Lach Steven N. 4
4 · MERIX CORP · Filed Feb 17, 2010
Insider Transaction Report
Form 4
MERIX CORPMERX
Lach Steven N.
VP, North American Operations
Transactions
- Exercise/Conversion
Common Stock
2010-02-16$1.62/sh+10,000$16,200→ 19,190 total - Tax Payment
Common Stock
2010-02-16−8,329→ 10,861 total - Exercise/Conversion
Common Stock
2010-02-16$1.60/sh+95,000$152,000→ 105,861 total - Tax Payment
Common Stock
2010-02-16−79,519→ 26,342 total - Disposition to Issuer
Common Stock
2010-02-16−26,342→ 0 total - Exercise/Conversion
Stock Option (Right to Buy)
2010-02-16−4,000→ 0 totalExercise: $1.91Exp: 2015-02-11→ Common Stock (4,000 underlying) - Exercise/Conversion
Stock Option (Right to Buy)
2010-02-16−42,500→ 0 totalExercise: $1.91Exp: 2015-04-30→ Common Stock (42,500 underlying) - Exercise/Conversion
Stock Option (Right to Buy)
2010-02-16−10,000→ 0 totalExercise: $1.62Exp: 2015-09-15→ Common Stock (10,000 underlying) - Exercise/Conversion
Common Stock
2010-02-16$1.91/sh+4,000$7,640→ 9,000 total - Tax Payment
Common Stock
2010-02-16−3,640→ 5,360 total - Exercise/Conversion
Common Stock
2010-02-16$1.91/sh+42,500$81,175→ 47,860 total - Tax Payment
Common Stock
2010-02-16−38,670→ 9,190 total - Exercise/Conversion
Stock Option (Right to Buy)
2010-02-16−95,000→ 0 totalExercise: $1.60Exp: 2016-08-07→ Common Stock (95,000 underlying)
Footnotes (3)
- [F1]Represents the total amount of shares withheld by the Issuer in payment of the aggregate option exercise price and withholding tax liability incurred upon the above reported exercise of option. The amount of shares withheld is based on the closing price on February 12, 2010.
- [F2]Disposed of pursuant to the merger agreement among Issuer, Viasystems Group, Inc. ("VGI") and Maple Acquisition Corp. in which each share of Issuer Common Stock was exchanged for the right to receive shares of VGI Common Stock at the exchange ratio calculated pursuant to the merger agreement.
- [F3]Pursuant to the merger agreement, the shares outstanding under this option accelerated and became fully vested and exercisable on February 16, 2010, the effective date of the merger.