ATMEL CORP 4
4 · ATMEL CORP · Filed Apr 4, 2016
Insider Transaction Report
Form 4
ATMEL CORPATML
SALTICH JACK L
Director
Transactions
- Gift
Common Stock
2016-02-05$8.04/sh−3,000$24,120→ 7,000 total(indirect: By Trust) - Exercise/Conversion
Common Stock
2016-03-31$5.69/sh+25,000$142,250→ 190,181 total - Disposition to Issuer
Common Stock
2016-04-04−162,095→ 0 total - Disposition to Issuer
Common Stock
2016-04-04−7,000→ 0 total(indirect: By Trust) - Exercise/Conversion
Common Stock
2016-03-31$5.20/sh+16,500$85,800→ 165,181 total - Tax Payment
Common Stock
2016-03-31$8.12/sh−28,086$228,058→ 162,095 total - Exercise/Conversion
Employee Stock Option (right to buy)
2016-03-31−16,500→ 0 totalExercise: $5.20Exp: 2020-06-15→ Common Stock (16,500 underlying) - Exercise/Conversion
Employee Stock Option (right to buy)
2016-03-31−25,000→ 0 totalExercise: $5.69Exp: 2017-07-25→ Common Stock (25,000 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.