Heidari Sam 4
4 · ON Semiconductor Connectivity Solutions, Inc. · Filed Jun 21, 2019
Insider Transaction Report
Form 4
Heidari Sam
DirectorChairman and CEO
Transactions
- Award
Common Stock
2019-06-19+41,670→ 342,402 total - Disposition to Issuer
Employee Stock Option (right to buy)
2019-06-19−414,623→ 0 totalExercise: $2.00Exp: 2024-12-10→ Common Stock (414,623 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2019-06-19−180,000→ 0 totalExercise: $8.50Exp: 2026-06-30→ Common Stock (180,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2019-06-19−361,985→ 0 totalExercise: $1.50Exp: 2022-06-27→ Common Stock (361,985 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2019-06-19−12,700→ 0 totalExercise: $1.00Exp: 2021-10-07→ Common Stock (12,700 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2019-06-19−171,750→ 0 totalExercise: $22.18Exp: 2027-02-15→ Common Stock (171,750 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2019-06-19−225,000→ 0 totalExercise: $13.06Exp: 2028-01-10→ Common Stock (225,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2019-06-19−130,000→ 0 totalExercise: $1.50Exp: 2023-08-28→ Common Stock (130,000 underlying) - Disposition to Issuer
Common Stock
2019-06-19−342,402→ 0 total
Footnotes (4)
- [F1]Each share is represented by a performance-based Restricted Stock Unit ("PSU"). This number reflects actual performance based on a shortened performance period ending at the effective date of the Merger.
- [F2]Each outstanding share of the Common Stock of the Issuer was converted into the right to receive $24.50 per share in cash, as described in the Merger Agreement.
- [F3]Certain of these securities were Restricted Stock Units ("RSUs") and PSUs that represented the Reporting Person's right to receive Common Stock shares of the Issuer. The RSUs and PSUs were cancelled and converted into the right to receive $24.50 per share in cash, as described in the Merger Agreement.
- [F4]Each outstanding option of the Issuer was converted into the right to receive cash.