4//SEC Filing
HITTITE MICROWAVE CORP 4
Accession 0001179110-14-011968
CIK 0001130866operating
Filed
Jul 22, 8:00 PM ET
Accepted
Jul 23, 6:04 PM ET
Size
9.9 KB
Accession
0001179110-14-011968
Insider Transaction Report
Form 4
Guven Gorkem
Vice President
Transactions
- Disposition to Issuer
Common Stock
2014-07-22$78.00/sh−26,721$2,084,238→ 0 total - Disposition to Issuer
Time-Vested Restricted Stock Unit
2014-07-22−7,841→ 0 total→ Common Stock (7,841 underlying) - Disposition to Issuer
Performance-Vested Restricted Stock Unit
2014-07-22−2,875→ 0 total→ Common Stock (2,875 underlying)
Footnotes (4)
- [F1]Includes 3,536 restricted stock awards that were canceled 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, in exchange for a replacement restricted stock award for shares of the common stock of ADI, in an amount equal to the number of canceled restricted stock awards multiplied by the ratio of $78 divided by the average closing price of ADI common stock during the five consecutive trading days ending on July 22, 2014, the effective date of merger.
- [F2]Disposed of upon the effectiveness of the merger.
- [F3]Each restricted stock unit represented a contingent right to receive one share of Hittite common stock.
- [F4]Upon the effectiveness of the merger, each restricted stock unit was canceled in exchange for a replacement restricted stock unit award for shares of the common stock of ADI, in an amount equal to the number of canceled restricted stock units multiplied by the ratio of $78 divided by the average closing price of ADI common stock during the five consecutive trading days ending on July 22, 2014, the effective date of merger.
Documents
Issuer
HITTITE MICROWAVE CORP
CIK 0001130866
Entity typeoperating
Related Parties
1- filerCIK 0001130866
Filing Metadata
- Form type
- 4
- Filed
- Jul 22, 8:00 PM ET
- Accepted
- Jul 23, 6:04 PM ET
- Size
- 9.9 KB