ATMEL CORP 4
4 · ATMEL CORP · Filed Apr 4, 2016
Insider Transaction Report
Form 4
ATMEL CORPATML
CARINALLI CHARLES
Director
Transactions
- Exercise/Conversion
Common Stock
2016-03-31$3.32/sh+10,000$33,200→ 125,840 total - Tax Payment
Common Stock
2016-03-31$8.12/sh−25,546$207,434→ 139,294 total - Disposition to Issuer
Common Stock
2016-04-04−139,294→ 0 total - Exercise/Conversion
Employee Stock Option (right to buy)
2016-03-31−10,000→ 0 totalExercise: $3.32Exp: 2018-02-15→ Common Stock (10,000 underlying) - 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
Common Stock
2016-03-31$3.93/sh+22,500$88,425→ 148,340 total - Exercise/Conversion
Common Stock
2016-03-31$5.20/sh+16,500$85,800→ 164,840 total - Exercise/Conversion
Employee Stock Option (right to buy)
2016-03-31−22,500→ 0 totalExercise: $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.