ENTROPIC COMMUNICATIONS INC 4
4 · ENTROPIC COMMUNICATIONS INC · Filed May 4, 2015
Insider Transaction Report
Form 4
MERCHANT KENNETH A
Director
Transactions
- Disposition to Issuer
Common Stock
2015-04-30−257,498→ 0 total - Disposition to Issuer
Common Stock
2015-04-30−1,500→ 0 total(indirect: By Spouse)
Footnotes (1)
- [F1]Disposed of pursuant to the Agreement and Plan of Merger and Reorganization dated as of February 3, 2015 (the Merger Agreement, and the transactions contemplated therein, the Merger), by and among the Issuer, MaxLinear, Inc. (MaxLinear), Excalibur Acquisition Corporation and Excalibur Subsidiary, LLC, whereby each share of Issuer common stock was canceled in exchange for a cash payment of $1.20 per share and .2200 of a share of MaxLinear Class A Common Stock, with fractional shares being paid in cash. The market value of MaxLinear Class A Common Stock received under the Merger Agreement was $8.53 per share on the effective date of the Merger.