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4//SEC Filing

TOY THOMAS J 4

Accession 0001209191-10-024620

CIK 0000013606other

Filed

Apr 29, 8:00 PM ET

Accepted

Apr 30, 8:39 PM ET

Size

13.8 KB

Accession

0001209191-10-024620

Insider Transaction Report

Form 4
Period: 2010-04-28
TOY THOMAS J
Director
Transactions
  • Other

    Stock Options

    2010-04-30$7.00/sh15,000$105,0000 total
    Exercise: $5.15Exp: 2015-03-15Common Stock (15,000 underlying)
  • Other

    Stock Options

    2010-04-30$7.00/sh30,000$210,0000 total
    Exercise: $3.83Exp: 2011-05-16Common Stock (30,000 underlying)
  • Other

    Stock Options

    2010-04-30$7.00/sh15,000$105,0000 total
    Exercise: $6.35Exp: 2012-05-08Common Stock (15,000 underlying)
  • Disposition from Tender

    Common Stock

    2010-04-28$7.00/sh25,000$175,0000 total
  • Other

    Restricted Stock Awards

    2010-04-30$7.00/sh17,500$122,5000 total
Footnotes (5)
  • [F1]The options vested 33 1/3% annually on 3/10/2006, 3/10/2007 and 3/10/2008.
  • [F2]The options vested 33 1/3% annually on 5/16/2002, 5/16/2003 and 5/16/2004.
  • [F3]The options vested 33 1/3% annually on 5/08/2003, 5/08/2004 and 5/08/2005.
  • [F4]The shares subject to the restricted stock award were accelerated at the Effective Time of the merger (the "Merger") between White Electronic Designs Corporation ("White") and Rabbit Acquisition Corp., an Indiana corporation and wholly-owned subsidiary of Microsemi ("Rabbit"), pursuant to the Agreement and Plan of Merger, dated March 29, 2010, by and among White, Rabbit and Microsemi Corporation, a Delaware corporation ("Microsemi") and were canceled and automatically converted into the right to receive the consideration set forth therein.
  • [F5]The vested shares subject to the stock option were canceled at the Effective Time of the Merger between White and Rabbit, pursuant to the Agreement and Plan of Merger, dated March 29, 2010 by and among White, Rabbit and Microsemi and were automatically converted into the right to receive the consideration set forth therein.

Issuer

WHITE ELECTRONIC DESIGNS CORP

CIK 0000013606

Entity typeother

Related Parties

1
  • filerCIK 0001209537

Filing Metadata

Form type
4
Filed
Apr 29, 8:00 PM ET
Accepted
Apr 30, 8:39 PM ET
Size
13.8 KB