Harris Steven L 4
4 · ELECTRO SCIENTIFIC INDUSTRIES INC · Filed Feb 1, 2019
Insider Transaction Report
Form 4
Harris Steven L
Vice President of Engineering
Transactions
- Disposition to Issuer
Common Stock
2019-02-01$30.00/sh−38,647$1,159,410→ 25,900 total - Disposition to Issuer
Common Stock
2019-02-01−25,900→ 0 total
Footnotes (2)
- [F1]38,647 shares of Issuer common stock were cancelled and disposed of at the effective time of the merger of EAS Equipment, Inc. ("Merger Sub"), a wholly owned subsidiary of MKS Instruments, Inc. ("MKS"), with and into the Issuer (the "Merger"), pursuant to that certain Agreement and Plan of Merger dated October 29, 2018, among the Issuer, MKS and Merger Sub (the "Merger Agreement") as a result of which Issuer became a wholly owned subsidiary of MKS, in exchange for a cash payment of $30.00 per share.
- [F2]Restricted stock units representing the right to receive a total of 25,900 shares of Issuer's common stock were assumed by MKS at the effective time of the Merger and converted into restricted stock units representing the right to receive 9,844 shares of MKS's common stock, in accordance with the terms of the Merger Agreement.