4//SEC Filing
DEYOUNG JAMES W 4
Accession 0001188112-09-000036
CIK 0000916545other
Filed
Jan 5, 7:00 PM ET
Accepted
Jan 6, 9:02 PM ET
Size
19.0 KB
Accession
0001188112-09-000036
Insider Transaction Report
Form 4
DEYOUNG JAMES W
Director
Transactions
- Disposition to Issuer
Stock option (right to buy)
2009-01-05−36,666→ 0 totalExercise: $5.25From: 2005-12-31Exp: 2013-10-29→ Common Stock (36,666 underlying) - Disposition to Issuer
Restricted Stock Units
2009-01-05−7,080→ 0 total→ Common Stock (7,080 underlying) - Disposition to Issuer
Common Stock
2009-01-05−11,908→ 0 total - Disposition to Issuer
Stock option (right to buy)
2009-01-05−8,333→ 0 totalExercise: $13.35From: 2005-12-31Exp: 2014-10-29→ Common Stock (8,333 underlying) - Disposition to Issuer
Common Stock
2009-01-05−247,587→ 0 total(indirect: See footnote.)
Footnotes (5)
- [F1]Disposed of pursuant to the merger agreement between issuer and Chef Acquisition Corp., a merger subsidiary of The Middleby Corporation in exchange for $43,702 in cash and 578 shares of Middleby common stock having a market value of $29.42 per share on the effective date of the merger, plus a small amount of cash in exchange for a fractional share of Middleby common stock.
- [F2]Disposed of pursuant to the merger agreement between issuer and Chef Acquisition Corp., a merger subsidiary of The Middleby Corporation in exchange for $908,644 in cash and 12,032 shares of Middleby common stock having a market value of $29.42 per share on the effective date of the merger, plus a small amount of cash in exchange for a fractional share of Middleby common stock.
- [F3]Shares are held by D-W Investments, L.L.C., a family limited liability company, of which Mr. DeYoung is a managing member. Mr. DeYoung has a financial interest in the shares through two different trusts established for the benefit of his spouse, which trusts hold interests in that entity. Mr. DeYoung disclaims any pecuniary interest in an additional 44,253 shares held by D-W Investments, L.L.C.
- [F4]These restricted stock units representing the right to receive one share of TurboChef common stock for each unit were awarded 4,580 on May 2, 2006 and 2,500 on October 29, 2007, all of which were vested immediately prior to the effective time of the merger and were cancelled and converted into the right to receive the merger consideration for each share formerly represented by a unit, $3.67 in cash and .0486 shares of common stock of The Middleby Corporation, plus cash in lieu of any fractional share.
- [F5]This option was out of the money at the effective time of the merger and was cancelled.
Documents
Issuer
TURBOCHEF TECHNOLOGIES INC
CIK 0000916545
Entity typeother
Related Parties
1- filerCIK 0001277368
Filing Metadata
- Form type
- 4
- Filed
- Jan 5, 7:00 PM ET
- Accepted
- Jan 6, 9:02 PM ET
- Size
- 19.0 KB