Shepard David 4
4 · INTEGRATED DEVICE TECHNOLOGY INC · Filed Mar 29, 2019
Insider Transaction Report
Form 4
Shepard David
VP BUSINESS UNIT
Transactions
- Disposition to Issuer
Common Stock
2019-03-29−54,481→ 55,222 total - Disposition to Issuer
Common Stock
2019-03-29−55,222→ 0 total
Footnotes (3)
- [F1]Disposed of pursuant to the closing of the transactions contemplated by that certain Agreement and Plan of Merger, dated as of September 10, 2018 by and between Renesas Electronics Corporation and Integrated Device Technology, Inc. ("Issuer"), and subsequently joined by Chapter Two Company (the "Merger"). Each share of Issuer common stock held by the reporting person was cancelled in the Merger and converted into the right to receive $49.00 in cash per share (the "Per Share Merger Consideration").
- [F2]Includes 55,222 Restricted Stock Units ("RSUs").
- [F3]RSUs disposed of pursuant to the Merger. Each Company RSU (or portion thereof) that is an Accelerated RSU (excluding any Director RSU) shall, without any action on the part of the holder thereof, be cancelled and converted at the Effective Time into the right to receive that number of whole vested and exercisable Parent One Yen Options equal to the calculation set forth in Section 2.4 of the Merger Agreement.