MINDSPEED TECHNOLOGIES, INC 4
4 · MINDSPEED TECHNOLOGIES, INC · Filed Dec 23, 2013
Insider Transaction Report
Form 4
Bajwa Najabat H.
Senior Vice President
Transactions
- Tax Payment
Common Stock
2013-12-17$5.04/sh−43,157$217,511→ 71,680 total - Disposition from Tender
Common Stock
2013-12-17$5.05/sh−71,680$361,984→ 0 total - Disposition from Tender
Common Stock
2013-12-17$5.05/sh−3,977$20,084→ 0 total(indirect: By Savings Plan - MSPD) - Disposition to Issuer
Stock Option (Right to Buy)
2013-12-17−2,500→ 0 totalExercise: $3.96From: 2009-08-14Exp: 2016-08-14→ Common Stock (2,500 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2013-12-17−14,584→ 0 totalExercise: $4.36From: 2010-02-20Exp: 2017-11-20→ Common Stock (14,584 underlying)
Footnotes (3)
- [F1]Consists of shares of the Company's common stock withheld from the reporting person in order to satisfy applicable tax withholding obligations in connection with the vesting of restricted stock.
- [F2]Pursuant to the Agreement and Plan of Merger, dated November 5, 2013, between Mindspeed Technologies, Inc., M/A-COM Technology Solutions Holdings, Inc., a Delaware corporation ("Parent"), and Micro Merger Sub, Inc., a Delaware corporation and wholly owned subsidiary of Parent ("The Merger Agreement"), each share of Common Stock was exchanged for $5.05 in cash.
- [F3]In connection with the merger, the option was cancelled in exchange for a cash payment equal to the number of options multiplied by the difference between $5.05 and the exercise price of the option per share.