4//SEC Filing
Freescale Semiconductor, Ltd. 4
Accession 0001127602-15-016874
CIK 0001392522operating
Filed
May 10, 8:00 PM ET
Accepted
May 11, 6:39 PM ET
Size
10.3 KB
Accession
0001127602-15-016874
Insider Transaction Report
Form 4
LISTER THOMAS H
Director
Transactions
- Exercise of In-Money
Warrant
2015-05-07−9,534,587→ 0 total(indirect: Footnote)Exercise: $36.12→ Common Shares (9,534,587 underlying) - Exercise of In-Money
Common Shares
2015-05-07$36.12/sh+9,534,587$344,389,282→ 205,671,482 total(indirect: Footnote) - Sale
Common Shares
2015-05-07$39.62/sh−8,691,432$344,354,536→ 196,980,050 total(indirect: Footnote)
Footnotes (3)
- [F1]On May 7, 2015, Freescale Holdings L.P. ("Holdings L.P.") exercised on a net basis the warrant (the "Warrant") held by it pursuant to the Warrant Agreement, dated as of December 1, 2006, between the Issuer and Holdings L.P. (the "Warrant Agreement"), resulting in an issuance of 843,155 Common Shares of the Issuer to Holdings L.P. Holdings L.P. paid the exercise price on a cashless basis, resulting in the withholding of 8,691,432 Common Shares of the Issuer to pay the exercise price and in an issuance of 843,155 Common Shares of the Issuer to Holdings L.P.
- [F2]These Issuer securities are held by Holdings L.P. and may be deemed to be beneficially owned by funds advised by Permira Advisers LLC through direct and indirect interests in Holdings L.P. Permira IV Managers L.P. has filed a separate Form 4 reporting such beneficial ownership and Mr. Lister, Co-Managing Partner of Permira and a member of Permira Advisers LLC, may be deemed to have beneficial ownership of those securities on the basis of his relationship with Permira IV Managers L.P. Mr. Lister disclaims beneficial ownership of the reported securities, except to the extent of his pecuniary interest therein, if any. The filing of this statement shall not be deemed to be an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise, Mr. Lister is the beneficial owner of any securities reported herein.
- [F3]On December 1, 2006, the Issuer issued and granted to Freescale Holdings L.P. pursuant to a warrant agreement (the "Warrant"), subject to anti-dilution adjustment pursuant to the terms of the Warrant and certain other adjustments as described therein, the right to purchase 9,534,587 shares of Common Shares of the Issuer, exercisable immediately.
Documents
Issuer
Freescale Semiconductor, Ltd.
CIK 0001392522
Entity typeoperating
IncorporatedBermuda
Related Parties
1- filerCIK 0001392522
Filing Metadata
- Form type
- 4
- Filed
- May 10, 8:00 PM ET
- Accepted
- May 11, 6:39 PM ET
- Size
- 10.3 KB