-----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, CnMsF0n1BOlWPdGCv4tjsUpKCJgJLnEszEYM/b9QSq5t2sP/i8JQOjRQrlB+HuIh hJAuSBl91Q+uH4t+IhOEig== 0001248745-07-000027.txt : 20071003 0001248745-07-000027.hdr.sgml : 20071003 20071003213144 ACCESSION NUMBER: 0001248745-07-000027 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20071001 FILED AS OF DATE: 20071003 DATE AS OF CHANGE: 20071003 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: PURVIS DAVID M CENTRAL INDEX KEY: 0001192678 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-11098 FILM NUMBER: 071155247 BUSINESS ADDRESS: BUSINESS PHONE: 3097654454 MAIL ADDRESS: STREET 1: DEER & CO STREET 2: ONE JOHN DEERE PLACE CITY: MOLINE STATE: IL ZIP: 61265 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: SOLECTRON CORP CENTRAL INDEX KEY: 0000835541 STANDARD INDUSTRIAL CLASSIFICATION: PRINTED CIRCUIT BOARDS [3672] IRS NUMBER: 942447045 STATE OF INCORPORATION: DE FISCAL YEAR END: 0825 BUSINESS ADDRESS: STREET 1: 847 GIBRALTAR DR CITY: MILPITAS STATE: CA ZIP: 95035 BUSINESS PHONE: 4089578500 MAIL ADDRESS: STREET 1: 847 GIBRALTAR DR CITY: MILPITAS STATE: CA ZIP: 95035 4 1 edgardoc.xml PRIMARY DOCUMENT X0202 4 2007-10-01 0 0000835541 SOLECTRON CORP SLR 0001192678 PURVIS DAVID M 847 GIBRALTAR DRIVE MILPITAS CA 95035 0 1 0 0 Executive Vice President Common Stock 2007-10-01 4 D 0 250000 D 934000 D Common Stock 2007-10-01 4 D 0 20000 D 914000 D Common Stock 2007-10-01 4 D 0 189000 D 725000 D Common Stock 2007-10-01 4 D 0 125000 D 600000 D Common Stock 2007-10-01 4 D 0 300000 D 300000 D Common Stock 2007-10-01 4 D 0 300000 D 0 D Non-Qualified Stock Option (right to buy) 3.49 2007-10-01 4 D 0 250000 D 2017-01-09 Common Stock 250000 0 D Non-Qualified Stock Option (right to buy) 5.09 2007-10-01 4 D 0 110000 D 2014-06-16 Common Stock 110000 0 D Non-Qualified Stock Option (right to buy) 5.81 2007-10-01 4 D 0 400000 D 2013-12-15 Common Stock 400000 0 D The shares were subject to the following vesting terms: The shares fully vests on dECEMBER 15, 2008, subject to accellerated vesting upon the attainment of certain Solectron targets. The Flextronics ordinary shares and/or cash received in the exchange for these shares in the merger will be subject to the same vesting terms. Pursuant to the Agreement and Plan of Merger, dated as of June 4, 2007, (the "Merger Agreement"), by and among Flextronics International Ltd. ("Flextronics"), Saturn Merger Corp. and Solectron Corporation ("Solectron"), at the effective time of the merger contemplated therein, each outstanding share of Solectron's common stock was converted into the right to receive either 0.3450 of an ordinary share of Flextronics or $3.89 in cash, at each stockholder's election and subject to pro-ration as described in the Merger Agreement. Because the pro-ration calculations have not yet been completed as of the date of this filing, it is not possible to determine the exact amount of merger consideration to be received by the reporting person for each share of Solectron common stock disposed of in the merger. The shares were subject to the following vesting terms: The shares fully vests on June 16, 2009, subject to accelerated vesting upon the attainment of certain Solectron targets. The Flextronics ordinary shares and/or cash received in the exchange for these shares in the merger will be subject to the same vesting terms. The shares were subject to the following vesting terms: Commencing on the date of grant, the shares vest 25% on September 6, 2006, 25% on September 6, 2007, and 50% on September 6, 2008. The Flextronics ordinary shares and/or cash received in the exchange for these shares in the merger will be subject to the same vesting terms. The shares were subject to the following vesting terms: 1/3 of the shares will vest on each of October 15, 2007, 2008, and 2009, provided, that, the 2009 tranche is subject to acceleration on either the 2007 or 2008 vesting dates upon achievement of Solectron performance targets in either fiscal year 2007 or 2008. The Flextronics ordinary shares and/or cash received in the exchange for these shares in the merger will be subject to the same vesting terms. The shares were subject to the following vesting terms:100% of the shares will vest on October 15, 2008, subject to 100% vesting acceleration if the officer's employment is terminated by the Company without "cause" prior to October 15, 2008. The Flextronics ordinary shares and/or cash received in the exchange for these shares in the merger will be subject to the same vesting terms. This option, which was provided for vesting monthly as to 1/48th of the total shares commencing on August 26, 2006, was assumed by Flextronics in the merger and replaced with an option for a number of ordinary shares of Flextronics determined by multiplying the number of Solectron shares underlying the option by .3450, and with an exercise price divided by .3450. Immediately prior to the effective time of the merger, the options became fully vested and were cancelled to the extent unexercised. By: Todd DuChene For: David Purvis 2007-10-03 -----END PRIVACY-ENHANCED MESSAGE-----