ALLEN TELECOM INC 4
4 · ALLEN TELECOM INC · Filed Jul 16, 2003
Insider Transaction Report
Form 4
No transactions or holdings reported in this filing.
Footnotes (4)
- [F1]Disposed of pursuant to merger agreement between issuer and Andrew Cosporation in exchange for 374,266 shares of common stock of Andrew Corporation having a market value of $11.49 per share on the effective date of the merger
- [F2]This option which provided for a vesting schedule of 50% on the second anniversary, 75% on the third anniversary and 100% on the fourth anniversary of the date of grant, was canceled in the merger in exchange for a cash payment of $976,069.5 representing the difference between the exercise price of the option and the closing price of the underlying Issuer common stock on the day prior to the effictive date of the merger ($20.51)
- [F3]This option which provided for a vesting schedule of 50% on the second anniversary, 75% on the third anniversary and 100% on the fourth anniversary of the date of grant, was assumed by Andrew Corporation and replaced with an option to purchase 88,750 shares of common stock of Andrew Corporation at an exercise price of $3.43366
- [F4]This option which provided for a vesting schedule of 50% on the second anniversary, 75% on the third anniversary and 100% on the fourth anniversary of the date of grant, was assumed by Andrew Corporation and replaced with an option to purchase 115,375 shares of common stock of Andrew Corporation at an exercise price of $13.0282.