4//SEC Filing
MICROTUNE INC 4
Accession 0001181431-10-058921
CIK 0001108058operating
Filed
Dec 1, 7:00 PM ET
Accepted
Dec 2, 6:50 PM ET
Size
9.7 KB
Accession
0001181431-10-058921
Insider Transaction Report
Form 4
MICROTUNE INCTUNE
MARREN BERNARD T
Director
Transactions
- Disposition to Issuer
Common Stock
2010-11-30$2.92/sh−502,800$1,468,176→ 0 total - Disposition to Issuer
Stock Options (right to buy)
2010-11-30−87,000→ 0 total→ Common Stock (87,000 underlying) - Disposition to Issuer
Restricted Stock Units
2010-11-30−14,000→ 0 total→ Common Stock (14,000 underlying)
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 $0.00, which represents the excess of $2.92 over the per share exercise price of the option.
- [F6]Please see the Issuer's latest proxy statement.
Documents
Issuer
MICROTUNE INC
CIK 0001108058
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001108058
Filing Metadata
- Form type
- 4
- Filed
- Dec 1, 7:00 PM ET
- Accepted
- Dec 2, 6:50 PM ET
- Size
- 9.7 KB