Filing Details
- Accession Number:
- 0001209191-11-035131
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2011-06-17 09:29:34
- Reporting Period:
- 2011-06-16
- Filing Date:
- 2011-06-17
- Accepted Time:
- 2011-06-17 09:29:34
- 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 |
|---|---|---|---|---|---|---|---|
| 1232026 | K Randall Gausman | C/O Rae Systems Inc. 3775 North First Street San Jose CA 95134 | Vp & Chief Financial Officer | No | Yes | No | 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 | 5,000 | $2.25 | 0 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Direct |
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 | $0.00 | 200,000 | $3.86 |
| Common Stock | Nonqualified Stock Option | Disposition | 2011-06-16 | 100,000 | $0.00 | 100,000 | $2.89 |
| Common Stock | Nonqualified Stock Option | Disposition | 2011-06-16 | 150,000 | $0.85 | 150,000 | $1.40 |
| Common Stock | Nonqualified Stock Option | Disposition | 2011-06-16 | 150,000 | $1.27 | 150,000 | $0.98 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2007-10-30 | 2011-06-16 | No | 4 | J | Direct |
| 0 | 2008-04-19 | 2011-06-16 | No | 4 | J | Direct |
| 0 | 2009-05-08 | 2011-06-16 | No | 4 | S | Direct |
| 0 | 2010-05-01 | 2011-06-16 | No | 4 | S | Direct |
Footnotes
- $2.25 is the consideration for the merger with an affiliate of Vector Capital.
- Cancellation of out-of-the-money stock option upon closing of the merger.
- 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.
Billionaire Hedge Funds
