SEC Form 4 · accession 0001437749-16-027872
ANADIGICS INC · ANAD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ronald Michels
Officer — Chairman & CEO
Period of report
Mar 14, 2016
Accepted (ET)
Mar 16, 2016 · 9:18 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000940332
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| ANADIGICS, Inc. Common Stock | Mar 14, 2016 | U | 1,024,527 | $0.85 | D | 318,275 | D | |
| ANADIGICS, Inc. Common StockF1 | Mar 15, 2016 | J | 121,499 | $0.00 | D | 196,776 | D | |
| ANADIGICS, Inc. Common StockF2 | Mar 15, 2016 | M | 196,776 | $0.85 | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ANADIGICS, Inc. OptionsF3 | $0.00 | Mar 15, 2016 | J | 386,458 | D | — | — | ANADIGICS, Inc. Common Stock | 386,458 | 0 | D |
Explanation of responses
- F1Represents cancelled performance-based restricted stock units in connection with a change in control transaction.
- F2Represents cancelled and cashed out restricted stock units in connection with a change in control transaction.
- F3Represents out-of- the-money options cancelled in connection with a change in control transaction.