Korgav Ibrahim 4
4 · NETLOGIC MICROSYSTEMS INC · Filed Feb 17, 2012
Insider Transaction Report
Form 4
Korgav Ibrahim
Sr VP of Business Operations
Transactions
- Disposition to Issuer
Common Stock
2012-02-17−8,250→ 37,500 total - Disposition to Issuer
Stock Option (right to buy)
2012-02-17−1,375→ 0 totalExercise: $13.93Exp: 2018-01-06→ Common Stock (1,375 underlying) - Disposition to Issuer
Common Stock
2012-02-17−6,375→ 16,500 total - Disposition to Issuer
Common Stock
2012-02-17−8,250→ 0 total - Disposition to Issuer
Common Stock
2012-02-17−6,375→ 22,875 total - Disposition to Issuer
Common Stock
2012-02-17−8,250→ 8,250 total - Disposition to Issuer
Stock Option (right to buy)
2012-02-17−16,500→ 0 totalExercise: $10.95Exp: 2019-01-04→ Common Stock (16,500 underlying) - Disposition to Issuer
Common Stock
2012-02-17$50.00/sh−9,237$461,850→ 45,750 total - Disposition to Issuer
Common Stock
2012-02-17−8,250→ 29,250 total
Footnotes (11)
- [F1]Disposed of pursuant to the merger agreement (the "Merger Agreement") among the issuer, Broadcom Corporation ("Broadcom") and I&N Acquisition Corp. in exchange for $50.00 cash per share.
- [F10]Pursuant to the Merger Agreement, this option was assumed by Broadcom and converted into an option to purchase a number of shares of Broadcom common stock equal to the product (rounded down to the nearest whole share) of (a) the number of issuer shares issuable upon exercise in full of such option, multiplied by (b) the Option Ratio, at a proportionately reduced exercise price per share.
- [F11]This option provided for vesting at the rate of 1/12th of the shares subject to the option at the end of each calendar month during 2012.
- [F2]Pursuant to the Merger Agreement, this restricted stock unit (RSU) award was assumed by Broadcom and converted into an RSU award for a number of shares of Broadcom common stock equal to the product (rounded down to the nearest whole share) of (a) the unissued number of issuer shares subject to such award, multiplied by (b) a fraction (the "Option Ratio"), the numerator of which is 50, and the denominator of which is the volume weighted average price for a share of Broadcom common stock for the five trading days immediately prior to (and excluding) February 17, 2012, as reported by Bloomberg, L.P.
- [F3]This RSU award provided for vesting in full on November 15, 2013.
- [F4]This RSU award provided for vesting in full on May 15, 2014.
- [F5]This RSU award provided for vesting in full on November 15, 2013.
- [F6]This RSU award provided for vesting in full on May 15, 2013.
- [F7]This RSU award provided for vesting in full on November 5, 2012.
- [F8]This RSU award provided for vesting in full on May 5, 2012.
- [F9]This option provided for vesting at the rate of 1/12th of the shares subject to the option at the end of each calendar month during 2011.