Filing Details

Accession Number:
0001209191-11-035129
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-06-17 09:27:32
Reporting Period:
2011-06-16
Filing Date:
2011-06-17
Accepted Time:
2011-06-17 09:27:32
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1084876 Rae Systems Inc RAE Measuring & Controlling Devices, Nec (3829) 770588488
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1171523 I Robert Chen 3775 North First Street
San Jose CA 95134
Chief Executive Officer Yes Yes Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2011-06-16 2,704,765 $2.25 10,882,785 No 4 S Indirect As Trustee
Common Stock Disposition 2011-06-16 1,976,559 $0.00 10,882,785 No 4 J Indirect As Trustee
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect As Trustee
No 4 J Indirect As Trustee
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Nonqualified Stock Option Disposition 2011-06-16 200,000 $0.38 200,000 $1.87
Common Stock Nonqualified Stock Option Disposition 2011-06-16 200,000 $1.17 200,000 $1.08
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2009-04-11 2011-06-16 No 4 S Direct
0 2010-05-01 2011-06-16 No 4 S Direct
Footnotes
  1. These shares were surrendered for $2.25 per share in cash pursuant to the Merger Agreement with an affiliate of Vector Capital.
  2. These shares were surrendered for no consideration pursuant to the Merger Agreement.
  3. Vested over four years from grant date, which is one year prior to the Exercisable Date.
  4. Under the Merger Agreement, vesting is accelerated for all unvested shares as of the Closing Date.
  5. The price equals $2.25 (the merger consideration) less the exercise price.