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4//SEC Filing

RAE SYSTEMS INC 4

Accession 0001209191-11-035129

CIK 0001084876operating

Filed

Jun 16, 8:00 PM ET

Accepted

Jun 17, 9:27 AM ET

Size

11.7 KB

Accession

0001209191-11-035129

Insider Transaction Report

Form 4
Period: 2011-06-16
CHEN ROBERT I
DirectorChief Executive Officer10% Owner
Transactions
  • Other

    Common Stock

    2011-06-161,976,55910,882,785 total(indirect: By Trust)
  • Sale

    Common Stock

    2011-06-16$2.25/sh2,704,765$6,085,72110,882,785 total(indirect: By Trust)
  • Sale

    Nonqualified Stock Option

    2011-06-16$0.38/sh200,000$76,0000 total
    Exercise: $1.87From: 2009-04-11Exp: 2011-06-16Common Stock (200,000 underlying)
  • Sale

    Nonqualified Stock Option

    2011-06-16$1.17/sh200,000$234,4000 total
    Exercise: $1.08From: 2010-05-01Exp: 2011-06-16Common Stock (200,000 underlying)
Footnotes (5)
  • [F1]These shares were surrendered for $2.25 per share in cash pursuant to the Merger Agreement with an affiliate of Vector Capital.
  • [F2]These shares were surrendered for no consideration pursuant to the Merger Agreement.
  • [F3]Vested over four years from grant date, which is one year prior to the Exercisable Date.
  • [F4]Under the Merger Agreement, vesting is accelerated for all unvested shares as of the Closing Date.
  • [F5]The price equals $2.25 (the merger consideration) less the exercise price.

Issuer

RAE SYSTEMS INC

CIK 0001084876

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001084876

Filing Metadata

Form type
4
Filed
Jun 16, 8:00 PM ET
Accepted
Jun 17, 9:27 AM ET
Size
11.7 KB