ADC TELECOMMUNICATIONS INC 4
4 · ADC TELECOMMUNICATIONS INC · Filed Dec 9, 2010
Insider Transaction Report
Form 4
ROBERTS DAVID A
Director
Transactions
- Disposition to Issuer
Restricted Stock Units
2010-12-08$12.75/sh−27,857$355,177→ 0 total→ Common Stock (27,857 underlying) - Disposition to Issuer
Restricted Stock Units (2-10)
2010-12-08$12.75/sh−10,687$136,259→ 0 total→ Common Stock (10,687 underlying)
Footnotes (2)
- [F1]Settled one-for-one in shares of Company common stock.
- [F2]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, 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.