RAPPAPORT ANDREW 4
4 · ATHEROS COMMUNICATIONS INC · Filed May 24, 2011
Insider Transaction Report
Form 4
RAPPAPORT ANDREW
Director
Transactions
- Disposition to Issuer
Director Stock Options (right to buy)
2011-05-24$32.71/sh−7,500$245,325→ 0 totalExercise: $12.29Exp: 2014-05-18→ Common Stock (7,500 underlying)
Footnotes (2)
- [F1]The options are fully vested and exercisable.
- [F2]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 that certain Agreement and Plan of Merger dated as of January 5, 2011, 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").