SEC Form 4 · accession 0000873044-18-000218
RADISYS CORP · RSYS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen L Domenik
Director
Period of report
Dec 11, 2018
Accepted (ET)
Dec 11, 2018 · 5:29 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000873044
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F1 | $0.90 | Dec 11, 2018 | D | 80,000 | D | — | Feb 7, 2025 | Common Stock | 80,000 | 0 | D |
Explanation of responses
- F1Pursuant to the terms of the Agreement and Plan of Merger, dated June 29, 2018, by and among Radisys Corporation, Reliance Industries Limited and Integrated Cloud Orchestration (ICO), Inc., an Oregon corporation and wholly owned subsidiary of Reliance Industries Limited (the "Merger Agreement" and the transactions contemplated therein, the "Merger"), which became effective on December 11, 2018 (the "Effective Time"), these options were canceled at the Effective Time of the Merger in exchange for the right to receive a cash payment of $65,600, representing the difference between the merger consideration of $1.72 per share and the exercise price of the option, less withholding taxes.