4//SEC Filing
POWER ONE INC 4
Accession 0001179110-13-012147
CIK 0001042825operating
Filed
Jul 24, 8:00 PM ET
Accepted
Jul 25, 5:20 PM ET
Size
9.3 KB
Accession
0001179110-13-012147
Insider Transaction Report
Form 4
POWER ONE INCPWER
WALTERS JAY
Director
Transactions
- Disposition to Issuer
Non Qualified Stock Options
2013-07-25$1.89/sh−10,000$18,900→ 0 totalExercise: $4.46Exp: 2015-05-03→ Common Stock (10,000 underlying) - Disposition to Issuer
Common Stock
2013-07-25$6.35/sh−94,875$602,456→ 0 total - Disposition to Issuer
Non Qualified Stock Options
2013-07-25$5.16/sh−25,000$129,000→ 0 totalExercise: $1.19Exp: 2019-05-19→ Common Stock (25,000 underlying)
Footnotes (2)
- [F1]This option, which provided for vesting on the earlier of the first anniversary of the date of the grant or the date of the Issuer's 2006 Annual Shareholders Meeting, was canceled in the merger of Verdi Acquisition Corporation, an indirect wholly owned subsidiary of ABB Ltd, with and into Issuer, with Issuer continuing as the surviving corporation, in exchange for a cash payment of $18,900, representing the difference between the exercise price of the option and the cash consideration paid for the shares underlying such option.
- [F2]This option, which provided for vesting on the earlier of the first anniversary of the date of the grant or the date of the Issuer's 2010 Annual Shareholders Meeting, was canceled in the merger of Verdi Acquisition Corporation, an indirect wholly owned subsidiary of ABB Ltd, with and into Issuer, with Issuer continuing as the surviving corporation, in exchange for a cash payment of $129,000, representing the difference between the exercise price of the option and the cash consideration paid for the shares underlying such option.
Documents
Issuer
POWER ONE INC
CIK 0001042825
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001042825
Filing Metadata
- Form type
- 4
- Filed
- Jul 24, 8:00 PM ET
- Accepted
- Jul 25, 5:20 PM ET
- Size
- 9.3 KB