HITTITE MICROWAVE CORP 4
4 · HITTITE MICROWAVE CORP · Filed Jul 23, 2014
Insider Transaction Report
Form 4
WEIGOLD FRANKLIN
Director
Transactions
- Disposition to Issuer
Restricted Stock Units
2014-07-22−2,753→ 0 total→ Common Stock (2,753 underlying) - Disposition to Issuer
Common Stock
2014-07-22$78.00/sh−14,658$1,143,324→ 0 total
Footnotes (3)
- [F1]Disposed of upon the effectiveness of the merger of BBAC Corp., a wholly owned subsidiary of Analog Devices, Inc. ("ADI"), with and into the issuer on July 22, 2014 pursuant to a merger agreement dated June 9, 2014 by and among ADI, BBAC Corp. and the issuer.
- [F2]Each restricted stock unit represented a contingent right to receive one share of Hittite common stock. The restricted stock units were to vest on 5/14/2015 or, if sooner, the date of issuer's annual meeting of stockholders in 2015.
- [F3]The restricted stock units were canceled in the merger in exchange for a cash payment of $214,734 (representing a price of $78 per restricted stock unit), on the effective date of merger.