Jorgenson Frederick R 4

Accession 0001437749-12-010141

CIK 0001138830other

View on SEC.gov Company Profile

Filed

Oct 8, 8:00 PM ET

Accepted

Oct 9, 10:20 AM ET

Size

26.4 KB

Accession

0001437749-12-010141

Insider Transaction Report

Form 4

Period: 2012-10-04

AUTHENTEC INCAUTH

Jorgenson Frederick R

Vice Pres.- General Counsel

Transactions

Disposition to Issuer
Stock Option
2012-10-04−5,000→ 0 total
Exercise: $9.78Exp: 2018-03-03→ Common Stock (5,000 underlying)
Disposition to Issuer
Common Stock
2012-10-04$8.00/sh−5,063$40,504→ 0 total
Disposition to Issuer
Stock Option
2012-10-04−17,500→ 0 total
Exercise: $1.88Exp: 2020-08-02→ Common Stock (17,500 underlying)
Disposition to Issuer
Stock Option
2012-10-04$5.16/sh−116,884$603,121→ 0 total
Exercise: $2.84Exp: 2016-11-13→ Common Stock (116,884 underlying)
Disposition to Issuer
Stock Option
2012-10-04$2.00/sh−7,804$15,608→ 0 total
Exercise: $6.00Exp: 2017-02-21→ Common Stock (7,804 underlying)
Disposition to Issuer
Stock Option
2012-10-04$6.64/sh−4,000$26,560→ 0 total
Exercise: $1.36Exp: 2019-03-02→ Common Stock (4,000 underlying)
Disposition to Issuer
Stock Option
2012-10-04−6,741→ 0 total
Exercise: $1.52Exp: 2019-04-01→ Common Stock (6,741 underlying)
Disposition to Issuer
Stock Option
2012-10-04$6.12/sh−17,500$107,100→ 0 total
Exercise: $1.88Exp: 2020-08-02→ Common Stock (17,500 underlying)
Disposition to Issuer
Stock Option
2012-10-04$6.48/sh−29,209$189,274→ 0 total
Exercise: $1.52Exp: 2019-04-01→ Common Stock (29,209 underlying)
Disposition to Issuer
Stock Option
2012-10-04$5.44/sh−17,500$95,200→ 0 total
Exercise: $2.56Exp: 2021-08-01→ Common Stock (17,500 underlying)
Disposition to Issuer
Stock Option
2012-10-04−52,500→ 0 total
Exercise: $2.56Exp: 2021-08-01→ Common Stock (52,500 underlying)

Footnotes (11)

[F1]Each share was cancelled pursuant to a merger agreement between the issuer and Apple Inc. in exchange for a cash payment equal to the per share merger consideration ($8.00).
[F10]Each option with an exercise price greater than the per share merger consideration ($8.00) was cancelled for no consideration.
[F11]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.
[F2]Stock options vest 25% on November 13, 2007, with the remaining vesting in equal quarterly installments over a three-year period.
[F3]Stock options vest 25% on February 21, 2008, with the remaining vesting in equal quarterly installments over a three-year period.
[F4]Stock options vest 25% on March 2, 2010, with the remaining vesting in equal quarterly installments over a three-year period.
[F5]Stock options vest 25% on February 12, 2009, with the remaining vesting in equal quarterly installments over a three-year period.
[F6]Stock options vest 25% on April 1, 2010, with the remaining vesting in equal quarterly installments over a three-year period.
[F7]Stock options vest 25% on August 2, 2011, with the remaining vesting in equal quarterly installments over a three-year period.
[F8]Stock options vest 25% on August 1, 2012, with the remaining vesting in equal quarterly installments over a three-year period.
[F9]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.

Documents

1 file

4
rdgdoc.xmlPrimary
PRIMARY DOCUMENT

Issuer

AUTHENTEC INC

CIK 0001138830

→

Entity typeother

Related Parties

filerCIK 0001403685

Filing Metadata

Form type: 4
Filed: Oct 8, 8:00 PM ET
Accepted: Oct 9, 10:20 AM ET
Size: 26.4 KB

View on SEC.gov