3COM CORP 4
4 · 3COM CORP · Filed Apr 14, 2010
Insider Transaction Report
Form 4
3COM CORPCOMS
COTE KATHLEEN A
Director
Transactions
- Disposition to Issuer
Common Stock
2010-04-12−18,716→ 0 total - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2010-04-12−125,333→ 0 totalExercise: $2.22Exp: 2015-10-07→ Common Stock (125,333 underlying)
Footnotes (4)
- [F1]Shares are represented by restricted stock units ("RSUs"). Pursuant to the Issuer's 2003 Stock Plan (the "2003 Plan"), the RSUs vested in full immediately prior to the effectiveness of the merger.
- [F2]Pursuant to the Merger Agreement between the Issuer and Hewlett-Packard Company ("HP") dated November 11, 2009 (the "Merger Agreement"), each share of COMS common stock will be exchanged for $7.90 in cash.
- [F3]Pursuant to the 2003 Plan, the unvested options vested in full immediately prior to the effectiveness of the merger.
- [F4]Pursuant to the Merger Agreement, the option will be cancelled in exchange for a cash payment for each share subject to the option equal to the excess of $7.90 over the per share exercise price of the option.