SEC Form 4 · accession 0000873044-18-000220

RADISYS CORP · RSYS

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

Reporting owner

Officer — Chief Financial Officer

Period of report

Dec 11, 2018

Accepted (ET)

Dec 11, 2018 · 5:30 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000873044

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock^F1	Dec 11, 2018	D	130,217	$1.72	D	0	D
Common Stock^F1	Dec 11, 2018	D	6,107	$1.72	D	0	I	By 401(k) Plan

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	D/I
Incentive Stock Option (right to buy)^F2	$1.00	Dec 11, 2018	D	215,341	D	—	Feb 12, 2025	Common Stock	215,341	D
Non-Qualified Stock Option (right to buy)^F3	$1.00	Dec 11, 2018	D	34,659	D	—	Feb 12, 2025	Common Stock	34,659	D
Restricted Stock Units^F4,F5	$0.00	Dec 11, 2018	D	16,000	D	—	—	Common Stock	16,000	D

F1Pursuant to 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"), the shares of common stock were canceled and converted into the right to receive a cash payment of $1.72 per share.
F2Pursuant to the terms of the Merger Agreement, these options were canceled at the Effective Time of the Merger in exchange for the right to receive a cash payment of $155,045.52, representing the difference between the merger consideration of $1.72 per share and the exercise price of the option, less withholding taxes.
F3Pursuant to the terms of the Merger Agreement, these options were canceled at the Effective Time of the Merger in exchange for the right to receive a cash payment of $24,954.48, representing the difference between the merger consideration of $1.72 per share and the exercise price of the option, less withholding taxes.
F4Pursuant to the terms of the Merger Agreement, these restricted stock units were canceled at the Effective Time of the Merger in exchange for the right to receive a cash payment of $1.72 per share.
F5N/A