4//SEC Filing
REED DAVID P 4
Accession 0001127602-12-032326
CIK 0000018937other
Filed
Nov 28, 7:00 PM ET
Accepted
Nov 29, 9:19 PM ET
Size
17.7 KB
Accession
0001127602-12-032326
Insider Transaction Report
Form 4
CERADYNE INCCRDN
REED DAVID P
President, North American Oper
Transactions
- Tax Payment
Common Stock
2012-11-27$35.00/sh−13,787$482,545→ 21,813 total - Exercise/Conversion
Common Stock
2012-11-27+35,600→ 35,600 total - Disposition to Issuer
Common Stock
2012-11-28−21,813→ 0 total - Disposition to Issuer
Employee Stock Option (Right to Buy)
2012-11-27−7,500→ 0 totalExercise: $21.84From: 2012-11-27Exp: 2012-11-27→ Common Stock (7,500 underlying) - Exercise/Conversion
Restricted Stock Units
2012-11-27−35,600→ 0 totalFrom: 2012-11-27Exp: 2012-11-27→ Common Stock (35,600 underlying) - Disposition from Tender
Common Stock
2012-11-27$35.00/sh−36,810$1,288,350→ 0 total - Disposition to Issuer
Employee Stock Option (Right to Buy)
2012-11-27−11,250→ 0 totalExercise: $16.89From: 2012-11-27Exp: 2012-11-27→ Common Stock (11,250 underlying)
Holdings
- 29(indirect: Non-qualified Deferred Compensation Plan)
Common Stock
- 1,768(indirect: By Trust)
Common Stock
Footnotes (5)
- [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 13,787 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 $115,213.55, representing the difference between the exercise price of the option and $35.00 per share underlying the option.
- [F5]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 $55,814.85, representing the difference between the exercise price of the option and $35.00 per share underlying the option.
Documents
Issuer
CERADYNE INC
CIK 0000018937
Entity typeother
Related Parties
1- filerCIK 0001216888
Filing Metadata
- Form type
- 4
- Filed
- Nov 28, 7:00 PM ET
- Accepted
- Nov 29, 9:19 PM ET
- Size
- 17.7 KB