Home/Filings/4/0001289430-11-000051
4//SEC Filing

ATHEROS COMMUNICATIONS INC 4

Accession 0001289430-11-000051

CIK 0001140486operating

Filed

May 23, 8:00 PM ET

Accepted

May 24, 5:32 PM ET

Size

10.2 KB

Accession

0001289430-11-000051

Insider Transaction Report

Form 4
Period: 2011-05-24
Transactions
  • Disposition to Issuer

    Director Stock Options (right to buy)

    2011-05-24$36.59/sh31,225$1,142,5230 total
    Exercise: $8.41Exp: 2019-02-26Common Stock (31,225 underlying)
  • Disposition to Issuer

    Common Stock

    2011-05-24$45.00/sh34,935$1,572,0750 total
  • Disposition to Issuer

    Director Stock Options (right to buy)

    2011-05-24$11.88/sh7,500$89,1000 total
    Exercise: $33.12Exp: 2020-05-23Common Stock (7,500 underlying)
Footnotes (4)
  • [F1]Disposed of pursuant to that certain Agreement and Plan of Merger dated as of January 5, 2011 (the "Merger Agreement"), by and among Atheros Communications, Inc., a Delaware corporation (the "Issuer"), Qualcomm Incorporated, a Delaware corporation ("Qualcomm"), and T Merger Sub, Inc., a Delaware corporation and a wholly owned subsidiary of Qualcomm ("Merger Sub"), pursuant to which Merger Sub merged with and into the Issuer with the Issuer surviving the merger as a wholly owned subsidiary of Qualcomm (the "Merger"), in exchange for $45.00 per share on the effective date of the Merger.
  • [F2]The options become exercisable in 48 equal monthly installments commencing on 6/24/2010. All of the options became exercisable upon the effective date of the Merger.
  • [F3]This option was cancelled and converted into the right to receive a cash payment equal to the number of shares of the Issuer's common stock underlying this option multiplied by the amount, if any, that $45.00 exceeded the exercise price of this option, less any applicable withholding taxes, pursuant to the Merger Agreement.
  • [F4]The options are fully vested and exercisable.

Issuer

ATHEROS COMMUNICATIONS INC

CIK 0001140486

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001140486

Filing Metadata

Form type
4
Filed
May 23, 8:00 PM ET
Accepted
May 24, 5:32 PM ET
Size
10.2 KB