Nemitz Steven Gary 4

Accession 0001181431-10-060434

CIK 0000061478other

Filed

Dec 8, 7:00 PM ET

Accepted

Dec 9, 12:58 PM ET

Size

26.5 KB

Accession

0001181431-10-060434

Form 4

Period: 2010-12-08

VP CORPORATE CONTROLLER

Transactions

Disposition to Issuer
Stock Option (Right to Buy)
2010-12-08−1,428→ 0 total
Exercise: $16.52Exp: 2013-09-30→ Common Stock (1,428 underlying)
Disposition to Issuer
Stock Option (Right to Buy)
2010-12-08−1,071→ 0 total
Exercise: $18.76Exp: 2014-12-16→ Common Stock (1,071 underlying)
Disposition to Issuer
Stock Option (Right to Buy)
2010-12-08−3,937→ 0 total
Exercise: $14.59Exp: 2013-12-18→ Common Stock (3,937 underlying)
Disposition to Issuer
Stock Option (Right to Buy)
2010-12-08−23,000→ 0 total
Exercise: $6.00Exp: 2016-11-23→ Common Stock (23,000 underlying)
Disposition to Issuer
Stock Option (Right to Buy)
2010-12-08−1,000→ 0 total
Exercise: $23.91Exp: 2015-12-15→ Common Stock (1,000 underlying)
Disposition to Issuer
Stock Option (Right to Buy)
2010-12-08−4,000→ 0 total
Exercise: $16.75Exp: 2014-05-31→ Common Stock (4,000 underlying)
Disposition to Issuer
Stock Option (Right to Buy)
2010-12-08−17,500→ 0 total
Exercise: $4.85Exp: 2015-12-15→ Common Stock (17,500 underlying)
Disposition to Issuer
Common Stock
2010-12-08$12.75/sh−2,476$31,569→ 0 total
Disposition to Issuer
Common Stock
2010-12-08$12.75/sh−242$3,086→ 0 total(indirect: By 401(k))
Disposition to Issuer
Stock Option (Right to Buy)
2010-12-08−5,000→ 0 total
Exercise: $17.76Exp: 2014-12-17→ Common Stock (5,000 underlying)
Disposition to Issuer
Restricted Stock Units
2010-12-08$12.75/sh−31,939$407,222→ 0 total
→ Common Stock (46,278 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.

Documents

1 file

ADC TELECOMMUNICATIONS INC

CIK 0000061478

Entity typeother