0001179110-16-032393.txt : 20161205 0001179110-16-032393.hdr.sgml : 20161205 20161205172624 ACCESSION NUMBER: 0001179110-16-032393 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20161201 FILED AS OF DATE: 20161205 DATE AS OF CHANGE: 20161205 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: DTS, INC. CENTRAL INDEX KEY: 0001226308 STANDARD INDUSTRIAL CLASSIFICATION: PATENT OWNERS & LESSORS [6794] IRS NUMBER: 770467655 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 5220 LAS VIRGENES ROAD CITY: CALABASAS STATE: CA ZIP: 91302 BUSINESS PHONE: 818 436-1000 MAIL ADDRESS: STREET 1: 5220 LAS VIRGENES ROAD CITY: CALABASAS STATE: CA ZIP: 91302 FORMER COMPANY: FORMER CONFORMED NAME: DIGITAL THEATER SYSTEMS INC DATE OF NAME CHANGE: 20030407 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Molina V Sue CENTRAL INDEX KEY: 0001384879 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-50335 FILM NUMBER: 162034589 MAIL ADDRESS: STREET 1: C/O DTS, INC. STREET 2: 5220 LAS VIRGENES ROAD CITY: CALABASAS STATE: CA ZIP: 91302 4 1 edgar.xml FORM 4 - X0306 4 2016-12-01 1 0001226308 DTS, INC. DTSI 0001384879 Molina V Sue C/O DTS, INC. 5220 LAS VIRGENES ROAD CALABASAS CA 91302 1 0 0 0 Common Stock 2016-12-01 4 D 0 32630 42.50 D 0 D Stock Option (Right to Buy) 27.40 2016-12-01 4 D 0 15000 15.10 D 2018-01-07 Common Stock 15000 0 D Stock Option (Right to Buy) 24.44 2016-12-01 4 D 0 7500 18.06 D 2019-05-14 Common Stock 7500 0 D Stock Option (Right to Buy) 32.77 2016-12-01 4 D 0 6000 9.73 D 2020-06-04 Common Stock 6000 0 D Stock Option (Right to Buy) 27.87 2016-12-01 4 D 0 7590 14.63 D 2022-05-10 Common Stock 7590 0 D Stock Option (Right to Buy) 20.22 2016-12-01 4 D 0 11304 22.28 D 2023-06-06 Common Stock 11304 0 D Disposed of pursuant to the terms of the Agreement and Plan of Merger (the "Merger Agreement"), dated as of September 19, 2016, among the issuer, Tessera Technologies, Inc., Tempe Holdco Corporation, Tempe Merger Sub Corporation and Arizona Merger Sub Corporation in exchange for $42.50 per share (the "Merger Consideration") upon the closing of the merger. This option vest and becomes exercisable in equal installments over a thirty six month period, as measured from the date of grant (January 7, 2008). This option was cancelled pursuant to the terms of the Merger Agreement and, as set forth in the Merger Agreement, was exchanged for the right to receive a cash payment equal to the difference between the Merger Consideration and the option exercise price multiplied by the number of vested options. This option vests and becomes exercisable in equal monthly installments over a twelve month period, as measured from the date of grant (May 14, 2009). This option vests and becomes exercisable in equal monthly installments over a twelve month period, as measured from the date of grant (June 4, 2010). This option vests and becomes exercisable in equal monthly installments over a twelve month period, as measured from the date of grant (May 10, 2012). This option vests and becomes exercisable in equal monthly installments over a twenty four month period, as measured from the date of grant (June 6, 2013). /s/ Jon Kirchner, Attorney-in-Fact 2016-12-05