ATMEL CORP|4Apr 4, 5:37 PM ET

ATMEL CORP 4

4 · ATMEL CORP · Filed Apr 4, 2016

Form 4

Period: 2016-03-31

Director

Transactions

Exercise/Conversion
Common Stock
2016-03-31$3.24/sh+25,000$81,000→ 185,007 total
Tax Payment
Common Stock
2016-03-31$8.12/sh−31,433$255,236→ 192,574 total
Exercise/Conversion
Employee Stock Option (right to buy)
2016-03-31−16,500→ 0 total
Exercise: $5.20Exp: 2020-06-15→ Common Stock (16,500 underlying)
Exercise/Conversion
Common Stock
2016-03-31$3.93/sh+22,500$88,425→ 207,507 total
Exercise/Conversion
Common Stock
2016-03-31$5.20/sh+16,500$85,800→ 224,007 total
Disposition to Issuer
Common Stock
2016-04-04−192,574→ 0 total
Exercise/Conversion
Employee Stock Option (right to buy)
2016-03-31−25,000→ 0 total
Exercise: $3.24Exp: 2018-04-15→ Common Stock (25,000 underlying)
Exercise/Conversion
Employee Stock Option (right to buy)
2016-03-31−22,500→ 0 total
Exercise: $3.93Exp: 2019-06-15→ Common Stock (22,500 underlying)

Footnotes (3)

[F1]Reflects a non-market disposition undertaken to pay exercise price for the Reporting Person in connection with the exercise of employee stock options. No shares were actually sold by the Reporting Person.
[F2]Pursuant to merger agreement among Microchip Technology Corporation, Hero Acquisition Corporation and Atmel Corporation shares were disposed in exchange for, and converted into the right to receive, per share (i) $7.00 in cash and (ii) a fraction of a share of Microchip common stock having a market value of $1.15, calculated in accordance with the merger agreement.
[F3]The option was fully vested and exercisable.

Documents

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