Steinle Richard John 4
4 · STANDARD MICROSYSTEMS CORP · Filed Aug 6, 2012
Insider Transaction Report
Form 4
Steinle Richard John
Chief Accounting Officer
Transactions
- Disposition to Issuer
Common Stock
2012-08-02$37.00/sh−476$17,612→ 0 total(indirect: By Trust) - Disposition to Issuer
Common Stock
2012-08-02$37.00/sh−1,063$39,331→ 0 total - Disposition to Issuer
Common Stock
2012-08-02−6,083→ 1,063 total - Disposition to Issuer
Employee Stock Options (Right to Buy)
2012-08-02−2,750→ 0 totalExercise: $19.40From: 2012-09-30Exp: 2021-09-30→ Common Stock (2,750 underlying)
Footnotes (2)
- [F1]Pursuant to the terms of the Merger Agreement, the award was assumed by Microchip Technology Incorporated and adjusted to reflect an exchange ratio, calculated as set forth in the Merger Agreement, equal to 1.134621. The number of Microchip Technology Incorporated shares underlying the award will be calculated by multiplying the number reported herein by the exchange ratio, rounding down to the nearest whole share, and to the extent applicable, the exercise price will be calculated by dividing the exercise price reported herein by the exchange ratio, rounding up to the nearest whole cent. To the extent that any award consisted of stock appreciation rights, it will be converted to a stock settled, as opposed to cash settled, award.
- [F2]Disposed of pursuant to the consummation of the transactions contemplated by the agreement and plan of merger (the "Merger Agreement") dated as of May 1, 2012 by and between Issuer, Microchip Technology Incorporated and Microchip Technology Management Co.