RAE SYSTEMS INC|4Jun 17, 9:29 AM ET

RAE SYSTEMS INC 4

4 · RAE SYSTEMS INC · Filed Jun 17, 2011

Form 4

Period: 2011-06-16

VP & Chief Financial Officer

Transactions

Sale
Common Stock
2011-06-16$2.25/sh−5,000$11,250→ 0 total
Other
Nonqualified Stock Option
2011-06-16−200,000→ 0 total
Exercise: $3.86From: 2007-10-30Exp: 2011-06-16→ Common Stock (200,000 underlying)
Other
Nonqualified Stock Option
2011-06-16−100,000→ 0 total
Exercise: $2.89From: 2008-04-19Exp: 2011-06-16→ Common Stock (100,000 underlying)
Sale
Nonqualified Stock Option
2011-06-16$0.85/sh−150,000$127,500→ 0 total
Exercise: $1.40From: 2009-05-08Exp: 2011-06-16→ Common Stock (150,000 underlying)
Sale
Nonqualified Stock Option
2011-06-16$1.27/sh−150,000$190,500→ 0 total
Exercise: $0.98From: 2010-05-01Exp: 2011-06-16→ Common Stock (150,000 underlying)

Footnotes (5)

[F1]$2.25 is the consideration for the merger with an affiliate of Vector Capital.
[F2]Cancellation of out-of-the-money stock option upon closing of the merger.
[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.

Documents

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