0001181431-11-050396.txt : 20110923
0001181431-11-050396.hdr.sgml : 20110923
20110923185740
ACCESSION NUMBER: 0001181431-11-050396
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20110923
FILED AS OF DATE: 20110923
DATE AS OF CHANGE: 20110923
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Samath Jamie
CENTRAL INDEX KEY: 0001330269
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-06453
FILM NUMBER: 111106092
MAIL ADDRESS:
STREET 1: NATIONAL SEMICONDUCTOR
STREET 2: 2900 SEMICONDUCTOR DR, M/S C1-640
CITY: SANTA CLARA
STATE: CA
ZIP: 95051
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: NATIONAL SEMICONDUCTOR CORP
CENTRAL INDEX KEY: 0000070530
STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674]
IRS NUMBER: 952095071
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0531
BUSINESS ADDRESS:
STREET 1: 2900 SEMICONDUCTOR DR
STREET 2: PO BOX 58090
CITY: SANTA CLARA
STATE: CA
ZIP: 95052-8090
BUSINESS PHONE: 4087215000
MAIL ADDRESS:
STREET 1: 2900 SEMICONDUCTOR DR
CITY: SANTA CLARA
STATE: CA
ZIP: 95052-8090
4
1
rrd322506.xml
FORM 4
X0304
4
2011-09-23
1
0000070530
NATIONAL SEMICONDUCTOR CORP
NSM
0001330269
Samath Jamie
STOCK ADMINISTRATION, M/S G1-1160
2900 SEMICONDUCTOR DRIVE
SANTA CLARA
CA
95051
0
1
0
0
VP, Corporate Controller
Common Stock, par value $0.50 per share
2011-09-23
4
D
0
9627
25
D
0
D
Common Stock, par value $0.50 per share
2011-09-23
4
D
0
6430
25
D
0
I
See Footnote
Restricted Stock Units
0
2011-09-23
4
D
0
17065
D
Common Stock
17065
0
D
Stock option (right to buy)
14.99
2011-09-23
4
D
0
18000
D
Common Stock
18000
0
D
Stock option (right to buy)
8.03
2011-09-23
4
D
0
3000
D
Common Stock
3000
0
D
Stock option (right to buy)
12.89
2011-09-23
4
D
0
28000
D
Common Stock
28000
0
D
Stock option (right to buy)
17.10
2011-09-23
4
D
0
12000
D
Common Stock
12000
0
D
Stock option (right to buy)
23.01
2011-09-23
4
D
0
23000
D
Common Stock
23000
0
D
Stock option (right to buy)
6.55
2011-09-23
4
D
0
2200
D
Common Stock
2200
0
D
Stock option (right to buy)
8.38
2011-09-23
4
D
0
2200
D
Common Stock
2200
0
D
Stock option (right to buy)
6.30
2011-09-23
4
D
0
4500
D
Common Stock
4500
0
D
Stock option (right to buy)
20.68
2011-09-23
4
D
0
27800
D
Common Stock
27800
0
D
Stock option (right to buy)
11.03
2011-09-23
4
D
0
9750
D
Common Stock
9750
0
D
Stock option (right to buy)
12.25
2011-09-23
4
D
0
9750
D
Common Stock
9750
0
D
At the effective time of the merger pursuant to the Agreement and Plan of Merger, dated as of April 4, 2011 (the "Merger Agreement"), by and among National Semiconductor Corporation (the "Company"), Texas Instruments Incorporated and Orion Merger Corp., each share of the Company's common stock was converted into the right to receive $25.00 per share in cash, without interest and less any amount withheld for taxes.
Held by trust of which the reporting person is a beneficiary. The reporting person disclaims beneficial ownership of these shares except to his pecuniary interest therein.
Pursuant to the Merger Agreement, each restricted stock unit award that was granted under the Company's 2009 Incentive Award Plan and that was outstanding immediately prior to the effective time of the merger was, upon the effective time of the merger, converted into and became a restricted stock unit award for a number of shares of TI common stock equal to the product of (A) the number of shares of the Company's common stock subject to such restricted stock unit award multiplied by (B) $25.00 divided by the average closing price per share of TI common stock for the five trading days immediately prior to the merger (the "Exchange Ratio"), rounded down to the nearest whole share.
Pursuant to the Merger Agreement, each option to purchase shares of the Company's common stock that was granted under the Company's 2009 Incentive Award Plan and that was outstanding and unexercised immediately prior to the effective time of the merger was, upon the effective time of the merger, converted into and became an option to purchase a number of shares of TI common stock equal to the product of (A) the number of shares of the Company's common stock subject to such option multiplied by (B) the Exchange Ratio, rounded down to the nearest whole share.
Pursuant to the Merger Agreement, each option to purchase shares of the Company's common stock that was granted under the Company's equity plans other than the 2009 Incentive Award Plan and that was outstanding and unexercised immediately prior to the change-of-control associated with the merger, whether or not then vested and exercisable, vested and became fully exercisable and was cancelled upon such change-of-control and was converted into the right to receive cash, without interest and less any amount withheld for taxes, equal to the product of (A) the excess, if any, of $25.00 over the exercise price per share and (B) the number of shares subject to such option.
/s/ Rose Hoffman; Attorney-in-fact for Jamie Samath
2011-09-23