4//SEC Filing
Hegberg Rick 4
Accession 0001289430-11-000060
CIK 0001140486other
Filed
May 23, 8:00 PM ET
Accepted
May 24, 6:19 PM ET
Size
11.9 KB
Accession
0001289430-11-000060
Insider Transaction Report
Form 4
Hegberg Rick
Vice President Worldwide Sales
Transactions
- Disposition to Issuer
Common Stock
2011-05-24−77,856→ 0 total - Disposition to Issuer
Employee Stock Options (right to buy)
2011-05-24−65,000→ 0 totalExercise: $25.90Exp: 2020-08-29→ Common Stock (65,000 underlying) - Disposition to Issuer
Common Stock
2011-05-24−13,500→ 77,856 total - Award
Common Stock
2011-05-24+25,200→ 77,856 total
Footnotes (5)
- [F1]Consists of restricted stock units ("RSUs") that were granted on 5/24/2011.
- [F2]Consists of RSUs that were granted on 1/16/2011, that would vest subject to the Issuer's satisfaction of certain performance criteria for the fiscal year ended 12/31/2011; provided, however, that upon the closing of the merger contemplated by that certain Agreement and Plan of Merger dated as of January 5, 2011 (the "Merger Agreement"), by and among the Issuer, Qualcomm Incorporated ("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 as a wholly owned subsidiary of Qualcomm (the "Merger"), these RSUs were cancelled and converted into RSUs for a number of shares of Qualcomm common stock determined by multiplying the number of shares of Issuer common stock subject to these RSUs by approximately 0.791. These RSUs will vest on a time-based schedule.
- [F3]Consists of RSUs that were cancelled and converted into RSUs for a number of shares of Qualcomm common stock determined by multiplying the number of shares of Issuer common stock subject to these RSUs by approximately 0.791, subject to substantially the same terms and conditions as applied to these RSUs, pursuant to the Merger Agreement.
- [F4]25% of the options shall become exercisable on 8/30/2011, and the remaining options become exerciseable in 36 equal monthly installments commencing on 9/30/2011.
- [F5]This option was cancelled and converted into an option to purchase a number of shares of Qualcomm common stock determined by multiplying the number of shares of Issuer common stock underlying the option by approximately 0.791, subject to substantially the same terms and conditions as applied to this option, pursuant to the Merger Agreement.
Documents
Issuer
ATHEROS COMMUNICATIONS INC
CIK 0001140486
Entity typeother
Related Parties
1- filerCIK 0001321266
Filing Metadata
- Form type
- 4
- Filed
- May 23, 8:00 PM ET
- Accepted
- May 24, 6:19 PM ET
- Size
- 11.9 KB