Calamia Philip L 4
4 · AUTHENTEC INC · Filed Oct 9, 2012
Insider Transaction Report
Form 4
AUTHENTEC INCAUTH
Calamia Philip L
Chief Financial Officer
Transactions
- Disposition to Issuer
Stock Option
2012-10-04$5.44/sh−20,000$108,800→ 0 totalExercise: $2.56Exp: 2021-08-01→ Common Stock (20,000 underlying) - Disposition to Issuer
Stock Option
2012-10-04$4.54/sh−75,000$340,500Exercise: $3.46Exp: 2021-03-01→ Common Stock (75,000 underlying) - Disposition to Issuer
Stock Option
2012-10-04−125,000Exercise: $3.46Exp: 2021-03-01→ Common Stock (125,000 underlying) - Disposition to Issuer
Stock Option
2012-10-04−60,000→ 0 totalExercise: $2.56Exp: 2021-08-01→ Common Stock (60,000 underlying)
Footnotes (4)
- [F1]Stock options vest 25% on February 28, 2012, with the remaining vesting in equal quarterly installments over a three-year period.
- [F2]Stock options vest 25% on August 1, 2012, with the remaining vesting in equal quarterly installments over a three-year period.
- [F3]Each vested option was cancelled pursuant to a merger agreement between the issuer and Apple Inc. in exchange for a cash payment equal to the excess, if any, of the per share merger consideration ($8.00) over the exercise price of the option.
- [F4]Each unvested option was assumed by Apple in the merger and replaced with an option to purchase 0.012 shares of Apple, with a corresponding adjustment to the exercise price.