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PELLIZZON JERROLD J 4

Accession 0001127602-12-032325

CIK 0000018937other

Filed

Nov 28, 7:00 PM ET

Accepted

Nov 29, 9:14 PM ET

Size

14.5 KB

Accession

0001127602-12-032325

Insider Transaction Report

Form 4
Period: 2012-11-27
PELLIZZON JERROLD J
Chief Financial Officer
Transactions
  • Disposition to Issuer

    Common Stock

    2012-11-2831,0000 total
  • Tax Payment

    Common Stock

    2012-11-27$35.00/sh4,600$161,00031,000 total
  • Exercise/Conversion

    Restricted Stock Units

    2012-11-2735,6000 total
    From: 2012-11-27Exp: 2012-11-27Common Stock (35,600 underlying)
  • Disposition from Tender

    Common Stock

    2012-11-27$35.00/sh68,763$2,406,7050 total
  • Exercise/Conversion

    Common Stock

    2012-11-27+35,60035,600 total
  • Disposition to Issuer

    Employee Stock Option (Right to Buy)

    2012-11-279,0000 total
    Exercise: $21.84From: 2012-11-27Exp: 2014-08-16Common Stock (9,000 underlying)
Holdings
  • Common Stock

    (indirect: By Trust)
    1,982
Footnotes (4)
  • [F1]Each restricted stock unit represented a contingent right to receive one share of Ceradyne common stock. Pursuant to the terms of the Agreement and Plan of Merger, dated September 30, 2012, by and among 3M Company, Cyborg Acquisition Corporation and Ceradyne, Inc., on November 27, 2012, the reporting person's restricted stock units were settled for 35,600 shares of Ceradyne common stock.
  • [F2]No shares were sold. These 4,600 shares represent amounts withheld and applied to the payroll tax withholding liability of the recipient generated by the vesting of the award.
  • [F3]Disposed of pursuant to the terms of the Agreement and Plan of Merger, dated as of September 30, 2012, by and among 3M Company, Cyborg Acquisition Corporation and Ceradyne, Inc., in exchange for a cash payment of $35.00 per share.
  • [F4]This option was cancelled pursuant to the terms of the Agreement and Plan of Merger, dated as of September 30, 2012, by and among 3M Company, Cyborg Acquisition Corporation and Ceradyne, Inc., in exchange for a cash payment of $116,722.62, representing the difference between the exercise price of the option and $35.00 per share underlying the option.

Issuer

CERADYNE INC

CIK 0000018937

Entity typeother

Related Parties

1
  • filerCIK 0001216887

Filing Metadata

Form type
4
Filed
Nov 28, 7:00 PM ET
Accepted
Nov 29, 9:14 PM ET
Size
14.5 KB