TARANTINE DANTE V 4
4 · WHITE ELECTRONIC DESIGNS CORP · Filed Apr 30, 2010
Insider Transaction Report
Form 4
TARANTINE DANTE V
Executive Vice President
Transactions
- Other
Stock Options
2010-04-30$6.45/sh−50,000$322,500→ 0 totalExercise: $6.45Exp: 2014-12-15→ Common Stock (50,000 underlying) - Other
Stock Options
2010-04-30$3.83/sh−40,000$153,200→ 0 totalExercise: $3.83Exp: 2011-05-16→ Common Stock (40,000 underlying) - Disposition from Tender
Common Stock
2010-04-28$7.00/sh−58,000$406,000→ 0 total - Other
Restricted Stock Units
2010-04-30$7.00/sh−25,000$175,000→ 0 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.