ADEPT TECHNOLOGY INC 4
4 · ADEPT TECHNOLOGY INC · Filed Nov 4, 2015
Insider Transaction Report
Form 4
AWM Investment Company, Inc.
10% Owner
Transactions
- Disposition from Tender
Common Stock
2015-10-26$13.00/sh−1,854,812$24,112,556→ 0 total(indirect: By Partnership)
Footnotes (3)
- [F1]AWM Investment Company, Inc., a Delaware Corporation (AWM), is the investment adviser to Special Situations Fund III QP, L.P. (QP), Special Situations Cayman Fund, L.P. (CAYMAN), Special Situations Private Equity Fund, L.P. (PE), Special Situations Technology Fund, L.P. (TECH) and Special Situations Technology Fund II, L.P. (TECH II and together with QP, CAYMAN, PE and TECH, the Funds). As the investment adviser to the Funds, AWM holds sole voting and investment power over. 0 shares of Common Stock of the Issuer (the Shares) held by QP, 0 Shares held by CAYMAN, 0 Shares held by PE, 0 Shares held by TECH and 0 Shares held by TECH II.
- [F2]Austin W. Marxe (Marxe), David M. Greenhouse (Greenhouse) and Adam C. Stettner (Stettner) are the controlling principals of AWM. The reporting person disclaims beneficial ownership of the Shares, except to the extent of its pecuniary interest therein. This report shall not be deemed an admission that the reporting person is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
- [F3]On September 16, 2015, the Issuer entered into an Agreement and Plan of Merger with OMRON Corporation (OMRON). Pursuant to the Merger Agreement, OMRON purchased all outstanding shares of the Issuer's Common Stock at a price of $13.00 per share.