CLARDY JAMES H 4

4 · MICROTUNE INC · Filed Dec 2, 2010

Form 4

Period: 2010-11-30

Director

Transactions

Disposition to Issuer
Common Stock
2010-11-30$2.92/sh−82,800$241,776→ 0 total
Disposition to Issuer
Stock Options (right to buy)
2010-11-30−140,938→ 0 total
→ Common Stock (140,938 underlying)
Disposition to Issuer
Restricted Stock Units
2010-11-30−14,000→ 0 total
→ Common Stock (14,000 underlying)

Footnotes (7)

[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]Includes 25,000 shares of common stock held by trusts for the benefit of Mr. Clardy's children.
[F3]Each restricted stock unit represents a contingent right to receive one share of Microtune common stock.
[F4]Pursuant to the Merger Agreement, the restricted stock units were cancelled in exchange for $2.92 per share in cash ($40,880.00).
[F5]Pursuant to the Merger Agreement, the options vested in full immediately prior to the effectiveness of the merger.
[F6]Pursuant to the Merger Agreement, the options were cancelled upon the effectiveness of the merger in exchange for a cash payment of $3,000.00, which represents the excess of $2.92 over the per share exercise price of the option.
[F7]Please see the Issuer's latest proxy statement.

Documents

1 file