SEC Form 4 · accession 0001209191-15-008386
BTU INTERNATIONAL INC · BTUI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John J McCaffrey Jr.
Officer — Vice President
Period of report
Jan 30, 2015
Accepted (ET)
Feb 2, 2015 · 5:58 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 StockF1 | Jan 30, 2015 | M | 5,750 | — | A | 17,750 | D | |
| Common Stock | Jan 30, 2015 | F | 2,174 | $2.66 | D | 15,576 | D | |
| Common StockF2 | Jan 30, 2015 | D | 15,576 | — | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| RSUF3 | $0.00 | Jan 30, 2015 | D | 2,250 | D | — | Apr 28, 2021 | Common Stock | 2,250 | 0 | D |
| RSUF3 | $0.00 | Jan 30, 2015 | D | 3,500 | D | — | Sep 3, 2021 | Common Stock | 3,500 | 0 | D |
Explanation of responses
- F1The restricted stock units convert into common stock on a one-to-one basis.
- 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.
- F3The restricted stock units were accelerated as a result of the merger.