Home/Filings/4/0001137638-05-000048
4//SEC Filing

SMTEK INTERNATIONAL INC 4

Accession 0001137638-05-000048

CIK 0000026987operating

Filed

Feb 1, 7:00 PM ET

Accepted

Feb 2, 6:47 PM ET

Size

29.6 KB

Accession

0001137638-05-000048

Insider Transaction Report

Form 4
Period: 2005-01-31
Transactions
  • Disposition to Issuer

    Common Stock

    2005-01-3129,3590 total
  • Disposition to Issuer

    Common Stock

    2005-01-312000 total(indirect: By Self)
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2005-01-319160 total
    Exercise: $10.00Exp: 2008-11-19Common Stock (916 underlying)
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2005-01-311,5000 total
    Exercise: $6.50Exp: 2009-07-01Common Stock (1,500 underlying)
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2005-01-315,0000 total
    Exercise: $5.00Exp: 2010-11-09Common Stock (5,000 underlying)
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2005-01-312,1780 total
    Exercise: $7.75Exp: 2011-07-02Common Stock (2,178 underlying)
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2005-01-318120 total
    Exercise: $6.18Exp: 2011-11-14Common Stock (812 underlying)
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2005-01-314860 total
    Exercise: $3.99Exp: 2012-02-19Common Stock (486 underlying)
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2005-01-317,2730 total
    Exercise: $2.15Exp: 2012-07-01Common Stock (7,273 underlying)
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2005-01-315,0000 total
    Exercise: $0.79Exp: 2012-11-12Common Stock (5,000 underlying)
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2005-01-3122,6410 total
    Exercise: $5.62Exp: 2013-11-13Common Stock (22,641 underlying)
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2005-01-315,0000 total
    Exercise: $7.02Exp: 2014-07-01Common Stock (5,000 underlying)
Footnotes (2)
  • [F1]Disposed of upon effectiveness of merger (the ''Merger''), pursuant to merger agreement between issuer and CTS Corporation ("CTS"), in exchange for right to receive $10.725 in cash and $3.5309 in CTS common stock for each share of Issuer's common stock held by the reporting person on January 31, 2005, the effective date of the Merger.
  • [F2]This option, which provided for full vesting on date of grant, was canceled in the merger between the Issuer and CTS Corporation (the "Merger") in exchange for a right to receive a cash payment in an amount equal to (a) the total number of option shares multiplied by (b) an amount equal to the difference between $14.26 (the cash value of the consideration received by the issuer's shareholders per share) and the exercise price per share for each outstanding option on January 31, 2005, the effective date of the Merger.

Documents

1 file

Issuer

SMTEK INTERNATIONAL INC

CIK 0000026987

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0000026987

Filing Metadata

Form type
4
Filed
Feb 1, 7:00 PM ET
Accepted
Feb 2, 6:47 PM ET
Size
29.6 KB