OPLINK COMMUNICATIONS INC 4
4 · OPLINK COMMUNICATIONS INC · Filed Dec 23, 2014
Insider Transaction Report
Form 4
Transactions
- Disposition to Issuer
Stock Options (right to buy)
2014-12-23−40,000→ 0 totalExercise: $16.46Exp: 2019-08-29→ Common Stock (40,000 underlying) - Disposition to Issuer
Restricted Stock Units
2014-12-23−18,750→ 0 totalExercise: $0.00→ Common Stock (18,750 underlying) - Disposition from Tender
Common Stock
2014-12-23$24.25/sh−33,454$811,260→ 0 total - Disposition to Issuer
Stock Options (right to buy)
2014-12-23−5,209→ 0 totalExercise: $13.12Exp: 2017-08-23→ Common Stock (5,209 underlying) - Disposition to Issuer
Stock Options (right to buy)
2014-12-23−16,669→ 0 totalExercise: $10.09Exp: 2018-05-17→ Common Stock (16,669 underlying)
Footnotes (3)
- [F1]Pursuant to the terms of the Agreement and Plan of Merger, dated as of November 18, 2014 (the "Merger Agreement"), among Oplink Communications, Inc. ("Oplink"), Koch Industries, Inc. and Koch Optics, Inc., on December 23, 2014, each share of Oplink common stock, par value $0.001 ("Common Stock") tendered and accepted for payment in the Offer (as defined in the Merger Agreement) was converted into the right to receive, and each share of Common Stock not so tendered and accepted for payment in the Offer was also converted into the right to receive, $24.25 per share in cash (the "Offer Price"), without interest and less any withholding taxes as required by law.
- [F2]Pursuant to the Merger Agreement, on December 23, 2014, each Oplink stock option outstanding at the Effective Time (as defined in the Merger Agreement), whether or not vested, was cancelled and converted into the right to receive the excess, if any, of the Offer Price over the exercise price per share of the stock option, less any withholding taxes as required by law.
- [F3]Pursuant to the Merger Agreement, on December 23, 2014, each Oplink restricted stock unit immediately outstanding prior to the Effective Time was cancelled and converted into the right to receive the Offer Price, less any withholding taxes as required by law.,