SEC Form 4 · accession 0001246722-15-000004

INTEGRATED SILICON SOLUTION INC · ISSI

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

Reporting owner

Director

Period of report

Dec 7, 2015

Accepted (ET)

Dec 9, 2015 · 2:00 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000854701

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock^F1	Dec 7, 2015	D	6,000	—	D	0	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	D/I
Non-Qualified Stock Option (right to buy)^F2	$1.73	Dec 7, 2015	D	3,500	D	—	Feb 6, 2016	Common Stock	3,500	D
Non-Qualified Stock Option (right to buy)^F2	$6.86	Dec 7, 2015	D	5,000	D	—	Feb 5, 2017	Common Stock	5,000	D
Non-Qualified Stock Option (right to buy)^F2	$9.07	Dec 7, 2015	D	5,000	D	—	Feb 8, 2020	Common Stock	5,000	D
Non-Qualified Stock Option (right to buy)^F2	$10.35	Dec 7, 2015	D	5,000	D	—	Feb 3, 2019	Common Stock	5,000	D
Non-Qualified Stock Option (right to buy)^F2	$10.64	Dec 7, 2015	D	5,000	D	—	Feb 4, 2018	Common Stock	5,000	D
Non-Qualified Stock Option (right to buy)^F2	$11.26	Dec 7, 2015	D	7,500	D	—	Feb 11, 2021	Common Stock	7,500	D

F1Pursuant to the Agreement and Plan of Merger, dated as of March 12, 2015, by and among Integrated Silicon Solution, Inc. ("ISSI") and Uphill Investment Co., as joined by Indigo Acquisition Sub, Inc. (as amended, the "Merger Agreement"), upon the closing of the merger on December 7, 2015 (the"Closing"), each outstanding share of common stock of ISSI was cancelled in exchange for the right to receive $23.00 in cash.
F2Each of the stock options held by the reporting person is fully vested. Pursuant to the Merger Agreement, upon the Closing, each vested stock option was cancelled in exchange for a cash payment per share equal to the excess, if any, of $23.00 over the exercise price.