SEC Form 4 · accession 0001209191-16-112428

ATMEL CORP · ATML

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

Reporting owner

Director

Period of report

Mar 31, 2016

Accepted (ET)

Apr 4, 2016 · 5:35 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000872448

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock	Mar 31, 2016	M	22,500	$3.93	A	150,506	D
Common Stock	Mar 31, 2016	M	22,500	$4.37	A	173,006	D
Common Stock	Mar 31, 2016	M	16,500	$5.20	A	189,506	D
Common Stock	Mar 31, 2016	M	50,000	$5.69	A	239,506	D
Common Stock^F1	Mar 31, 2016	F	68,603	$8.12	D	170,903	D
Common Stock^F2	Apr 4, 2016	D	170,903	—	D	0	D
Common Stock^F2	Apr 4, 2016	D	69,201	—	D	0	I	By Trust
Common Stock^F2	Apr 4, 2016	D	6,000	—	D	0	I	By IRA

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	D/I
Employee Stock Option (right to buy)^F3	$3.93	Mar 31, 2016	M	22,500	D	—	Jun 15, 2019	Common Stock	22,500	D
Employee Stock Option (right to buy)^F3	$4.37	Mar 31, 2016	M	22,500	D	—	May 15, 2018	Common Stock	22,500	D
Employee Stock Option (right to buy)^F3	$5.20	Mar 31, 2016	M	16,500	D	—	Jun 15, 2020	Common Stock	16,500	D
Employee Stock Option (right to buy)^F3	$5.69	Mar 31, 2016	M	50,000	D	—	Jul 25, 2017	Common Stock	50,000	D

F1Reflects a non-market disposition undertaken to pay exercise price for the Reporting Person in connection with the exercise of employee stock options. No shares were actually sold by the Reporting Person.
F2Pursuant to merger agreement among Microchip Technology Corporation, Hero Acquisition Corporation and Atmel Corporation shares were disposed in exchange for, and converted into the right to receive, per share (i) $7.00 in cash and (ii) a fraction of a share of Microchip common stock having a market value of $1.15, calculated in accordance with the merger agreement.
F3The option was fully vested and exercisable.