AFFYMETRIX INC 4
4 · AFFYMETRIX INC · Filed Apr 1, 2016
Insider Transaction Report
Form 4
AFFYMETRIX INCAFFX
RAINES MERILEE
Director
Transactions
- Disposition to Issuer
Common Stock
2016-03-31−7,579→ 0 total - Disposition to Issuer
Stock Option (right to buy)
2016-03-31−30,000→ 0 totalExercise: $10.69→ Common Stock (30,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2016-03-31−5,053→ 0 totalExercise: $12.37→ Common Stock (5,053 underlying)
Footnotes (1)
- [F1]Pursuant to the Agreement and Plan of Merger dated as of January 8, 2016 by and among Affymetrix, Inc. ("Affymetrix"), Thermo Fisher Scientific Inc. ("Thermo Fisher") and White Birch Merger Co. (the "Merger Agreement"), (x) each outstanding share of common stock of Affymetrix was cancelled and converted into the right to receive $14.00 in cash; (y) each vested stock option was cancelled and converted into the right to receive a cash payment per share equal to the excess, if any, of $14.00 over the exercise price; and (z) each unvested stock option and RSU, whether vested or unvested, was assumed by Thermo Fisher and converted into the right to receive a cash payment per share equal to the excess, if any, of $14.00 over the exercise price, as applicable.