Pesaturo John F 4
4 · APPLIED SIGNAL TECHNOLOGY INC · Filed Feb 2, 2011
Insider Transaction Report
Form 4
Pesaturo John F
V P-Sensor Systems
Transactions
- Disposition from Tender
Common Stock
2011-01-31$38.00/sh−11,599$440,762→ 0 total - Disposition to Issuer
Stock Option (Right to Buy)
2011-01-31−1,200→ 0 totalExercise: $18.85Exp: 2013-07-01→ Common Stock (12,000 underlying) - Disposition to Issuer
Common Stock
2011-01-31$38.00/sh−15,250$579,500→ 0 total
Footnotes (2)
- [F1]Represented shares of common stock subject to vesting (each, a "Restricted Stock Award"). Pursuant to the Agreement and Plan of Merger, dated December 18, 2010, between the issuer, Raytheon Company and RN Acquisition Company, each Restricted Stock Award has been converted into the right to receive a cash amount equal to $38.000 following the vesting of such Restricted Stock Award.
- [F2]This option was cancelled as a result of the completion of the tender offer that expired on January 28, 2011 in exchange for cash payment of $229,800, representing the difference between the exercise price of the option and the offer price ($38.00 per share) pursuant to the Agreement and Plan of Merger, dated December 18, 2010, between the issuer, Raytheon Company and RN Acquisition Company.