SYMMETRICOM INC 4
4 · SYMMETRICOM INC · Filed Nov 27, 2013
Insider Transaction Report
Form 4
SYMMETRICOM INCSYMM
Spencer Justin
Chief Financial Officer
Transactions
- Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2013-11-26−50,000→ 0 totalExercise: $5.13→ Common Stock (50,000 underlying) - Disposition from Tender
Common Stock
2013-11-26$7.18/sh−22,004$157,989→ 64,210 total - Disposition to Issuer
Common Stock
2013-11-26$7.18/sh−64,210$461,028→ 0 total - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2013-11-26−40,000→ 0 totalExercise: $6.23→ Common Stock (40,000 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2013-11-26−90,000→ 0 totalExercise: $4.57→ Common Stock (90,000 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2013-11-26−45,000→ 0 totalExercise: $6.15→ Common Stock (45,000 underlying)
Footnotes (2)
- [F1]Represents shares of Common Stock cancelled in exchange for the consideration set forth in that certain Agreement and Plan of Merger, dated as of October 21, 2013, by and among the Company, Microsemi Corporation, a Delaware corporation, and PETT Acquisition Corp., a Delaware corporation and wholly owned subsidiary of Parent (the "Merger Agreement") in a transaction exempt from Section 16(b) pursuant to Rule 16b-3(e).
- [F2]Represents options to purchase shares of Common Stock cancelled in exchange for the consideration set forth in the Merger Agreement.