4//SEC Filing
ATMEL CORP 4
Accession 0001209191-16-112454
CIK 0000872448operating
Filed
Apr 3, 8:00 PM ET
Accepted
Apr 4, 5:41 PM ET
Size
7.2 KB
Accession
0001209191-16-112454
Insider Transaction Report
Form 4
ATMEL CORPATML
WORNOW SCOTT M
SVP, Chief Legal Officer
Transactions
- Disposition to Issuer
Common Stock
2016-04-04−345,445→ 0 total - Tax Payment
Common Stock
2016-04-01$8.12/sh−10,891$88,435→ 345,445 total
Footnotes (2)
- [F1]Reflects a non-market disposition undertaken to pay taxes for the Reporting Person in connection with the vesting of restricted stock units. No shares were actually sold by the Reporting Person.
- [F2]Disposed of pursuant to merger agreement among Microchip Technology Corporation, Hero Acquisition Corporation and Atmel Corporation as follows: (a) 30,237 shares of common stock 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 and (b) 315,208 shares constituting Issuer time-based restricted stock units which were assumed by Microchip and were converted into the right to receive, upon vesting in accordance with time-based vesting schedules subject to earlier acceleration in accordance with the Issuer's change of control plans, such number of shares of Microchip common stock equal to (i) 315,208 multiplied by (ii) $8.15 divided by the market value of a share of Microchip common stock, calculated in accordance with the merger agreement.
Documents
Issuer
ATMEL CORP
CIK 0000872448
Entity typeoperating
IncorporatedCA
Related Parties
1- filerCIK 0000872448
Filing Metadata
- Form type
- 4
- Filed
- Apr 3, 8:00 PM ET
- Accepted
- Apr 4, 5:41 PM ET
- Size
- 7.2 KB