-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, MmBmtyGrMjalxXAclJrh8BI9SwdQh04OhoIcpA87LZ4gveAIA1yU9jU+LQtOpMh+ 4qN+6+yKiAgI6NGsa489wg== 0001179110-08-010572.txt : 20080523 0001179110-08-010572.hdr.sgml : 20080523 20080523162638 ACCESSION NUMBER: 0001179110-08-010572 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20080522 FILED AS OF DATE: 20080523 DATE AS OF CHANGE: 20080523 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: WJ COMMUNICATIONS INC CENTRAL INDEX KEY: 0000105006 STANDARD INDUSTRIAL CLASSIFICATION: SPECIAL INDUSTRY MACHINERY, NEC [3559] IRS NUMBER: 941402710 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 401 RIVER OAKS PARKWAY CITY: SAN JOSE STATE: CA ZIP: 95134 BUSINESS PHONE: 408-577-6200 MAIL ADDRESS: STREET 1: 401 RIVER OAKS PARKWAY CITY: SAN JOSE STATE: CA ZIP: 95134 FORMER COMPANY: FORMER CONFORMED NAME: WATKINS JOHNSON CO DATE OF NAME CHANGE: 19920703 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: GROWITZ RAINER N CENTRAL INDEX KEY: 0001234458 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-31337 FILM NUMBER: 08858527 BUSINESS ADDRESS: BUSINESS PHONE: 4085776268 MAIL ADDRESS: STREET 1: 401 RIVER OAKS PARKWAY CITY: SAN JOSE STATE: CA ZIP: 95134 4 1 edgar.xml FORM 4 - X0202 4 2008-05-22 1 0000105006 WJ COMMUNICATIONS INC WJCI 0001234458 GROWITZ RAINER N 401 RIVER OAKS PARKWAY SAN JOSE CA 95134 0 1 0 0 VP Finance Common Stock 2008-05-22 4 S 0 51076 1.00 D 0 D Restricted Stock Unit 0 2008-05-22 4 D 0 22809 D 2010-08-10 Common Stock 22809 0 D Restricted Stock Unit 0 2008-05-22 4 D 0 27840 D 2011-07-30 Common Stock 27840 0 D Restricted Stock Unit 0 2008-05-22 4 D 0 15000 D 2011-10-30 Common Stock 15000 0 D This amount represents the following for the reporting person (a) Includes 38,054 shares of common stock assigned to the Growitz Family Trust, which insider and spouse have 100% control; (b) 4,644 shares of common stock acquired under the WJ Communications 2001 Employee Stock Purchase Plan; (c) 10,851 shares of common stock issued without payment for vested restricted stock units offset by 2,473 shares to cover tax withholding obligations for the vested units. The shares were disposed of in connection with the merger of ML Acquisition, Inc. with and into WJ Communications, Inc. ("WJ"), effective May 22, 2008 (the "Merger"), pursuant to the Agreement and Plan of Merger dated March 9, 2008 among TriQuint Semiconductor, Inc., ML Acquisition, Inc. and WJ whereby the shares were exchanged for the right to receive $1.00 per share in cash. The restricted stock units were scheduled to vest on August 10, 2010 if the reporting person continued to be actively employed by the Company through that date. The reporting person had previously received on an accelerated basis a portion of such shares at the end of the fiscal 6-month period ended December 31, 2007, based on the extent to which the Company satisfied its corporate performance objectives for the 6-month fiscal period. Each restricted stock unit represents a contingent right to receive one share without payment of WJ Communications, Inc. common stock. The restricted stock units were scheduled to vest on July 30, 2011 if the reporting person continued to be actively employed by the Company through that date. The reporting person had previously received on an accelerated basis a portion of such shares at the end of the fiscal 6-month period ended Deember 31, 2007, based on the extent to which the Company satisfied its corporate performance objectives for that 6-month fiscal period. The restricted stock units were scheduled to vest on October 30, 2011 if the reporting person continued to be actively employed by the Company through that date. The reporting person had an opportunity to receive on an accelerated basis a portion of such shares at the end of each fiscal 6-month period, based on the extent to which the Company satisfied its corporate performance objectives for that 6-month period. The restricted stock units were cancelled in the Merger and converted into the right to receive an amount in cash, equal to the product of (x) the total number of vested shares subject to the restricted stock units and (y) the $1.00 per share merger consideration with the aggregate amount of such payment rounded down to the nearest cent, less required to be withheld or deducted or any provision of state, local or foreign tax law with respect to such payment. /s/ Rainer N. Growitz 2008-05-23 -----END PRIVACY-ENHANCED MESSAGE-----