0001209191-11-035131.txt : 20110617 0001209191-11-035131.hdr.sgml : 20110617 20110617092934 ACCESSION NUMBER: 0001209191-11-035131 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110616 FILED AS OF DATE: 20110617 DATE AS OF CHANGE: 20110617 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: RAE SYSTEMS INC CENTRAL INDEX KEY: 0001084876 STANDARD INDUSTRIAL CLASSIFICATION: MEASURING & CONTROLLING DEVICES, NEC [3829] IRS NUMBER: 770588488 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 3775 NORTH FIRST STREET CITY: SAN JOSE STATE: CA ZIP: 95134 BUSINESS PHONE: 408-952-8200 MAIL ADDRESS: STREET 1: 3775 NORTH FIRST STREET CITY: SAN JOSE STATE: CA ZIP: 95134 FORMER COMPANY: FORMER CONFORMED NAME: NETTAXI INC DATE OF NAME CHANGE: 19990422 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: GAUSMAN RANDALL K CENTRAL INDEX KEY: 0001232026 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-31783 FILM NUMBER: 11917138 MAIL ADDRESS: STREET 1: 6000 SW MEADOWS ROAD STREET 2: SUITE 200 CITY: LAKE OSWEGO STATE: OR ZIP: 97035 4 1 doc4.xml FORM 4 SUBMISSION X0303 4 2011-06-16 1 0001084876 RAE SYSTEMS INC RAE 0001232026 GAUSMAN RANDALL K C/O RAE SYSTEMS INC. 3775 NORTH FIRST STREET SAN JOSE CA 95134 0 1 0 0 VP & Chief Financial Officer Common Stock 2011-06-16 4 S 0 5000 2.25 D 0 D Nonqualified Stock Option 3.86 2011-06-16 4 J 0 200000 0.00 D 2007-10-30 2011-06-16 Common Stock 200000 0 D Nonqualified Stock Option 2.89 2011-06-16 4 J 0 100000 0.00 D 2008-04-19 2011-06-16 Common Stock 100000 0 D Nonqualified Stock Option 1.40 2011-06-16 4 S 0 150000 0.85 D 2009-05-08 2011-06-16 Common Stock 150000 0 D Nonqualified Stock Option 0.98 2011-06-16 4 S 0 150000 1.27 D 2010-05-01 2011-06-16 Common Stock 150000 0 D $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. Randall K. Gausman by Power-of-Attorney 2011-06-17