4//SEC Filing
Teshima Peter S 4
Accession 0001510192-12-000013
CIK 0001065034other
Filed
Feb 21, 7:00 PM ET
Accepted
Feb 22, 7:15 PM ET
Size
23.8 KB
Accession
0001510192-12-000013
Insider Transaction Report
Form 4
Teshima Peter S
Chief Financial Officer
Transactions
- Disposition to Issuer
Restricted Stock Units
2012-02-22−35,000→ 0 totalExercise: $0.00Exp: 2016-08-22→ Common Stock (35,000 underlying) - Disposition to Issuer
Restricted Stock Units
2012-02-22−5,000→ 0 totalExercise: $0.00Exp: 2014-10-13→ Common Stock (5,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2012-02-22−89,243→ 0 totalExercise: $5.12Exp: 2018-08-22→ Common Stock (89,243 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2012-02-22−75,000→ 0 totalExercise: $2.48Exp: 2014-10-13→ Common Stock (75,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2012-02-22−200,000→ 0 totalExercise: $1.00Exp: 2013-12-22→ Common Stock (200,000 underlying) - Disposition to Issuer
Restricted Stock Units
2012-02-22−15,000→ 0 totalExercise: $0.00Exp: 2013-05-09→ Common Stock (15,000 underlying) - Disposition to Issuer
Restricted Stock Units
2012-02-22−75,000→ 0 totalExercise: $0.00Exp: 2015-05-26→ Common Stock (75,000 underlying) - Disposition to Issuer
Common Stock
2012-02-22$7.35/sh−126,021$926,254→ 0 total
Footnotes (8)
- [F1]Pursuant to the Agreement and Plan of Merger, dated November 30, 2011, by and among Synopsys, Inc., Lotus Acquisition Corp. and Magma Design Automation, Inc. (the "Merger Agreement"), at the effective time of the merger, each share of Magma common stock was converted into the right to receive $7.35 in cash.
- [F2]This option, which initially represented a right to purchase 89,243 shares of Magma common stock, provided for vesting on a quarterly basis over four years. Pursuant to the Merger Agreement, the 78,088 unvested shares subject to the option were converted into and became an option to purchase 18,909 shares of Synopsys common stock at an exercise price of $21.15 per share, and the 11,155 vested shares subject to the option were canceled in exchange for a cash payment per share equal to the excess of $7.35 over the per share exercise price of the option.
- [F3]This option, which originally represented a right to purchase 75,000 shares of Magma common stock, provided for vesting on a quarterly basis over three years from May 4, 2009. Pursuant to the Merger Agreement, the 4,688 unvested shares subject to the option were converted into and became an option to purchase 1,135 shares of Synopsys common stock at an exercise price of $10.25 per share, and the 70,312 vested shares (including 1,562 shares whose vesting was accelerated in connection with the merger) subject to the option were canceled in exchange for a cash payment per share equal to the excess of $7.35 over the per share exercise price of the option.
- [F4]This option, which initially represented a right to purchase 200,000 shares of Magma common stock, provided for vesting on a monthly basis for 48 months from December 22, 2008. Pursuant to the Merger Agreement, the 31,251 unvested shares subject to the option were converted into and became an option to purchase 7,567 shares of Synopsys common stock at an exercise price of $4.13 per share, and the 168,749 vested shares (including 10,416 shares whose vesting was accelerated in connection with the merger) subject to the option were canceled in exchange for a cash payment per share equal to the excess of $7.35 over the per share exercise price of the option.
- [F5]This RSU, which originally represented an award with respect to 100,000 shares of Magma common stock, provided for vesting annually over four years from May 3, 2010. Pursuant to the Merger Agreement, the 56,250 unvested shares subject to the RSU were converted into and became RSUs with respect to 13,621 shares of Synopsys common stock, and the 18,750 vested shares (whose vesting was accelerated in connection with the merger) subject to the RSU were canceled in exchange for a cash payment of $7.35 per share.
- [F6]This RSU, which originally represented an award with respect to 35,000 shares of Magma common stock, provided for vesting annually over four years. Pursuant to the Merger Agreement, the 26,250 unvested shares subject to the RSU were converted into and became RSUs with respect to 6,356 shares of Synopsys common stock, and the 8,750 vested shares (whose vesting was accelerated in connection with the merger) subject to the RSU were canceled in exchange for a cash payment of $7.35 per share.
- [F7]This RSU, which originally represented an award with respect to 60,000 shares of Magma common stock, provided for vesting of 25% annually. Pursuant to the Merger Agreement, the 11,250 unvested shares subject to the RSU were converted into and became RSUs with respect to 2,724 shares of Synopsys common stock, and the 3,750 vested shares (whose vesting was accelerated in connection with the merger) subject to the RSU were canceled in exchange for a cash payment of $7.35 per share.
- [F8]This RSU, which originally represented an award with respect to 60,000 shares of Magma common stock, provided for vesting on a quarterly basis over three years from May 4, 2009. Pursuant to the Merger Agreement, the 3,750 unvested shares subject to the RSU were converted into and became RSUs with respect to 908 shares of Synopsys common stock, and the 1,250 vested shares (whose vesting was accelerated in connection with the merger) subject to the RSU were canceled in exchange for a cash payment of $7.35 per share.
Documents
Issuer
MAGMA DESIGN AUTOMATION INC
CIK 0001065034
Entity typeother
Related Parties
1- filerCIK 0001360999
Filing Metadata
- Form type
- 4
- Filed
- Feb 21, 7:00 PM ET
- Accepted
- Feb 22, 7:15 PM ET
- Size
- 23.8 KB