Home/Filings/4/0001181431-10-060433
4//SEC Filing

OBRIEN PATRICK D 4

Accession 0001181431-10-060433

CIK 0000061478other

Filed

Dec 8, 7:00 PM ET

Accepted

Dec 9, 12:57 PM ET

Size

47.1 KB

Accession

0001181431-10-060433

Insider Transaction Report

Form 4
Period: 2010-12-08
OBRIEN PATRICK D
VP; PRESIDENT CONNECTIVITY
Transactions
  • Disposition to Issuer

    Common Stock

    2010-12-08$12.75/sh5,300$67,5750 total(indirect: By 401(k))
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2010-12-086,7470 total
    Exercise: $15.82Exp: 2012-11-27Common Stock (6,747 underlying)
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2010-12-085,9090 total
    Exercise: $18.76Exp: 2014-12-16Common Stock (5,909 underlying)
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2010-12-089,5480 total
    Exercise: $18.76Exp: 2014-12-16Common Stock (9,548 underlying)
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2010-12-0813,8180 total
    Exercise: $23.91Exp: 2015-12-15Common Stock (13,818 underlying)
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2010-12-0826,3460 total
    Exercise: $14.59Exp: 2013-12-18Common Stock (26,346 underlying)
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2010-12-0817,0500 total
    Exercise: $4.85Exp: 2015-12-15Common Stock (17,050 underlying)
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2010-12-0834,4740 total
    Exercise: $6.00Exp: 2016-11-23Common Stock (34,474 underlying)
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2010-12-0816,3040 total
    Exercise: $19.81Exp: 2010-12-29Common Stock (16,304 underlying)
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2010-12-089,3750 total
    Exercise: $20.44Exp: 2014-03-03Common Stock (9,375 underlying)
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2010-12-083,1250 total
    Exercise: $20.44Exp: 2014-03-03Common Stock (3,125 underlying)
  • Disposition to Issuer

    Restricted Stock Units

    2010-12-08$12.75/sh79,635$1,015,3460 total
    Common Stock (103,944 underlying)
  • Disposition to Issuer

    Common Stock

    2010-12-08$12.75/sh48,637$620,1220 total
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2010-12-0816,7500 total
    Exercise: $17.76Exp: 2014-12-17Common Stock (16,750 underlying)
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2010-12-0850,4500 total
    Exercise: $4.85Exp: 2015-12-15Common Stsock (50,450 underlying)
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2010-12-0814,6810 total
    Exercise: $15.82Exp: 2012-11-27Common Stock (14,681 underlying)
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2010-12-084,1820 total
    Exercise: $23.91Exp: 2015-12-15Common Stock (4,182 underlying)
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2010-12-086,8540 total
    Exercise: $14.59Exp: 2013-12-18Common Stock (6,854 underlying)
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2010-12-0815,5260 total
    Exercise: $6.00Exp: 2016-11-23Common Stock (15,526 underlying)
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2010-12-0818,5300 total
    Exercise: $19.67Exp: 2013-12-30Common Stock (18,530 underlying)
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2010-12-085,5830 total
    Exercise: $17.76Exp: 2014-12-17Common Stock (5,583 underlying)
Footnotes (5)
  • [F1]In connection with the acquisition of the Company by a wholly owned subsidiary of Tyco Electronics Ltd. ("TE") on December 8, 2010 (the "Acquisition") pursuant to an agreement and plan of merger dated July 12, 2010, as amended July 24, 2010 (the "Merger Agreement"), these shares of Company common stock were canceled and automatically converted into the right to receive $12.75 per share in cash, without interest and less any applicable withholding taxes.
  • [F2]In connection with the Acquisition, these units in the ADC Stock Fund in the ADC Telecommunications, Inc. 401(k) Retirement Savings Plan held by the reporting person representing shares of Company common stock were canceled and automatically converted into the right to receive $12.75 per share in cash, without interest and less any applicable withholding taxes, if any.
  • [F3]In connection with the Acquisition, this option vested in accordance with the terms of its applicable option award agreement,was assumed by TE and replaced with an option to purchase a number of shares of TE common stock based on a formula set forth in the Merger Agreement.
  • [F4]Settled one-for-one in shares of Company common stock.
  • [F5]In connection with the Acquisition, these restricted stock units were canceled in exchange for the right to receive an amount equal to the total number of shares of common stock represented by such restricted stock units at target multiplied by $12.75 per share, less any applicable withholding taxes.

Issuer

ADC TELECOMMUNICATIONS INC

CIK 0000061478

Entity typeother

Related Parties

1
  • filerCIK 0001211801

Filing Metadata

Form type
4
Filed
Dec 8, 7:00 PM ET
Accepted
Dec 9, 12:57 PM ET
Size
47.1 KB