SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
SWITZ ROBERT E

(Last) (First) (Middle)
13625 TECHNOLOGY DRIVE

(Street)
EDEN PRAIRIE MN 55344

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
ADC TELECOMMUNICATIONS INC [ ADCT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
President & CEO
3. Date of Earliest Transaction (Month/Day/Year)
12/08/2010
4. If Amendment, Date of Original Filed (Month/Day/Year)
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. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction 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 12/08/2010 D 373,119 D $12.75(1) 0 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction 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 (Month/Day/Year) 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: 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) $53.76 12/08/2010 D 21,428(2) (2) 05/31/2011 Common Stock 21,428 (2) 0 D
Stock Option (right to Buy) $30.59 12/08/2010 D 3,269(2) (2) 11/01/2011 Common Stock 3,269 (2) 0 D
Stock Option (right to Buy) $30.59 12/08/2010 D 48,564(2) (2) 11/01/2011 Common Stock 48,564 (2) 0 D
Stock Option (right to Buy) $15.82 12/08/2010 D 6,321(2) (2) 11/27/2012 Common Stock 6,321 (2) 0 D
Stock Option (right to Buy) $15.82 12/08/2010 D 89,964(2) (2) 11/27/2012 Common Stock 89,964 (2) 0 D
Stock Option (right to Buy) $17.43 12/08/2010 D 171,428(2) (2) 08/29/2013 Common Stock 171,428 (2) 0 D
Stock Option (right to Buy) $18.76 12/08/2010 D 16,357(2) (2) 12/16/2014 Common Sstock 16,357 (2) 0 D
Stock Option (right to Buy) $18.76 12/08/2010 D 126,499(2) (2) 12/16/2014 Common Stock 126,499 (2) 0 D
Stock Option (right to Buy) $23.91 12/08/2010 D 4,182(2) (2) 12/15/2015 Common Stock 4,182 (2) 0 D
Stock Option (right to Buy) $23.91 12/08/2010 D 120,818(2) (2) 12/15/2015 Common Stock 120,818 (2) 0 D
Stock Option (right to Buy) $14.59 12/08/2010 D 6,854(2) (2) 12/18/2013 Common Stock 6,854 (2) 0 D
Stock Option (right to Buy) $14.59 12/08/2010 D 133,146(2) (2) 12/18/2013 Common Stock 133,146 (2) 0 D
Stock Option (right to Buy) $17.76 12/08/2010 D 5,630(2) (2) 12/17/2014 Common Stock 5,630 (2) 0 D
Stock Option (right to Buy) $17.76 12/08/2010 D 134,370(2) (2) 12/17/2014 Common Stock 134,370 (2) 0 D
Stock Option (right to Buy) $4.85 12/08/2010 D 20,621(2) (2) 12/23/2015 Common Stock 20,621 (2) 0 D
Stock Option (right to Buy) $4.85 12/08/2010 D 405,379(2) (2) 12/23/2015 Common Stock 405,379 (2) 0 D
Stock Option (right to Buy) $6 12/08/2010 D 192,977(2) (2) 11/23/2016 Common Stock 192,977 (2) 0 D
Stock Option (right to Buy) $6 12/08/2010 D 16,666(2) (2) 11/23/2016 Common Stock 16,666 (2) 0 D
Restricted Stock Units (3) 12/08/2010 D 405,356(4) (4) (4) Common Stock 405,356 $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 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.
/s/ Robert E. Switz 12/08/2010
** 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).
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