Home/Filings/4/0001127602-16-064266
4//SEC Filing

HUTCHINSON TECHNOLOGY INC 4

Accession 0001127602-16-064266

CIK 0000772897operating

Filed

Oct 4, 8:00 PM ET

Accepted

Oct 5, 1:28 PM ET

Size

28.5 KB

Accession

0001127602-16-064266

Insider Transaction Report

Form 4
Period: 2016-10-05
Transactions
  • Disposition to Issuer

    Employee Stock Option (Right to Buy)

    2016-10-0510,0000 total
    Exercise: $26.21Exp: 2017-11-28Common Stock (10,000 underlying)
  • Disposition to Issuer

    Employee Stock Option (Right to Buy)

    2016-10-0510,0000 total
    Exercise: $3.03Exp: 2018-12-03Common Stock (10,000 underlying)
  • Disposition to Issuer

    Employee Stock Option (Right to Buy)

    2016-10-0524,0000 total
    Exercise: $1.70Exp: 2021-11-29Common Stock (24,000 underlying)
  • Disposition to Issuer

    Common Stock

    2016-10-05$4.00/sh23,008.981$92,0360 total
  • Disposition to Issuer

    Employee Stock Option (Right to Buy)

    2016-10-056,0000 total
    Exercise: $27.46Exp: 2015-11-30Common Stock (6,000 underlying)
  • Disposition to Issuer

    Employee Stock Option (Right to Buy)

    2016-10-0510,0000 total
    Exercise: $23.05Exp: 2016-11-29Common Stock (10,000 underlying)
  • Disposition to Issuer

    Employee Stock Option (Right to Buy)

    2016-10-0516,0000 total
    Exercise: $7.35Exp: 2019-12-02Common Stock (16,000 underlying)
  • Disposition to Issuer

    Employee Stock Option (Right to Buy)

    2016-10-0530,0000 total
    Exercise: $3.03Exp: 2020-12-01Common Stock (30,000 underlying)
  • Disposition to Issuer

    Employee Stock Option (Right to Buy)

    2016-10-0560,0000 total
    Exercise: $1.53Exp: 2022-12-04Common Stock (60,000 underlying)
  • Disposition to Issuer

    Employee Stock Option (Right to Buy)

    2016-10-0560,0000 total
    Exercise: $2.98Exp: 2023-12-03Common Stock (60,000 underlying)
  • Disposition to Issuer

    Employee Stock Option (Right to Buy)

    2016-10-0560,0000 total
    Exercise: $3.43Exp: 2024-12-02Common Stock (60,000 underlying)
Footnotes (11)
  • [F1]Price reflects per share consideration paid pursuant to the Agreement and Plan of Merger, dated November 1, 2015 (the "Merger Agreement"), by and among Hutchinson Technology Incorporated, Headway Technologies, Inc. and Hydra Merger Sub, Inc.
  • [F10]These stock options, which provided for vesting in three equal installments beginning on the first anniversary of the date of grant, were canceled pursuant to the terms of the Merger Agreement in exchange for a cash payment of $4.00 less the per share exercise price multiplied by the number of unexercised options, without interest.
  • [F11]These stock options, which provided for vesting in three equal installments beginning on the first anniversary of the date of grant, were canceled pursuant to the terms of the Merger Agreement in exchange for a cash payment of $4.00 less the per share exercise price multiplied by the number of unexercised options, without interest.
  • [F2]These stock options, which provided for vesting in two equal installments beginning on the first anniversary of the date of grant, have either expired or have been canceled pursuant to the terms of the Merger Agreement.
  • [F3]These stock options, which provided for vesting in two equal installments beginning on the first anniversary of the date of grant, were canceled pursuant to the terms of the Merger Agreement.
  • [F4]These stock options, which provided for vesting in two equal installments beginning on the first anniversary of the date of grant, were canceled pursuant to the terms of the Merger Agreement.
  • [F5]These stock options, which provided for vesting in two equal installments beginning on the first anniversary of the date of grant, were canceled pursuant to the terms of the Merger Agreement in exchange for a cash payment of $4.00 less the per share exercise price multiplied by the number of unexercised options, without interest.
  • [F6]These stock options, which provided for vesting in two equal installments beginning on the first anniversary of the date of grant, were canceled pursuant to the terms of the Merger Agreement.
  • [F7]These stock options, which provided for vesting in two equal installments beginning on the first anniversary of the date of grant, were canceled pursuant to the terms of the Merger Agreement in exchange for a cash payment of $4.00 less the per share exercise price multiplied by the number of unexercised options, without interest.
  • [F8]These stock options, which provided for vesting in three equal installments beginning on the first anniversary of the date of grant, were canceled pursuant to the terms of the Merger Agreement in exchange for a cash payment of $4.00 less the per share exercise price multiplied by the number of unexercised options, without interest.
  • [F9]These stock options, which provided for vesting in three equal installments beginning on the first anniversary of the date of grant, were canceled pursuant to the terms of the Merger Agreement in exchange for a cash payment of $4.00 less the per share exercise price multiplied by the number of unexercised options, without interest.

Issuer

HUTCHINSON TECHNOLOGY INC

CIK 0000772897

Entity typeoperating
IncorporatedMN

Related Parties

1
  • filerCIK 0000772897

Filing Metadata

Form type
4
Filed
Oct 4, 8:00 PM ET
Accepted
Oct 5, 1:28 PM ET
Size
28.5 KB