4//SEC Filing
TANG EDWARD 4
Accession 0001181431-05-032987
CIK 0000715593other
Filed
Jun 2, 8:00 PM ET
Accepted
Jun 3, 4:46 PM ET
Size
16.9 KB
Accession
0001181431-05-032987
Insider Transaction Report
Form 4
TANG EDWARD
Director
Transactions
- Disposition from Tender
Common Stock
2005-06-01$2.00/sh−15,000$30,000→ 0 total - Disposition from Tender
Employee stock option (Right to buy)
2005-06-01$0.19/sh−5,000$950→ 0 totalExercise: $1.81Exp: 2009-12-31→ Common Stock (5,000 underlying)
Footnotes (5)
- [F1]The option vests and becomes exercisable at the rate of approximately 1/12th each month for a year starting 1/31/2000. This option was canceled pursuant to a merger agreement in exchange for a cash payment of $950.00 representing the difference between the exercise price of the option and the value of the underlying Hytek Microsystems common stock on the effective date of the merger ($2 per share).
- [F2]The option vests and becomes exercisable at the rate of approximately 1/12th each month for a year starting 1/29/2002. This option was canceled pursuant to a merger agreement in exchange for a cash payment of $450.00 representing the difference between the exercise price of the option and the value of the underlying Hytek Microsystems common stock on the effective date of the merger ($2 per share).
- [F3]The option vests and becomes exercisable at the rate of approximately 1/12th each month for a year starting 1/27/2003. This option was canceled pursuant to a merger agreement in exchange for a cash payment of $6,350.00 representing the difference between the exercise price of the option and the value of the underlying Hytek Microsystems common stock on the effective date of the merger ($2 per share).
- [F4]The option vests and becomes exercisable at the rate of approximately 1/12th each month for a year starting 1/31/2004. This option was canceled pursuant to a merger agreement in exchange for a cash payment of $5,600.00 representing the difference between the exercise price of the option and the value of the underlying Hytek Microsystems common stock on the effective date of the merger ($2 per share).
- [F5]The option vests and becomes exercisable at the rate of approximately 1/12th each month for a year starting 1/31/2004. This option was canceled pursuant to a merger agreement in exchange for a cash payment of $5,600.00 representing the difference between the exercise price of the option and the value of the underlying Hytek Microsystems common stock on the effective date of the merger ($2 per share)
Documents
Issuer
HYTEK MICROSYSTEMS INC
CIK 0000715593
Entity typeother
Related Parties
1- filerCIK 0001262872
Filing Metadata
- Form type
- 4
- Filed
- Jun 2, 8:00 PM ET
- Accepted
- Jun 3, 4:46 PM ET
- Size
- 16.9 KB