SEC Form 4 · accession 0001209191-16-134510

MULTI FINELINE ELECTRONIX INC · MFLX

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Thomas Lee

Officer — EVP Business Development

Period of report

Jul 27, 2016

Accepted (ET)

Jul 29, 2016 · 7:11 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000830916

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock^F1	Jul 27, 2016	D	38,989	$23.95	D	0	D

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	D/I
Restricted Stock Unit^F2	—	Jul 27, 2016	D	37,337	D	—	—	Common Stock	37,337	D
Performance Stock Unit^F3	—	Jul 27, 2016	D	36,052	D	—	—	Common Stock	36,052	D
Stock Appreciate Right^F4	$21.90	Jul 27, 2016	D	2,283	D	—	Jun 5, 2019	Common Stock	2,283	D
Stock Appreciate Right^F4	$22.17	Jul 27, 2016	D	13,001	D	—	Nov 15, 2020	Common Stock	13,001	D

Explanation of responses

F1Disposed of pursuant to the Agreement and Plan of Merger ("Merger Agreement"), dated as of February 4, 2016, by and among Multi-Fineline Electronix, Inc., Suzhou Dongshan Precision Manufacturing Co., Ltd., and Dragon Electronix Merger Sub Inc., pursuant to which the outstanding shares of the issuer's common stock were converted into the right to receive the merger consideration of $23.95 per share in cash, without interest, on July 27, 2016, the effective date of the Merger (the "Effective Date").
F2Represents restricted stock units, whether vested or unvested, that became fully vested and cancelled as of the Effective Date, pursuant to the Merger Agreement in exchange for the right to receive the merger consideration of $23.95 per share in cash, without interest and less any applicable withholding taxes.
F3Represents performance stock units, whether vested or unvested, that became fully vested and cancelled as of the Effective Date pursuant to the Merger Agreement in exchange for the right to receive the merger consideration of $23.95 per share in cash, assuming that the applicable performance goals were achieved at 100% of the target level, without interest and less any applicable withholding taxes.
F4Represents stock appreciation right ("SAR"), whether vested or unvested, that became fully vested and cancelled at the Effective Date in exchange for the right to receive the merger consideration in an amount determined by multiplying (x) the excess, if any, of the merger consideration of $23.95 per share, over the applicable exercise price per share of such SAR by (y) the number of shares subject to such SAR.