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TARANTINE DANTE V 4

Accession 0001209191-10-024628

CIK 0000013606other

Filed

Apr 29, 8:00 PM ET

Accepted

Apr 30, 9:13 PM ET

Size

11.8 KB

Accession

0001209191-10-024628

Insider Transaction Report

Form 4
Period: 2010-04-28
TARANTINE DANTE V
Executive Vice President
Transactions
  • Other

    Stock Options

    2010-04-30$6.45/sh50,000$322,5000 total
    Exercise: $6.45Exp: 2014-12-15Common Stock (50,000 underlying)
  • Other

    Stock Options

    2010-04-30$3.83/sh40,000$153,2000 total
    Exercise: $3.83Exp: 2011-05-16Common Stock (40,000 underlying)
  • Disposition from Tender

    Common Stock

    2010-04-28$7.00/sh58,000$406,0000 total
  • Other

    Restricted Stock Units

    2010-04-30$7.00/sh25,000$175,0000 total
Footnotes (4)
  • [F1]25% vested on 5/16/2002 and the remainder vested in 36 equal monthly installments.
  • [F2]25% vested on 12/15/2005 and the remainder vested in 36 equal monthly installments.
  • [F3]The vested restricted stock units subject to the award were canceled 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 Microsesmi ("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.
  • [F4]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 0001264713

Filing Metadata

Form type
4
Filed
Apr 29, 8:00 PM ET
Accepted
Apr 30, 9:13 PM ET
Size
11.8 KB