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
- These shares were surrendered for $2.25 per share in cash pursuant to the Merger Agreement with an affiliate of Vector Capital.
- These shares were surrendered for no consideration pursuant to the Merger Agreement.
- Vested over four years from grant date, which is one year prior to the Exercisable Date.
- Under the Merger Agreement, vesting is accelerated for all unvested shares as of the Closing Date.
- The price equals $2.25 (the merger consideration) less the exercise price.