4//SEC Filing
AMERICAN SCIENCE & ENGINEERING, INC. 4
Accession 0001104659-16-144134
CIK 0000005768operating
Filed
Sep 11, 8:00 PM ET
Accepted
Sep 12, 7:47 AM ET
Size
14.5 KB
Accession
0001104659-16-144134
Insider Transaction Report
Form 4
Dougherty Charles P
DirectorPresident & CEO
Transactions
- Disposition to Issuer
Common Stock
2016-09-09$37.00/sh−10,001$370,037→ 0 total - Disposition to Issuer
Restricted Stock Units
2016-09-09−10,820→ 0 total→ Common Stock (10,820 underlying) - Disposition to Issuer
Restricted Stock Units
2016-09-09−5,968→ 0 total→ Common Stock (5,968 underlying) - Disposition to Issuer
Restricted Stock Units
2016-09-09−10,454→ 0 total→ Common Stock (10,454 underlying) - Disposition to Issuer
Restricted Stock Units
2016-09-09−8,452→ 0 total→ Common Stock (8,452 underlying)
Footnotes (2)
- [F1]On September 9, 2016, pursuant to the Agreement and Plan of Merger among the issuer, OSI Systems, Inc. ("Buyer") and Apple Merger Sub, Inc., a wholly owned subsidiary of Buyer ("Merger Sub"), dated June 20, 2016 (the "Merger Agreement"), Merger Sub merged wth and into the issuer (the "Merger"), with the issuer surviving the Merger as a wholly owned subsidiary of Buyer. Pursuant to the Merger Agreement, at the effective time of the Merger, the shares automatically converted into the right to receive $37.00 per share in cash.
- [F2]This Restricted Stock Unit award (the "RSU") was assumed by Buyer and converted in the Merger into restricted stock units of Buyer ("Assumed RSUs") covering a number of shares of Buyer common stock equal to the product of (i) the total number of shares of issuer common stock then underlying such issuer RSU multiplied by (ii) the quotient obtained by dividing (x) $37.00 by (y) the average closing sales price for a share of Buyer common stock on Nasdaq for the ten (10) consecutive trading days ending with, and including, September 7, 2016. Each Assumed RSU is subject to the same terms and conditions as were applicable under such issuer RSU.
Documents
Issuer
AMERICAN SCIENCE & ENGINEERING, INC.
CIK 0000005768
Entity typeoperating
IncorporatedMA
Related Parties
1- filerCIK 0000005768
Filing Metadata
- Form type
- 4
- Filed
- Sep 11, 8:00 PM ET
- Accepted
- Sep 12, 7:47 AM ET
- Size
- 14.5 KB