SEC Form 4 · accession 0001209191-15-084222
Freescale Semiconductor, Ltd. · FSL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas H Lister
Director
Period of report
Dec 7, 2015
Accepted (ET)
Dec 9, 2015 · 4:01 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001392522
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common SharesF1,F2,F3 | Dec 7, 2015 | D | 31,315,416 | — | D | 0 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Disposed of pursuant to the Agreement and Plan of Merger, dated as of March 1, 2015 (the "Merger Agreement"), by and among NXP Semiconductors N.V. ("NXP"), Nimble Acquisition Limited ("Merger Sub") and the Issuer, whereby Merger Sub merged with and into the Issuer with the Issuer surviving the merger as an indirect, wholly-owned subsidiary of NXP (the "Merger"). At the effective time of the Merger, each common share of the Issuer (the "Freescale Shares"), issued and outstanding immediately prior to such time was cancelled (other than Freescale Shares held by the Issuer in treasury or owned by NXP, Merger Sub or any other direct or indirect wholly-owned subsidiary of NXP) and converted into the right to receive $6.25 in cash, without interest, plus 0.3521 of a duly authorized, validly issued and fully paid ordinary share of NXP, par value EUR 0.20 per share (the "NXP Ordinary Shares") (together with cash in lieu of fractional Freescale Shares).
- F2(cont'd) As of the close of trading on December 7, 2015, the market price of NXP Ordinary Shares was $86.25 per share.
- F3On December 4, 2015, Freescale Holdings L.P. made a distribution of all of the Freescale Shares held by it to its limited partners, including 31,315,416 Freescale Shares to funds advised by Permira Advisers LLC. Permira IV Managers L.P. has filed a separate Form 4 reporting its disposal of Freescale Shares in connection with the Merger and Mr. Lister, Co-Managing Partner of Permira and a member of Permira Advisers LLC, may be deemed to have beneficial ownership of those securities on the basis of his relationship with Permira IV Managers L.P. Mr. Lister disclaims beneficial ownership of the securities reported herein, except to the extent of his pecuniary interest therein, if any. The filing of this statement shall not be deemed to be an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise, Mr. Lister is the beneficial owner of any securities reported herein.