ALLEN TELECOM INC 4
4 · ALLEN TELECOM INC · Filed Jul 16, 2003
Insider Transaction Report
Form 4
No transactions or holdings reported in this filing.
Footnotes (9)
- [F1]Disposed of pursuant to merger agreement between issuer and Andrew Corporation in exchange for 5,017.6055 shares of Andrew Corporation common stock having a market value of $11.49 per share on the effective date of the merger.
- [F2]Disposed of pursuant to merger agreement between issuer and Andrew Corporation in exchange for 27,800 shares of Andrew Corporation common stock having a market value of $11.49 per share on the effective date of the merger.
- [F3]This option, which provided for a vesting schedule of 50% on the second anniversary, 75% on the third anniversary and 100% on the fourth anniversary of the date of grant, was canceled in the merger in exchange for a cash payment of $18,954 representing the difference between the exercise price of the option and the highest closing price of the underlying issuer common stock during the 60 days prior to the effective date of the merger. ($20.51)
- [F4]This option, which provided for a vesting schedule of 50% on the second anniversary, 75% on the third anniversary and 100% on the fourth anniversary of the date of grant, was canceled in the merger in exchange for a cash payment of $162,630 representing the difference between the exercise price of the option and the highest closing price of the underlying issuer common stock during the 60 days prior to the effective date of the merger.
- [F5]This option, which provided for a vesting schedule of 50% on the second anniversary, 75% on the third anniversary and 100% on the fourth anniversary of the date of grant, was canceled in the merger in exchange for a cash payment of $156,600 representing the difference between the exercise price of the option and the highest closing price of the underlying issuer common stock during the 60 days prior to the effective date of the merger.
- [F6]This option, which provided for a vesting schedule of 50% on the second anniversary, 75% on the third anniversary and 100% on the fourth anniversary of the date of grant, was canceled in the merger in exchange for a cash payment of $360,250 representing the difference between the exercise price of the option and the highest closing price of the underlying issuer common stock during the 60 days prior to the effective date of the merger.
- [F7]This option, which provided for a vesting schedule of 50% on the second anniversary, 75% on the third anniversary and 100% on the fourth anniversary of the date of grant, was canceled in the merger in exchange for a cash payment of $83,950 representing the difference between the exercise price of the option and the highest closing price of the underlying issuer common stock during the 60 days prior to the effective date of the merger.
- [F8]This option, which provided for a vesting schedule of 50% on the second anniversary, 75% on the third anniversary and 100% on the fourth anniversary of the date of grant, canceled in the merger in exchange for a cash payment of $44 representing the difference between the exercise price of the option and the highest closing price of the underlying issuer common stock during the 60 days prior to the effective date of the merger.
- [F9]This option, which provided for a vesting schedule of 50% on the second anniversary, 75% on the third anniversary and 100% on the fourth anniversary of the date of grant, was assumed by Andrew Corporation in the merger and replaced with an option to purchase 9,889 shares of Andrew Corporation common stock at an exercise price of $11.6938 per share.