4//SEC Filing
NEWPORT CORP 4
Accession 0001213184-16-000082
CIK 0000225263operating
Filed
May 1, 8:00 PM ET
Accepted
May 2, 6:31 PM ET
Size
7.1 KB
Accession
0001213184-16-000082
Insider Transaction Report
Form 4
NEWPORT CORPNEWP
KHAYKIN OLEG
Director
Transactions
- Disposition to Issuer
Common Stock
2016-04-29$23.00/sh−37,874$871,102→ 0 total - Disposition to Issuer
Common Stock
2016-04-29−22,305→ 0 total(indirect: Held in Deferred Compensation Plan)
Footnotes (3)
- [F1]On April 29, 2016, pursuant to the Agreement and Plan of Merger between the issuer, MKS Instruments, Inc. ("MKS") and MKS' wholly owned subsidiary, PSI Equipment, Inc. ("Merger Sub"), dated February 22, 2016 (the "Merger Agreement"), Merger Sub merged with and into the issuer (the "Merger"), with the issuer surviving the Merger as a wholly owned subsidiary of MKS. Pursuant to the Merger Agreement, at the effective time of the Merger, the shares were automatically converted into a right to receive $23.00 per share in cash.
- [F2]Restricted stock units representing the right to receive a total of 22,305 shares of the issuer's common stock were assumed by MKS in connection with the Merger and were converted into restricted stock units representing the right to receive a total of 13,691 shares of MKS' common stock.
- [F3]Restricted stock units had been held in the issuer's Deferred Compensation Plan for the benefit of reporting person.
Documents
Issuer
NEWPORT CORP
CIK 0000225263
Entity typeoperating
IncorporatedNV
Related Parties
1- filerCIK 0000225263
Filing Metadata
- Form type
- 4
- Filed
- May 1, 8:00 PM ET
- Accepted
- May 2, 6:31 PM ET
- Size
- 7.1 KB