0001104659-15-031836.txt : 20150429
0001104659-15-031836.hdr.sgml : 20150429
20150429212558
ACCESSION NUMBER: 0001104659-15-031836
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20150427
FILED AS OF DATE: 20150429
DATE AS OF CHANGE: 20150429
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: VITESSE SEMICONDUCTOR CORP
CENTRAL INDEX KEY: 0000880446
STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674]
IRS NUMBER: 770138960
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0930
BUSINESS ADDRESS:
STREET 1: 4721 CALLE CARGA
CITY: CAMARILLO
STATE: CA
ZIP: 93012
BUSINESS PHONE: 8053883700
MAIL ADDRESS:
STREET 1: 4721 CALLE CARGA
CITY: CAMARILLO
STATE: CA
ZIP: 93012
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: ROGAS EDWARD JR
CENTRAL INDEX KEY: 0001239379
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-31614
FILM NUMBER: 15814862
MAIL ADDRESS:
STREET 1: C/O VITESSE SEMICONDUCTOR CORPORATION
STREET 2: 4721 CALLE CARGA
CITY: CAMARILLO
STATE: CA
ZIP: 93012
4
1
a4.xml
4
X0306
4
2015-04-27
1
0000880446
VITESSE SEMICONDUCTOR CORP
VTSS
0001239379
ROGAS EDWARD JR
C/O VITESSE SEMICONDUCTOR CORPORATION
4721 CALLE CARGA
CAMARILLO
CA
93012
1
0
0
0
Common Stock
2015-04-27
4
U
0
102356
5.28
D
0
D
Stock Option (Right to Buy)
54.80
2015-04-28
4
D
0
2000
D
2016-01-24
Common Stock
2000
0
D
Stock Option (Right to Buy)
7.20
2015-04-28
4
D
0
2000
D
2019-01-01
Common Stock
2000
0
D
Stock Option (Right to Buy)
5.00
2015-04-28
4
D
0
2000
D
2020-01-01
Common Stock
2000
0
D
Restricted Stock Unit
2015-04-28
4
D
0
16500
5.28
D
Common Stock
16500
0
D
Pursuant to the Agreement and Plan of Merger, dated March 17, 2015, by and among Vitesse Semiconductor Corporation, Microsemi Corporation and LLIU100 Acquisition Corp. (the "Merger Agreement"), these stock options were cancelled in the merger.
Pursuant to the Merger Agreement, these options, which provided for vesting in full on January 2, 2011, were cancelled in the merger in exchange for a cash amount equal to the number of shares underlying this option multiplied by the difference between the per share consideration of $5.28 and the per share exercise price of this option.
Each restricted stock unit represents a contingent right to receive one share of Vitesse Semiconductor Corporation common stock.
In connection with the Merger Agreement, the Compensation Committee of the Company's Board of Directors accelerated the vesting of these restricted stock units in full, and the restricted stock units were cancelled in the merger in exchange for a cash amount equal to the number of shares underlying the restricted stock units multiplied by the per share merger consideration of $5.28.
/s/ Martin S. McDermut, Attorney-in-Fact
2015-04-29