WHITE A TRAVIS 4
4 · MICROTUNE INC · Filed Dec 2, 2010
Insider Transaction Report
Form 4
MICROTUNE INCTUNE
WHITE A TRAVIS
Director
Transactions
- Disposition to Issuer
Restricted Stock Units
2010-11-30−14,000→ 0 total→ Common Stock (14,000 underlying) - Disposition to Issuer
Stock Options (right to buy)
2010-11-30−135,938→ 0 total→ Common Stock (135,938 underlying) - Disposition to Issuer
Common Stock
2010-11-30$2.92/sh−2,800$8,176→ 0 total
Footnotes (6)
- [F1]Disposed of pursuant to the Agreement and Plan of Merger between Issuer, Zoran Corporation ("Zoran") and Maple Acquisition Corp. dated September 7, 2010 (the "Merger Agreement"), in exchange for $2.92 per share in cash.
- [F2]Each restricted stock unit represents the contingent right to receive one share of Microtune common stock.
- [F3]Pursuant to the Merger Agreement, the restricted stock units were cancelled in exchange for $2.92 per share in cash ($40,880.00)
- [F4]Pursuant to the Merger Agreement, the options vested in full immediately prior to the effectiveness of the merger.
- [F5]Pursuant to the Merger Agreement, the options were cancelled upon the effectiveness of the merger in exchange for a cash payment of $6,900.00, which represents the excess of $2.92 over the per share exercise price of the option.
- [F6]Please reference the Issuer's latest proxy statement.