OAK TECHNOLOGY INC 4
4 · OAK TECHNOLOGY INC · Filed Aug 13, 2003
Insider Transaction Report
Form 4
POWER DAVID
VP General Counsel & Secretary
Transactions
- Disposition to Issuer
Employee Stock Option (Right to Buy)
2003-08-11−40,000→ 0 totalExercise: $7.94Exp: 2011-01-26→ Common Stock (40,000 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2003-08-11−60,000→ 0 totalExercise: $12.41Exp: 2012-03-18→ Common Stock (60,000 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2003-08-11−32,000→ 0 totalExercise: $4.42Exp: 2012-06-27→ Common Stock (32,000 underlying)
Footnotes (5)
- [F1]These options vest 24% on the first anniversary of the grant date and the balance vests in a series of successive equal monthly installments of 2% of the remaining option shares measured from the first anniversary of the vesting commencement date. Upon the closing of the merger, the vesting of these options accelerated by 12 months.
- [F2]This option was assumed by Zoran Corporation in the merger and replaced with an option to purchase 13,332 shares of Zoran common stock for $23.81 per share, pursuant to the Agreement and Plan of Reorganization dated May 4, 2003 between the issuer and Zoran (as amended the "Merger Agreement")
- [F3]This option was assumed by Zoran in the merger and replaced with an option to purchase 19,998 shares of Zoran common stock for $37.23 per share, pursuant to the Merger Agreement.
- [F4]This option was assumed by Zoran in the merger and replaced with an option to purchase 10,665 shares of Zoran common stock for $13.26 per share, pursuant to the Merger Agreement.
- [F5]This option was assumed by Zoran in the merger and replaced with an option to purchase 13,332 shares of Zoran common stock for $7.50 per share, pursuant to the Merger Agreement.