Measurement Specialties Inc 4
4 · Measurement Specialties Inc · Filed Oct 14, 2014
Insider Transaction Report
Form 4
UBER R BARRY
Director
Transactions
- Disposition to Issuer
Common Stock, no par value
2014-10-09$86.00/sh−13,200$1,135,200→ 0 total - Disposition to Issuer
Restricted Stock Units
2014-10-09−1,500→ 0 total→ Common stock (1,500 underlying)
Footnotes (2)
- [F1]As of the effective time (the "Effective Time") of the transactions contemplated by the Agreement and Plan of Merger by and among the Issuer, TE Connectivity Ltd. and Wolverine-Mars Acquisition, Inc., dated as of June 18, 2014 (the "Merger Agreement"), pursuant to the terms of the Merger Agreement, each share of common stock of the Issuer, no par value ("Common Stock"), held by the Reporting Person was canceled and converted into the right to receive $86.00 in cash.
- [F2]As of the Effective Time, these restricted stock units (a) fully vested pursuant to the terms of the applicable award agreements and (b) pursuant to the terms of the Merger Agreement, were canceled and converted into the right to receive a cash payment in an amount equal to the product of (x) $86.00 multiplied by (y) the total number of shares of Common stock underlying such restricted stock units.