Jul 29, 8:32 PM ET
Size
12.1 KB
Accession
0001104659-13-057465
Insider Transaction Report
Form 4
POWER ONE INCPWER
MCKNIGHT TINA D
General Counsel & Secretary
Transactions
- Disposition to Issuer
Common Stock
2013-07-25$6.35/sh−252,165$1,601,248→ 0 total - Disposition to Issuer
Non-Qualified Stock Option
2013-07-25−37,500→ 0 totalExercise: $7.54Exp: 2020-06-01→ Common Stock (37,500 underlying) - Disposition to Issuer
Non-Qualified Stock Option
2013-07-25−40,000→ 0 totalExercise: $8.08Exp: 2021-05-03→ Common Stock (40,000 underlying) - Disposition to Issuer
Non-Qualified Stock Option
2013-07-25$2.08/sh−101,000$210,585→ 0 totalExercise: $4.26Exp: 2022-04-30→ Common Stock (101,000 underlying)
Footnotes (4)
- [F1]Reflects 57,474 shares of restricted stock units ("RSUs") granted to the reporting person. Such RSUs can be settled for the Issuer's common stock, par value $0.001 ("Common Stock") underlying such option, and vested immediately prior to the effective time of the merger of Verdi Acquisition Corporation, an indirect wholly owned subsidiary of ABB Ltd ("ABB"), with and into Issuer, with Issuer continuing as the surviving corporation (the "Merger") pursuant to the merger agreement by and among the foregoing entities (the "Merger Agreement").
- [F2]This option, which provides for vesting in four equal installments beginning on June 1, 2011, was assumed by ABB in the Merger and replaced with an option to purchase 10,497 shares of ABB American Depositary Shares ("ADSs") for $26.94 per ADS.
- [F3]This option, which provides for vesting in three equal installments beginning on May 3, 2012, was assumed by ABB in the Merger and replaced with an option to purchase 11,197 ADSs for $28.87 per ADS.
- [F4]This option, which provides for vesting in three equal installments beginning on April 30, 2013, was canceled in the Merger in exchange for a cash payment of $210,585.00, representing the difference between the exercise price of the option and the merger consideration paid for the Common Stock underlying such option.
Documents
Issuer
POWER ONE INC
CIK 0001042825
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001042825
Filing Metadata
- Form type
- 4
- Filed
- Jul 28, 8:00 PM ET
- Accepted
- Jul 29, 8:32 PM ET
- Size
- 12.1 KB