Home/Filings/4/0001289430-11-000059
4//SEC Filing

FAINTUCH AMIR 4

Accession 0001289430-11-000059

CIK 0001140486other

Filed

May 23, 8:00 PM ET

Accepted

May 24, 6:13 PM ET

Size

15.9 KB

Accession

0001289430-11-000059

Insider Transaction Report

Form 4
Period: 2011-05-24
FAINTUCH AMIR
Senior Vice President & GM
Transactions
  • Disposition to Issuer

    Employee Stock Options (right to buy)

    2011-05-2435,4170 total
    Exercise: $24.39Exp: 2018-09-16Common Stock (35,417 underlying)
  • Award

    Common Stock

    2011-05-24+37,500115,350 total
  • Disposition to Issuer

    Common Stock

    2011-05-24110,3135,037 total
  • Disposition to Issuer

    Common Stock

    2011-05-2421,000115,350 total
  • Disposition to Issuer

    Common Stock

    2011-05-24$45.00/sh5,037$226,6650 total
Footnotes (7)
  • [F1]Consists of restricted stock units ("RSUs") that were granted on 5/24/2011.
  • [F2]Consists of RSUs that were granted on 1/16/2011, that would vest subject to the Issuer's satisfaction of certain performance criteria for the fiscal year ended 12/31/2011; provided, however, that upon the closing of the merger contemplated by that certain Agreement and Plan of Merger dated as of January 5, 2011 (the "Merger Agreement"), by and among the Issuer, Qualcomm Incorporated ("Qualcomm") and T Merger Sub, Inc., a Delaware corporation and a wholly owned subsidiary of Qualcomm ("Merger Sub"), pursuant to which Merger Sub merged with and into the Issuer with the Issuer surviving as a wholly owned subsidiary of Qualcomm (the "Merger"), these RSUs were cancelled and converted into RSUs for a number of shares of Qualcomm common stock determined by multiplying the number of shares of Issuer common stock subject to these RSUs by approximately 0.791. These RSUs will vest on a time-based schedule.
  • [F3]Consists of RSUs that were cancelled and converted into RSUs for a number of shares of Qualcomm common stock determined by multiplying the number of shares of Issuer common stock subject to these RSUs by approximately 0.791, subject to substantially the same terms and conditions as applied to these RSUs, pursuant to the Merger Agreement.
  • [F4]Disposed of pursuant to the Merger Agreement in exchange for $45.00 per share on the effective date of the Merger.
  • [F5]25% of the options became exercisable on 9/15/2009, and the remaining options become exercisable in 36 equal monthly installments beginning on 10/15/ 2009.
  • [F6]This option was cancelled and converted into an option to purchase a number of shares of Qualcomm common stock determined by multiplying the number of shares of Issuer common stock underlying the option by approximately 0.791, subject to substantially the same terms and conditions as applied to this option, pursuant to the Merger Agreement.
  • [F7]The options become exercisable in 48 equal monthly installments commencing on March 11, 2010.

Issuer

ATHEROS COMMUNICATIONS INC

CIK 0001140486

Entity typeother

Related Parties

1
  • filerCIK 0001506667

Filing Metadata

Form type
4
Filed
May 23, 8:00 PM ET
Accepted
May 24, 6:13 PM ET
Size
15.9 KB