Shen Fei 4

4 · RAE SYSTEMS INC · Filed Jun 17, 2011

Form 4

Period: 2011-06-16

VP China Business Operations

Transactions

Sale
Nonqualified Stock Option
2011-06-16$2.17/sh−18,544$40,227→ 0 total
Exercise: $0.08From: 2002-08-30Exp: 2011-06-16→ Common Stock (18,544 underlying)
Sale
Common Stock
2011-06-16$2.25/sh−23,717$53,363→ 0 total
Other
Nonqualified Stock Option
2011-06-16−40,000→ 0 total
Exercise: $3.75From: 2007-05-17Exp: 2011-06-16→ Common Stock (40,000 underlying)
Sale
Nonqualified Stock Option
2011-06-16$0.85/sh−50,000$42,500→ 0 total
Exercise: $1.40From: 2009-05-08Exp: 2011-06-16→ Common Stock (50,000 underlying)
Sale
Nonqualified Stock Option
2011-06-16$2.17/sh−10,174$22,070→ 0 total
Exercise: $0.08From: 2002-08-30Exp: 2011-06-16→ Common Stock (10,174 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$1.27/sh−50,000$63,500→ 0 total
Exercise: $0.98From: 2010-05-01Exp: 2011-06-16→ Common Stock (50,000 underlying)
Other
Nonqualified Stock Option
2011-06-16−40,000→ 0 total
Exercise: $3.07From: 2006-03-31Exp: 2011-06-16→ Common Stock (40,000 underlying)
Sale
Nonqualified Stock Option
2011-06-16$1.20/sh−80,000$95,600→ 0 total
Exercise: $1.05From: 2003-05-31Exp: 2011-06-16→ Common Stock (80,000 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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