DINKEL GERALD R 4
4 · WHITE ELECTRONIC DESIGNS CORP · Filed Apr 30, 2010
Insider Transaction Report
Form 4
DINKEL GERALD R
DirectorPresident and CEO
Transactions
- Other
Stock Options
2009-08-12$7.00/sh−200,000$1,400,000→ 0 totalExercise: $4.05Exp: 2019-08-11→ Common Stock (200,000 underlying)
Footnotes (2)
- [F1]Non-qualified options vest in 48 equal monthly installments beginning one month after date of grant.
- [F2]The vested shares subject to the stock option were canceled at the Effective Time of 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 automatically converted into the right to receive the consideration set forth therein.