- Statement of Changes in Beneficial Ownership (4)
10 December 2010 - 5:11AM
Edgar (US Regulatory)
FORM 4
[
X
]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue.
See
Instruction 1(b).
|
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
|
OMB APPROVAL
OMB Number:
3235-0287
Expires:
February 28, 2011
Estimated average burden
hours per response...
0.5
|
|
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public
Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940
|
|
1. Name and Address of Reporting Person
*
Jurasek Christopher
|
2. Issuer Name
and
Ticker or Trading Symbol
ADC TELECOMMUNICATIONS INC
[
ADCT
]
|
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director
_____ 10% Owner
__
X
__ Officer (give title below)
_____ Other (specify below)
VP, President APS, CIO
|
(Last)
(First)
(Middle)
13625 TECHNOLOGY DRIVE
|
3. Date of Earliest Transaction
(MM/DD/YYYY)
12/8/2010
|
(Street)
EDEN PRAIRIE, MN 55344
(City)
(State)
(Zip)
|
4. If Amendment, Date Original Filed
(MM/DD/YYYY)
|
6. Individual or Joint/Group Filing
(Check Applicable Line)
_
X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
|
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
|
1.Title of Security
(Instr. 3)
|
2. Trans. Date
|
2A. Deemed Execution Date, if any
|
3. Trans. Code
(Instr. 8)
|
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
|
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
|
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
|
7. Nature of Indirect Beneficial Ownership (Instr. 4)
|
Code
|
V
|
Amount
|
(A) or (D)
|
Price
|
Common Stock
|
12/8/2010
|
|
D
|
|
18204
|
D
|
$12.75
(1)
|
0
|
D
|
|
Table II - Derivative Securities Beneficially Owned (
e.g.
, puts, calls, warrants, options, convertible securities)
|
1. Title of Derivate Security
(Instr. 3)
|
2. Conversion or Exercise Price of Derivative Security
|
3. Trans. Date
|
3A. Deemed Execution Date, if any
|
4. Trans. Code
(Instr. 8)
|
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
|
6. Date Exercisable and Expiration Date
|
7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
|
8. Price of Derivative Security
(Instr. 5)
|
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)
|
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)
|
11. Nature of Indirect Beneficial Ownership (Instr. 4)
|
Code
|
V
|
(A)
|
(D)
|
Date Exercisable
|
Expiration Date
|
Title
|
Amount or Number of Shares
|
Stock Option (Right to Buy)
|
$18.33
|
12/8/2010
|
|
D
|
|
|
29500
(2)
|
(2)
|
6/29/2014
|
Common Stock
|
29500
|
(2)
|
0
|
D
|
|
Stock Option (Right to Buy)
|
$17.76
|
12/8/2010
|
|
D
|
|
|
24000
(2)
|
(2)
|
12/17/2014
|
Common Stock
|
24000
|
(2)
|
0
|
D
|
|
Stock Option (Right to Buy)
|
$4.85
|
12/8/2010
|
|
D
|
|
|
60000
(2)
|
(2)
|
12/15/2015
|
Common Stock
|
60000
|
(2)
|
0
|
D
|
|
Stock Option (Right to Buy)
|
$5.07
|
12/8/2010
|
|
D
|
|
|
40000
(2)
|
(2)
|
1/30/2016
|
Common Stock
|
40000
|
(2)
|
0
|
D
|
|
Stock Option (Right to Buy)
|
$6.00
|
12/8/2010
|
|
D
|
|
|
35136
(2)
|
(2)
|
11/23/2016
|
Common Stock
|
35136
|
(2)
|
0
|
D
|
|
Stock Option (Right to Buy)
|
$6.00
|
12/8/2010
|
|
D
|
|
|
32864
(2)
|
(2)
|
11/23/2016
|
Common Stock
|
32864
|
(2)
|
0
|
D
|
|
Restricted Stock Units
|
(3)
|
12/8/2010
|
|
D
|
|
|
11585
(4)
|
(4)
|
1/2/2013
|
Common Stock
|
31666
|
$12.75
(4)
|
0
|
D
|
|
Explanation of Responses:
|
(
1)
|
In connection with the acquisition of the Company by a wholly owned subsidiary of Tyco Electronics Ltd. ("TE") on December 8, 2010 (the "Acquisition") pursuant to an agreement and plan of merger dated July 12, 2010, as amended July 24, 2010 (the "Merger Agreement"), these shares of Company common stock were canceled and automatically converted into the right to receive $12.75 per share in cash, without interest and less any applicable withholding taxes.
|
(
2)
|
In connection with the Acquisition, this option vested in accordance with the terms of its applicable option award agreement, was assumed by TE and replaced with an option to purchase a number of shares of TE common stock equal to the number of shares of Company common stock based on a formula set forth in the Merger Agreement.
|
(
3)
|
Settled one-for-one in shares of Company common stock.
|
(
4)
|
In connection with the Acquisition, these restricted stock units were canceled in exchange for the right to receive an amount equal to the total number of shares of common stock represented by such restricted stock units at target multiplied by $12.75 per share, less any applicable withholding taxes.
|
Reporting Owners
|
Reporting Owner Name / Address
|
Relationships
|
Director
|
10% Owner
|
Officer
|
Other
|
Jurasek Christopher
13625 TECHNOLOGY DRIVE
EDEN PRAIRIE, MN 55344
|
|
|
VP, President APS, CIO
|
|
Signatures
|
/s/ Christopher Jurasek
|
|
12/8/2010
|
**
Signature of Reporting Person
|
Date
|
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
|
*
|
If the form is filed by more than one reporting person,
see
Instruction 4(b)(v).
|
**
|
Intentional misstatements or omissions of facts constitute Federal Criminal Violations.
See
18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
|
Note:
|
File three copies of this Form, one of which must be manually signed. If space is insufficient,
see
Instruction 6 for procedure.
|
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
|
Adc Telecommunications New (MM) (NASDAQ:ADCT)
Historical Stock Chart
From Jan 2025 to Feb 2025
Adc Telecommunications New (MM) (NASDAQ:ADCT)
Historical Stock Chart
From Feb 2024 to Feb 2025
Real-Time news about Adc Telecommunications New (MM) (NASDAQ): 0 recent articles
More News Articles