Home/Filings/4/0001289430-11-000064
4//SEC Filing

Torre David D 4

Accession 0001289430-11-000064

CIK 0001140486other

Filed

May 23, 8:00 PM ET

Accepted

May 24, 6:28 PM ET

Size

22.9 KB

Accession

0001289430-11-000064

Insider Transaction Report

Form 4
Period: 2011-05-24
Torre David D
VP & Chief Accounting Officer
Transactions
  • Disposition to Issuer

    Common Stock

    2011-05-245,00031,191 total
  • Disposition to Issuer

    Employee Stock Options (right to buy)

    2011-05-2415,0000 total
    Exercise: $34.02Exp: 2017-02-10Common Stock (15,000 underlying)
  • Disposition to Issuer

    Employee Stock Options (right to buy)

    2011-05-2410,0000 total
    Exercise: $15.24Exp: 2014-04-20Common Stock (10,000 underlying)
  • Disposition to Issuer

    Employee Stock Options (right to buy)

    2011-05-2424,0000 total
    Exercise: $27.37Exp: 2015-02-12Common Stock (24,000 underlying)
  • Disposition to Issuer

    Common Stock

    2011-05-24$45.00/sh13,447$605,1150 total
  • Disposition to Issuer

    Common Stock

    2011-05-2417,74413,447 total
  • Disposition to Issuer

    Employee Stock Options (right to buy)

    2011-05-2430,0000 total
    Exercise: $1.72Exp: 2013-03-11Common Stock (30,000 underlying)
Footnotes (7)
  • [F1]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.
  • [F2]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.
  • [F3]Disposed of pursuant to the Merger Agreement in exchange for $45.00 per share on the effective date of the Merger.
  • [F4]The options are fully vested and exercisable.
  • [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 these options, pursuant to the Merger Agreement.
  • [F6]The options became exercisable in 48 equal monthly installments commencing on 3/13/2008.
  • [F7]The options became exercisable in 48 equal monthly installments commencing on 3/11/2010.

Issuer

ATHEROS COMMUNICATIONS INC

CIK 0001140486

Entity typeother

Related Parties

1
  • filerCIK 0001350297

Filing Metadata

Form type
4
Filed
May 23, 8:00 PM ET
Accepted
May 24, 6:28 PM ET
Size
22.9 KB