SEC Form 4 · accession 0001209191-15-008387

BTU INTERNATIONAL INC · BTUI

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

Reporting owner

James Michael Griffin

Officer — Vice President Sales

Period of report

Jan 30, 2015

Accepted (ET)

Feb 2, 2015 · 5:59 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
Common Stock^F1	Jan 30, 2015	M	5,500	—	A	16,000	D
Common Stock	Jan 30, 2015	F	2,079	$2.66	D	13,921	D
Common Stock^F2	Jan 30, 2015	D	13,921	—	D	0	D

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	D/I
RSU^F3	$0.00	Jan 30, 2015	D	2,000	D	—	Apr 28, 2021	Common Stock	2,000	D
RSU^F3	$0.00	Jan 30, 2015	D	3,500	D	—	Sep 3, 2021	Common Stock	3,500	D
Options (right to buy)^F4	$5.01	Jan 30, 2015	D	8,000	D	—	Oct 31, 2015	Common Stock	8,000	D
Options (right to buy)^F5	$4.06	Jan 30, 2015	D	8,000	D	—	May 15, 2016	Common Stock	8,000	D
Options (right to buy)^F6	$4.06	Jan 30, 2015	D	4,800	D	—	May 18, 2016	Common Stock	4,800	D
Options (right to buy)^F7	$4.06	Jan 30, 2015	D	6,400	D	—	May 18, 2016	Common Stock	6,400	D
Options (Right to buy)^F7	$4.06	Jan 30, 2015	D	6,400	D	—	May 18, 2016	Common Stock	6,400	D
Options (right to buy)^F8	$5.79	Jan 30, 2015	D	7,000	D	—	Oct 26, 2016	Common Stock	7,000	D
Options (right to buy)^F9	$5.38	Jan 30, 2015	D	6,000	D	—	May 21, 2017	Common Stock	6,000	D
Options (right to buy)^F10	$6.99	Jan 30, 2015	D	5,000	D	—	Nov 1, 2017	Common Stock	5,000	D
Options (right to buy)^F11	$9.04	Jan 30, 2015	D	3,000	D	—	May 20, 2018	Common Stock	3,000	D
Options (right to buy)^F12	$3.56	Jan 30, 2015	D	3,200	D	—	Nov 3, 2018	Common Stock	3,200	D
Options (right to buy)^F13	$3.03	Jan 30, 2015	D	3,600	D	—	Jun 4, 2019	Common Stock	3,600	D
Options (right to buy)^F14	$2.00	Jan 30, 2015	D	4,400	D	—	Nov 5, 2019	Common Stock	4,400	D
Options (right to buy)^F15	$2.35	Jan 30, 2015	D	2,400	D	—	Jun 3, 2020	Common Stock	2,400	D
Options (right to buy)^F16	$3.27	Jan 30, 2015	D	3,500	D	—	Nov 4, 2020	Common Stock	3,500	D
Options (right to buy)^F17	$2.59	Jan 30, 2015	D	6,000	D	—	Dec 8, 2021	Common Stock	6,000	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 1,645 shares of Amtech common stock for $21.24 per share.
F11This option which vests in equal installments on May 20, 2012, May 20, 2013, May 20, 2014 and May 20, 2015, was assumed by Amtech Systems, Inc., in the merger and converted into an option to purchase 987 shares of Amtech common stock for $27.47 per share.
F12This option which vests in equal installments on November 3, 2012, November 3, 2013, November 3, 2014 and November 3, 2015, was assumed by Amtech Systems, Inc., in the merger and converted into an option to purchase 1,053 shares of Amtech common stock for $10.82 per share.
F13This option which vests in equal installments on June 4, 2013, and June 4, 2014, was assumed by Amtech Systems, Inc., in the merger and converted into an option to purchase 1,184 shares of Amtech common stock for $9.21 per share.
F14This option which vests in equal installments on November 5, 2013, and November 5, 2014, was assumed by Amtech Systems, Inc., in the merger and converted into an option to purchase 1,448 shares of Amtech common stock for $6.08 per share.
F15This option which vests in equal installments on June 3, 2014 and June 3, 2015, was assumed by Amtech Systems, Inc., in the merger and converted into an option to purchase 789 shares of Amtech common stock for $7.14 per share.
F16This option which vests in equal installments on November 4, 2014, and November 4, 2015, was assumed by Amtech Systems, Inc., in the merger and converted into an option to purchase 1,151 shares of Amtech common stock for $9.94 per share.
F17This option which vests in equal installments on December 8, 2015, and December 8, 2016 and December 8, 2017, was assumed by Amtech Systems, Inc., in the merger and converted into an option to purchase 1,974 shares of Amtech common stock for $7.87 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.
F3The restricted stock units were accelerated as a result of the merger.
F4This option which is fully vested, was assumed by Amtech Systems, Inc., in the merger and converted into an option to purchase 2,632 shares of Amtech common stock for $15.23 per share.
F5This option which is fully vested, was assumed by Amtech Systems, Inc., in the merger and converted into an option to purchase 2,632 shares of Amtech common stock for $12.34 per share.
F6This option which is fully vested, was assumed by Amtech Systems, Inc., in the merger and converted into an option to purchase 1,579 shares of Amtech common stock for $12.34 per share.
F7This option which is fully vested, was assumed by Amtech Systems, Inc., in the merger and converted into an option to purchase 2,106 shares of Amtech common stock for $12.34 per share.
F8This option which is fully vested, was assumed by Amtech Systems, Inc., in the merger and converted into an option to purchase 2,303 shares of Amtech common stock for $17.60 per share.
F9This option which is fully vested, was assumed by Amtech Systems, Inc., in the merger and converted into an option to purchase 1,974 shares of Amtech common stock for $16.35 per share.