4//SEC Filing
RUCKUS WIRELESS INC 4
Accession 0001209191-16-124051
CIK 0001294016operating
Filed
May 26, 8:00 PM ET
Accepted
May 27, 4:31 PM ET
Size
12.5 KB
Accession
0001209191-16-124051
Insider Transaction Report
Form 4
Burstein Barton M.
Sr. V.P. Field Op and Bus Dev
Transactions
- Disposition to Issuer
Stock Option (Right to Buy)
2016-05-27−50,250→ 0 totalExercise: $5.71Exp: 2022-06-27→ Common Stock (50,250 underlying) - Disposition to Issuer
Common Stock
2016-05-27−18,877→ 0 total - Disposition to Issuer
Stock Option (Right to Buy)
2016-05-27−332→ 0 totalExercise: $2.01Exp: 2021-06-20→ Common Stock (332 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2016-05-27−45,000→ 0 totalExercise: $16.75Exp: 2023-09-30→ Common Stock (45,000 underlying)
Footnotes (3)
- [F1]Disposed of pursuant to the Agreement and Plan of Merger by and among Brocade Communications Systems, Inc. ("Brocade"), Stallion Merger Sub Inc. (a wholly owned subsidiary of Brocade) and Issuer, dated as of April 3, 2016 (the "Merger Agreement"), whereby each share of Issuer common stock was exchanged for per share consideration of $6.45 in cash and 0.75 of a share of Brocade common stock, with any fractional shares being paid in cash as provided in the Merger Agreement.
- [F2]Disposed of pursuant to Section 3.11(a) of the Merger Agreement, whereby each Issuer vested in-the-money stock option was cancelled and exchanged for an amount in cash, less any applicable tax withholdings, equal to the product of (i) the number of Issuer shares subject to the Issuer vested in-the-money stock option, multiplied by (ii) the Equity Award Cash Consideration (as defined in the Merger Agreement), less the per share exercise price of the Issuer vested in-the-money stock option.
- [F3]Disposed of pursuant to Section 3.11(i) of the Merger Agreement, whereby each Issuer vested out-of-the-money stock option was cancelled and exchanged for an amount in cash equal to the Black-Scholes Option Value (as defined in the Merger Agreement).
Documents
Issuer
RUCKUS WIRELESS INC
CIK 0001294016
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001294016
Filing Metadata
- Form type
- 4
- Filed
- May 26, 8:00 PM ET
- Accepted
- May 27, 4:31 PM ET
- Size
- 12.5 KB