NEWPORT CORP 4
4 · NEWPORT CORP · Filed May 2, 2016
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.