4//SEC Filing
Ronde Pascal 4
Accession 0001209191-18-053782
CIK 0000357020other
Filed
Oct 2, 8:00 PM ET
Accepted
Oct 3, 4:13 PM ET
Size
7.7 KB
Accession
0001209191-18-053782
Insider Transaction Report
Form 4
Xcerra CorpXCRA
Ronde Pascal
VP, Global Field Operations
Transactions
- Disposition to Issuer
Common Stock
2018-10-01−166,000→ 119,250 total - Disposition to Issuer
Restricted Stock Units
2018-10-01−119,250→ 0 total
Footnotes (2)
- [F1]Disposed of pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated as of May 7, 2018, by and among the Issuer, Cohu, Inc. ("Cohu"), and Xavier Acquisition Corporation, in exchange for $1,494,000 in cash, 35,009 shares of Cohu, Inc. common stock having a market value of $25.20 per share on the effective date of the merger and cash in lieu of any fractional share interest.
- [F2]Pursuant to the terms of the Merger Agreement, on October 1, 2018, each outstanding and unvested Issuer restricted stock unit was assumed by Cohu and converted into a Cohu restricted stock unit award representing that number of whole shares of Cohu common stock equal to the product of (a) the number of shares of Issuer common stock represented by such restricted stock unit immediately prior to the effective time of the merger multiplied by (b) (i) the sum of (A) the stock consideration payable in the merger plus (B) the quotient of (1) $9.00 divided by (2) the volume weighted average of the trading prices of Cohu common stock on each of the three consecutive trading days ending on the trading day that is one trading day prior to the closing date of the merger, rounded to the nearest one thousandth, with the result rounded down to the nearest whole number of shares of Cohu common stock.
Documents
Issuer
Xcerra Corp
CIK 0000357020
Entity typeother
Related Parties
1- filerCIK 0001364094
Filing Metadata
- Form type
- 4
- Filed
- Oct 2, 8:00 PM ET
- Accepted
- Oct 3, 4:13 PM ET
- Size
- 7.7 KB