PMC SIERRA INC 4
4 · PMC SIERRA INC · Filed Jan 19, 2016
Insider Transaction Report
Form 4
PMC SIERRA INCPMCS
JUDGE JONATHAN
Director
Transactions
- Disposition to Issuer
Common Stock
2016-01-15−101,176→ 0 total
Footnotes (1)
- [F1]Disposed of pursuant to the Agreement and Plan of Merger by and among Microsemi Corporation ("Microsemi"), Lois Acquisition Corp. (a wholly-owned subsidiary of Microsemi), and Issuer, dated as of November 24, 2015 (the "Merger Agreement" and, the transaction contemplated therein, the "Merger"), whereby each share of Issuer common stock was canceled and automatically converted into $9.22 in cash, without interest, and 0.0771 shares of Microsemi common stock (together, the "Per Share Amount"), with the fractional shares being paid in cash as provided in the Merger Agreement. The market value of the Per Share Amount is $11.67 per share, based on the trading price of Microsemi common stock as of end of trading on January 14, 2016.