SEC Form 4 · accession 0001209191-15-008384

BTU INTERNATIONAL INC · BTUI

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

Reporting owner

Paul J Van Der Wansem

Officer — Chairman, President and CEO · Director · 10% Owner

Period of report

Jan 30, 2015

Accepted (ET)

Feb 2, 2015 · 5:57 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000840883

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock^F1	Jan 30, 2015	M	2,500	—	A	1,024,900	D
Common Stock^F2	Jan 30, 2015	D	1,024,900	—	D	0	D
Common Stock^F2,F3	Jan 30, 2015	D	365,000	—	D	0	I	By Family LTP
Common Stock^F2,F4	Jan 30, 2015	D	115,000	—	D	0	I	By wife
Common Stock^F2,F5	Jan 30, 2015	D	90,344	—	D	0	I	By Family Trust

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	D/I
RSU^F6	$0.00	Jan 30, 2015	D	2,500	D	—	Apr 28, 2021	Common Stock	2,500	D
Options (right to buy)^F7	$10.05	Jan 30, 2015	D	66,000	D	—	May 16, 2015	Common Stock	66,000	D
Options (right to buy)^F8	$5.01	Jan 30, 2015	D	33,000	D	—	Oct 31, 2015	Common Stock	33,000	D
Options (right to buy)^F9	$3.00	Jan 30, 2015	D	33,000	D	—	May 15, 2016	Common Stock	33,000	D
Options (right to buy)^F10	$5.79	Jan 30, 2015	D	50,000	D	—	Oct 26, 2016	Common Stock	50,000	D
Options (right to buy)^F11	$5.38	Jan 30, 2015	D	35,000	D	—	May 21, 2017	Common Stock	35,000	D
Options (right to buy)^F12	$6.99	Jan 30, 2015	D	35,000	D	—	Nov 1, 2017	Common Stock	35,000	D
Options (right to buy)^F13	$9.04	Jan 30, 2015	D	21,000	D	—	May 20, 2018	Common Stock	21,000	D
Options (right to buy)^F14	$3.56	Jan 30, 2015	D	21,000	D	—	Nov 3, 2018	Common Stock	21,000	D
Options (right to buy)^F15	$3.03	Jan 30, 2015	D	25,000	D	—	Jun 4, 2019	Common Stock	25,000	D
Options (right to buy)^F16	$2.00	Jan 30, 2015	D	25,000	D	—	Nov 5, 2019	Common Stock	25,000	D
Options (right to buy)^F17	$2.35	Jan 30, 2015	D	12,500	D	—	Jun 3, 2020	Common Stock	12,500	D
Options (right to buy)^F18	$3.27	Jan 30, 2015	D	18,000	D	—	Nov 4, 2020	Common Stock	18,000	D

Explanation of responses

F1The restricted stock units convert into common stock on a one-to-one basis.
F10This option which is fully vested, was assumed by Amtech Systems, Inc., in the merger and converted into an option to purchase 16,455 shares of Amtech common stock for $17.60 per share.
F11This option which is fully vested, was assumed by Amtech Systems, Inc., in the merger and converted into an option to purchase 11,518 shares of Amtech common stock for $16.35 per share
F12This option which is fully vested, was assumed by Amtech Systems, Inc., in the merger and converted into an option to purchase 11,518 shares of Amtech common stock for $21.24 per share.
F13This option which is fully vested, was assumed by Amtech Systems, Inc., in the merger and converted into an option to purchase 6,911 shares of Amtech common stock for $27.47 per share
F14This option which is fully vested, was assumed by Amtech Systems, Inc., in the merger and converted into an option to purchase 6,911 shares of Amtech common stock for $10.82 per share.
F15This option which is fully vested, was assumed by Amtech Systems, Inc., in the merger and converted into an option to purchase 8,227 shares of Amtech common stock for $9.21 per share.
F16This option which is fully vested, was assumed by Amtech Systems, Inc., in the merger and converted into an option to purchase 8227 shares of Amtech common stock for $6.08 per share.
F17This option which is fully vested, was assumed by Amtech Systems, Inc., in the merger and converted into an option to purchase 4,113 shares of Amtech common stock for $7.14 per share.
F18This option which is fully vested, was assumed by Amtech Systems, Inc., in the merger and converted into an option to purchase 5,923 shares of Amtech common stock for $9.94 per share.
F2Disposed of pursuant to merger agreement between issuer and Amtech Systems, Inc., in exchange on a per share basis for .3291 shares of Amtech common stock having a market value of $8.20 per share on the effective date of the merger.
F3Mr. van der Wansem disclaims beneficial ownership of the shares held by the Partnership except to the extent of his pecuniary interest
F4Mr. van der Wansem disclaims beneficial ownership in shares held by his wife.
F5Mr. van der Wansem disclaims any beneficial ownership in shares held by the 1981 Van der Wansem Family Trust
F6The restricted stock units were accelerated as a result of the merger.
F7This option which is fully vested, was assumed by Amtech Systems, Inc., in the merger and converted into an option to purchase 21,720 shares of Amtech common stock for $30.54 per share.
F8This option which is fully vested, was assumed by Amtech Systems, Inc., in the merger and converted into an option to purchase 10,860 shares of Amtech common stock for $15.23 per share.
F9This option which is fully vested, was assumed by Amtech Systems, Inc., in the merger and converted into an option to purchase 10,860 shares of Amtech common stock for $12.34 per share.