VOLTERRA SEMICONDUCTOR CORP 4
4 · VOLTERRA SEMICONDUCTOR CORP · Filed Oct 1, 2013
Insider Transaction Report
Form 4
BURNS MIKE
VP, CFO and Treasurer
Transactions
- Disposition to Issuer
Stock Option (right to buy)
2013-10-01−12,500→ 0 totalExercise: $7.16Exp: 2016-01-29→ Common Stock (12,500 underlying) - Disposition to Issuer
Stock Option (right to buy)
2013-10-01−50,000→ 0 totalExercise: $15.12Exp: 2020-01-27→ Common Stock (50,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2013-10-01−22,750→ 0 totalExercise: $20.23Exp: 2017-01-28→ Common Stock (22,750 underlying) - Disposition to Issuer
Restricted Stock Unit
2013-10-01−25,000→ 0 totalExp: 2020-06-13→ Common Stock (25,000 underlying) - Disposition to Issuer
Common Stock
2013-10-01−5,478→ 0 total
Footnotes (3)
- [F1]Pursuant to the terms of the Plan of Merger Agreement by and between Maxim Integrated Products, Inc. and Volterra Semiconductor Corporation (the "Merger Agreement"), each share of Volterra common stock was validly tendered for $23.00 per share in cash, without interest, subject to any required witholding of taxes.
- [F2]Pursuant to the terms of the Merger Agreement, each stock option that was outstanding and unexercised as of the Effective Time (as defined in the Merger Agreement) and not being substituted with a Substitute Option (as defined in the Merger Agreement), whether or not vested, was cancelled and converted into the right to receive $23.00 per share (minus the exercise price of the option) in cash, without interest, subject to any required withholding of taxes.
- [F3]Pursuant to the Merger Agreement, Restricted Stock Units outstanding at the Effective time are fully accelerated and converted into the right to receive $23.00 per share in cash, without interest, subject to any required withholding of taxes.