-----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, N6i3wnaz7ncsBXXtYGhmOtH+RhGsB8Z/4z3lc+IuxStl5u9PejK6HNxYJYt+JacF Jfx6zZxFfYM4BKyIR2svzg== 0001179110-06-024270.txt : 20061226 0001179110-06-024270.hdr.sgml : 20061225 20061226153125 ACCESSION NUMBER: 0001179110-06-024270 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20061221 FILED AS OF DATE: 20061226 DATE AS OF CHANGE: 20061226 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: METROLOGIC INSTRUMENTS INC CENTRAL INDEX KEY: 0000815910 STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER PERIPHERAL EQUIPMENT, NEC [3577] IRS NUMBER: 221866172 STATE OF INCORPORATION: NJ FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: COLES ROAD AT RTE 42 CITY: BLACKWOOD STATE: NJ ZIP: 08012 BUSINESS PHONE: 609-228-8100 MAIL ADDRESS: STREET 1: COLES ROAD ROUTE 42 CITY: BLACKWOOD STATE: NJ ZIP: 08012 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: MILLER WILLIAM RULON CENTRAL INDEX KEY: 0001081000 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-24712 FILM NUMBER: 061298932 BUSINESS ADDRESS: STREET 1: 90 COLES ROAD CITY: BLACKWOOD STATE: NJ ZIP: 08012 BUSINESS PHONE: 6092288100 MAIL ADDRESS: STREET 1: 90 COLES RD CITY: BLACKWOOD STATE: NJ ZIP: 08012 4 1 edgar.xml FORM 4 - X0202 4 2006-12-21 1 0000815910 METROLOGIC INSTRUMENTS INC MTLG 0001081000 MILLER WILLIAM RULON 90 COLES ROAD BLACKWOOD NJ 08012 1 0 0 0 Common Stock 2006-12-21 4 D 0 8100 18.5 D 0 D Non-Qualified Stock Option 4.86 2006-12-21 4 D 0 750 13.64 D 2002-02-19 2008-02-19 Common Stock 750 0 D Non-Qualified Stock Option 1.48 2006-12-21 4 D 0 8000 17.02 D 2006-09-09 2012-09-09 Common Stock 8000 0 D Non-Qualified Stock Option 20.30 2006-12-21 4 D 0 7500 0 D 2006-12-21 2014-12-02 Common Stock 7500 0 D Non-Qualified Stock Option 20.16 2006-12-21 4 D 0 17700 0 D 2006-12-21 2016-02-22 Common Stock 17700 0 D In connection with the merger of Meteor Merger Corp. with and into the Issuer, shares of the Issuer's common stock were converted into the right to receive $18.50 per share in cash, without interest. These options were tendered by the Reporting Person to the Issuer in connection with the Offer to Purchase from Eligible Employees All Outstanding Eligible Options to Purchase Common Stock for Cash (such Offer, an exhibit to the Schedule TO initially filed by the Issuer with the Commission on 11/21/06), which Offer expired on 12/21/06. All tendered options were cancelled and the Issuer paid to the Reporting Person with respect to all of the options tendered a cash amount equal to the following, less any applicable tax withholdings: the aggregate spread value of all such options tendered by such holder, with the spread value for such option being equal to the product of (x) the excess, if any, of U.S.$18.50 per share over the per share exercise price of such option multiplied by (y) the number of shares of the Issuer's common stock issuable upon the exercise of such option. Prior to 12/21/06, such option became vested and exercisable with respect to 1/4 of the shares underlying such option on 12/2/05 and would become vested and exercisable with respect to the remaining shares underlying such option in equal installments on each one-year anniversary of 12/2/05 until 12/2/08, at which time such option would be fully vested and exercisable. Immediately prior to the effective time of the merger of Meteor Merger Corp. with and into the Issuer, the options became fully vested and were cancelled. In exchange for cancellation of the options, the Issuer paid to the Reporting Person either (i) $1 for each grant of options, if the exercise price of the options was equal to or greater than the merger consideration of $18.50 or (ii) an amount equal to the excess of the merger consideration ($18.50) over the exercise price multiplied by the number of shares of common stock subject to the option, less any required wihholding, if the exercise price of the option was less than the merger consideration of $18.50. Prior to 12/21/06, such option became vested and exercisable with respect to 1/5 of the shares underlying such option on 2/22/06 and would become vested and exercisable with respect to the remaining shares underlying such option in equal installments on each one-year anniversary of 2/22/06 until 2/22/10, at which time such option would be fully vested and exercisable. /s/William Rulon-Miller 2006-12-23 -----END PRIVACY-ENHANCED MESSAGE-----