4//SEC Filing
NEWPORT CORP 4
Accession 0001213184-16-000098
CIK 0000225263operating
Filed
May 1, 8:00 PM ET
Accepted
May 2, 6:50 PM ET
Size
23.5 KB
Accession
0001213184-16-000098
Insider Transaction Report
Form 4
NEWPORT CORPNEWP
Werth Dennis L
Senior Vice President, PCSB
Transactions
- Disposition to Issuer
Common Stock
2016-04-29−4,810→ 0 total - Disposition to Issuer
Stock Appreciation Right
2016-04-29−9,510→ 0 totalExercise: $12.47Exp: 2017-03-31→ Common Stock (9,510 underlying) - Disposition to Issuer
Stock Appreciation Right
2016-04-29−16,800→ 0 totalExercise: $13.74Exp: 2020-05-20→ Common Stock (16,800 underlying) - Disposition to Issuer
Common Stock
2016-04-29−8,000→ 0 total - Disposition to Issuer
Stock Appreciation Right
2016-04-29−6,840→ 0 totalExercise: $17.06Exp: 2018-05-17→ Common Stock (6,840 underlying) - Disposition to Issuer
Stock Appreciation Right
2016-04-29−14,430→ 0 totalExercise: $18.29Exp: 2021-05-19→ Common Stock (14,430 underlying) - Disposition to Issuer
Common Stock
2016-04-29$23.00/sh−58,638$1,348,674→ 0 total - Disposition to Issuer
Stock Appreciation Right
2016-04-29−9,630→ 0 totalExercise: $17.12Exp: 2019-04-12→ Common Stock (9,630 underlying) - Disposition to Issuer
Stock Appreciation Right
2016-04-29−12,000→ 0 totalExercise: $19.11Exp: 2022-05-19→ Common Stock (12,000 underlying)
Footnotes (9)
- [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 4,810 shares of the issuer's common stock, which vest on March 31, 2017, were assumed by MKS in connection with the Merger and were converted into restricted stock units representing the right to receive a total of 2,952 shares of MKS' common stock.
- [F3]Restricted stock units representing the right to receive a total of 8,000 shares of the issuer's common stock, which vest in two equal installments on March 31, 2017 and March 31, 2018, were assumed by MKS in connection with the Merger and were converted into restricted stock units representing the right to receive a total of 4,911 shares of MKS' common stock.
- [F4]Stock appreciation right, which became fully vested on March 31, 2013, was assumed by MKS in connection with the Merger and was converted into a stock appreciation right with respect to a total of 5,838 shares of MKS' common stock having a base value of $20.32 per share.
- [F5]Stock appreciation right, which became fully vested on March 31, 2014, was assumed by MKS in connection with the Merger and was converted into a stock appreciation right with respect to a total of 4,199 shares of MKS' common stock having a base value of $27.79 per share.
- [F6]Stock appreciation right, which became fully vested on March 31, 2015, was assumed by MKS in connection with the Merger and was converted into a stock appreciation right with respect to a total of 5,911 shares of MKS' common stock having a base value of $27.89 per share.
- [F7]Stock appreciation right, which became fully vested on March 31, 2016, was assumed by MKS in connection with the Merger and was converted into a stock appreciation right with respect to a total of 10,313 shares of MKS' common stock having a base value of $22.39 per share.
- [F8]Stock appreciation right, which vests in equal 1/3rd installments on March 31, 2015, 2016 and 2017, was assumed by MKS in connection with the Merger and was converted into a stock appreciation right with respect to a total of 8,858 shares of MKS' common stock having a base value of $29.80 per share.
- [F9]Stock appreciation right, which vests in equal 1/3rd installments on March 31, 2016, 2017 and 2018, was assumed by MKS in connection with the Merger and was converted into a stock appreciation right with respect to a total of 7,366 shares of MKS' common stock having a base value of $31.13 per share.
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, 6:50 PM ET
- Size
- 23.5 KB