4//SEC Filing
MULTI FINELINE ELECTRONIX INC 4
Accession 0001209191-16-134508
CIK 0000830916operating
Filed
Jul 28, 8:00 PM ET
Accepted
Jul 29, 7:09 PM ET
Size
23.9 KB
Accession
0001209191-16-134508
Insider Transaction Report
Form 4
Meshgin Reza
DirectorPresident and CEO
Transactions
- Disposition to Issuer
Performance Stock Unit
2016-07-27$23.95/sh−181,388$4,344,243→ 0 total→ Common Stock (181,388 underlying) - Disposition to Issuer
Stock Appreciate Right
2016-07-27$13.19/sh−18,006$237,499→ 0 totalExercise: $10.76Exp: 2018-12-05→ Common Stock (18,006 underlying) - Disposition to Issuer
Common Stock
2016-07-27$23.95/sh−204,543$4,898,805→ 0 total - Disposition to Issuer
Restricted Stock Unit
2016-07-27$23.95/sh−110,780$2,653,181→ 0 total→ Common Stock (110,780 underlying) - Disposition to Issuer
Stock Appreciate Right
2016-07-27$11.25/sh−15,255$171,619→ 0 totalExercise: $12.70Exp: 2019-03-05→ Common Stock (15,255 underlying) - Disposition to Issuer
Stock Appreciate Right
2016-07-27$6.05/sh−90,240$545,952→ 0 totalExercise: $17.90Exp: 2022-11-13→ Common Stock (90,240 underlying) - Disposition to Issuer
Stock Appreciate Right
2016-07-27$4.30/sh−55,074$236,818→ 0 totalExercise: $19.65Exp: 2021-11-14→ Common Stock (55,074 underlying) - Disposition to Issuer
Stock Appreciate Right
2016-07-27$2.05/sh−8,847$18,136→ 0 totalExercise: $21.90Exp: 2019-06-05→ Common Stock (8,847 underlying) - Disposition to Issuer
Stock Appreciate Right
2016-07-27$1.78/sh−40,010$71,218→ 0 totalExercise: $22.17Exp: 2020-11-15→ Common Stock (40,010 underlying)
Footnotes (4)
- [F1]Disposed of pursuant to the Agreement and Plan of Merger ("Merger Agreement"), dated as of February 4, 2016, by and among Multi-Fineline Electronix, Inc., Suzhou Dongshan Precision Manufacturing Co., Ltd., and Dragon Electronix Merger Sub Inc., pursuant to which the outstanding shares of the issuer's common stock were converted into the right to receive the merger consideration of $23.95 per share in cash, without interest, on July 27, 2016, the effective date of the Merger (the "Effective Date").
- [F2]Represents restricted stock units, whether vested or unvested, that became fully vested and cancelled as of the Effective Date, pursuant to the Merger Agreement in exchange for the right to receive the merger consideration of $23.95 per share in cash, without interest and less any applicable withholding taxes.
- [F3]Represents performance stock units, whether vested or unvested, that became fully vested and cancelled as of the Effective Date pursuant to the Merger Agreement in exchange for the right to receive the merger consideration of $23.95 per share in cash, assuming that the applicable performance goals were achieved at 100% of the target level, without interest and less any applicable withholding taxes.
- [F4]Represents stock appreciation right ("SAR"), whether vested or unvested, that became fully vested and cancelled at the Effective Date in exchange for the right to receive the merger consideration in an amount determined by multiplying (x) the excess, if any, of the merger consideration of $23.95 per share, over the applicable exercise price per share of such SAR by (y) the number of shares subject to such SAR.
Documents
Issuer
MULTI FINELINE ELECTRONIX INC
CIK 0000830916
Entity typeoperating
Related Parties
1- filerCIK 0000830916
Filing Metadata
- Form type
- 4
- Filed
- Jul 28, 8:00 PM ET
- Accepted
- Jul 29, 7:09 PM ET
- Size
- 23.9 KB