INTEGRATED SILICON SOLUTION INC 4
4 · INTEGRATED SILICON SOLUTION INC · Filed Dec 9, 2015
Insider Transaction Report
Form 4
Khazam Jonathan
Director
Transactions
- Disposition to Issuer
Common Stock
2015-12-07−10,000→ 0 total - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2015-12-07−5,000→ 0 totalExercise: $9.07Exp: 2020-02-08→ Common Stock (5,000 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2015-12-07−5,000→ 0 totalExercise: $10.64Exp: 2018-02-04→ Common Stock (5,000 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2015-12-07−3,500→ 0 totalExercise: $1.73Exp: 2016-02-06→ Common Stock (3,500 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2015-12-07−5,000→ 0 totalExercise: $10.35Exp: 2019-02-03→ Common Stock (5,000 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2015-12-07−5,000→ 0 totalExercise: $6.86Exp: 2017-02-05→ Common Stock (5,000 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2015-12-07−7,500→ 0 totalExercise: $11.26Exp: 2021-02-11→ Common Stock (7,500 underlying)
Footnotes (2)
- [F1]Pursuant to the Agreement and Plan of Merger, dated as of March 12, 2015, by and among Integrated Silicon Solution, Inc. ("ISSI") and Uphill Investment Co., as joined by Indigo Acquisition Sub, Inc. (as amended, the "Merger Agreement"), upon the closing of the merger on December 7, 2015 (the"Closing"), each outstanding share of common stock of ISSI was cancelled in exchange for the right to receive $23.00 in cash.
- [F2]Each of the stock options held by the reporting person is fully vested. Pursuant to the Merger Agreement, upon the Closing, each vested stock option was cancelled in exchange for a cash payment per share equal to the excess, if any, of $23.00 over the exercise price.