NATIONAL SEMICONDUCTOR CORP 4
4 · NATIONAL SEMICONDUCTOR CORP · Filed Sep 23, 2011
Insider Transaction Report
Form 4
ARNOLD GARY P
Director
Transactions
- Disposition to Issuer
Common Stock, par value $0.50 per share
2011-09-23$25.00/sh−36,000$900,000→ 0 total - Disposition to Issuer
Common Stock, par value $0.50 per share
2011-09-23$25.00/sh−36,000$900,000→ 0 total
Footnotes (2)
- [F1]At the effective time of the merger pursuant to the Agreement and Plan of Merger, dated as of April 4, 2011 (the "Merger Agreement"), by and among National Semiconductor Corporation (the "Company"), Texas Instruments Incorporated and Orion Merger Corp., each share of the Company's common stock was converted into the right to receive $25.00 per share in cash, without interest and less any amount withheld for taxes.
- [F2]Consists of restricted stock granted under the Company's Director Stock Plan. Pursuant to the Merger Agreement, all of the Company's restricted stock awards that were granted under the Company's equity plans and that were outstanding immediately prior to the change-of-control associated with the merger, whether or not vested, vested and were cancelled upon the change-of-control and were converted into the right to receive cash, without interest, equal to the product of (A) $25.00 and (B) the number of shares subject to such restricted stock.