4//SEC Filing
ATMEL CORP 4
Accession 0001209191-16-112456
CIK 0000872448operating
Filed
Apr 3, 8:00 PM ET
Accepted
Apr 4, 5:42 PM ET
Size
31.1 KB
Accession
0001209191-16-112456
Insider Transaction Report
Form 4
ATMEL CORPATML
WU TSUNG CHING
EVP Office of the President
Transactions
- Exercise/Conversion
Common Stock
2016-03-31$4.43/sh+157,557$697,978→ 2,328,035 total - Exercise/Conversion
Common Stock
2016-03-31$5.73/sh+65,105$373,052→ 2,650,677 total - Disposition to Issuer
Common Stock
2016-04-04−2,203,619→ 0 total - Gift
Common Stock
2016-03-30$8.09/sh−2,512,016$20,322,209→ 4,132,886 total(indirect: By Trust) - Exercise/Conversion
Common Stock
2016-03-31$4.74/sh+257,537$1,220,725→ 2,585,572 total - Tax Payment
Common Stock
2016-04-01$8.12/sh−16,564$134,500→ 2,203,619 total - Disposition to Issuer
Common Stock
2016-04-04−128,585→ 0 total(indirect: By Trust) - Exercise/Conversion
Employee Stock Option (right to buy)
2016-03-31−157,557→ 0 totalExercise: $4.43Exp: 2019-09-15→ Common Stock (157,557 underlying) - Exercise/Conversion
Common Stock
2016-03-31$4.20/sh+100,000$420,000→ 2,170,478 total - Tax Payment
Common Stock
2016-03-31$8.12/sh−430,494$3,495,611→ 2,220,183 total - Disposition to Issuer
Common Stock
2016-04-04−128,585→ 0 total(indirect: By Trust) - Exercise/Conversion
Employee Stock Option (right to buy)
2016-03-31−100,000→ 0 totalExercise: $4.20Exp: 2018-08-15→ Common Stock (100,000 underlying) - Exercise/Conversion
Employee Stock Option (right to buy)
2016-03-31−65,105→ 0 totalExercise: $5.73Exp: 2016-09-06→ Common Stock (65,105 underlying) - Disposition to Issuer
Common Stock
2016-04-04−4,132,886→ 0 total(indirect: By Trust) - Exercise/Conversion
Employee Stock Option (right to buy)
2016-03-31−257,537→ 0 totalExercise: $4.74Exp: 2017-08-15→ Common Stock (257,537 underlying)
Footnotes (6)
- [F1]Includes 1,244 shares acquired under the Issuer's Employee Stock Purchase Plan on April 1, 2016.
- [F2]Reflects a non-market disposition undertaken to pay exercise price and taxes for the Reporting Person in connection with the exercise of employee stock options. No shares were actually sold by the Reporting Person.
- [F3]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.
- [F4]Disposed of pursuant to merger agreement among Microchip Technology Corporation, Hero Acquisition Corporation and Atmel Corporation as follows: (a) 1,975,102 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) 228,517 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) 228,517 multiplied by (ii) $8.15 divided by the market value of a share of Microchip common stock, calculated in accordance with the merger agreement.
- [F5]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.
- [F6]The option was fully vested and exercisable.
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, 5:42 PM ET
- Size
- 31.1 KB