COOPER MILTON E 4
4 · APPLIED SIGNAL TECHNOLOGY INC · Filed Feb 2, 2011
Insider Transaction Report
Form 4
COOPER MILTON E
Director
Transactions
- Disposition to Issuer
Stock Option (Right to Buy)
2011-01-31−7,500→ 0 totalExercise: $23.41Exp: 2013-03-10→ Common Stock (7,500 underlying) - Disposition from Tender
Common Stock
2011-01-31$38.00/sh−5,850$222,300→ 0 total - Disposition to Issuer
Stock Option (Right to Buy)
2011-01-31−22,500→ 0 totalExercise: $26.10Exp: 2012-03-11→ Common Stock (22,500 underlying)
Footnotes (2)
- [F1]This option was cancelled as a result of the completion of the tender offer that expired on January 28, 2011 in exchange for a cash payment of $109,425, representing the difference between the exercise price of the option and the offer price ($38.00 per share) pursuant to the Agreement and Plan of Merger, dated December 18, 2010, between the issuer, Raytheon Company and RN Acquisition Company.
- [F2]This option was cancelled as a result of the completion the tender offer that expired on January 28, 2011 in exchange for a cash payment of $267,750, representing the difference between the exercise price of the option and the offer price ($38.00 per share) pursuant to the Agreement and Plan of Merger, dated December 18, 2010, between the issuer, Raytheon Company and RN Acquisition Company.