4//SEC Filing
DTS, INC. 4
Accession 0001179110-16-032385
CIK 0001226308operating
Filed
Dec 4, 7:00 PM ET
Accepted
Dec 5, 5:21 PM ET
Size
16.4 KB
Accession
0001179110-16-032385
Insider Transaction Report
Form 4
DTS, INC.DTSI
BALLARD GREGORY L
Director
Transactions
- Disposition to Issuer
Stock Option (Right to Buy)
2016-12-01$14.63/sh−7,590$111,042→ 0 totalExercise: $27.87Exp: 2022-05-10→ Common Stock (7,590 underlying) - Disposition to Issuer
Common Stock
2016-12-01$42.50/sh−21,630$919,275→ 0 total - Disposition to Issuer
Stock Option (Right to Buy)
2016-12-01$12.84/sh−10,000$128,400→ 0 totalExercise: $29.66Exp: 2018-04-30→ Common Stock (10,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2016-12-01$18.06/sh−1,500$27,090→ 0 totalExercise: $24.44Exp: 2019-05-14→ Common Stock (1,500 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2016-12-01$22.28/sh−11,304$251,853→ 0 totalExercise: $20.22Exp: 2023-06-06→ Common Stock (11,304 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2016-12-01$9.73/sh−6,000$58,380→ 0 totalExercise: $32.77Exp: 2020-06-04→ Common Stock (6,000 underlying)
Footnotes (7)
- [F1]Disposed of pursuant to the terms of the Agreement and Plan of Merger (the "Merger Agreement"), dated as of September 19, 2016, among the issuer, Tessera Technologies, Inc., Tempe Holdco Corporation, Tempe Merger Sub Corporation and Arizona Merger Sub Corporation in exchange for $42.50 per share (the "Merger Consideration") upon the closing of the merger.
- [F2]The shares underlying this option will vest and become exercisable in thirty six equal installments on each monthly anniversary of the date of grant (May 1, 2008).
- [F3]This option was cancelled pursuant to the terms of the Merger Agreement and, as set forth in the Merger Agreement, was exchanged for the right to receive a cash payment equal to the difference between the Merger Consideration and the option exercise price multiplied by the number of vested options.
- [F4]This option vests and becomes exercisable in equal monthly installments over a twelve month period, as measured from the date of grant (May 14, 2009).
- [F5]This option vests and becomes exercisable in equal monthly installments over a twelve month period, as measured from the date of grant (June 4, 2010).
- [F6]This option vests and becomes exercisable in equal monthly installments over a twenty four month period, as measured from the date of grant (May 10, 2012).
- [F7]This option vests and becomes exercisable in equal monthly installments over a twenty four month period, as measured from the date of grant (June 6, 2013).
Documents
Issuer
DTS, INC.
CIK 0001226308
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001226308
Filing Metadata
- Form type
- 4
- Filed
- Dec 4, 7:00 PM ET
- Accepted
- Dec 5, 5:21 PM ET
- Size
- 16.4 KB