0001437749-21-027726.txt : 20211202
0001437749-21-027726.hdr.sgml : 20211202
20211202181755
ACCESSION NUMBER: 0001437749-21-027726
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20211202
FILED AS OF DATE: 20211202
DATE AS OF CHANGE: 20211202
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Paul Cynthia
CENTRAL INDEX KEY: 0001736572
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35256
FILM NUMBER: 211468072
MAIL ADDRESS:
STREET 1: C/O DSP GROUP, INC.
STREET 2: 5 SHENKAR STREET
CITY: HERZELIA
STATE: L3
ZIP: 4672505
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: DSP GROUP INC /DE/
CENTRAL INDEX KEY: 0000915778
STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674]
IRS NUMBER: 942683643
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 2055 GATEWAY PLACE, SUITE 480
CITY: SAN JOSE
STATE: X1
ZIP: 95110
BUSINESS PHONE: 972-9-952-9696
MAIL ADDRESS:
STREET 1: 2055 GATEWAY PLACE, SUITE 480
CITY: SAN JOSE
STATE: X1
ZIP: 95110
4
1
rdgdoc.xml
FORM 4
X0306
4
2021-12-02
1
0000915778
DSP GROUP INC /DE/
DSPG
0001736572
Paul Cynthia
2055 GATEWAY PLACE, SUITE 480
SAN JOSE
CA
95110
1
Common Stock
2021-12-02
4
D
0
6064
22
D
0
D
Common Stock
2021-12-02
4
D
0
18420
22
D
0
D
Common Stock
2021-12-02
4
D
0
435853
22
D
0
I
By
Lynrock
Lake LP
Common Stock
2021-12-02
4
D
0
105871
22
D
0
I
By
Lynrock
Lake
Master
Fund LP
Stock Option (Right to Buy)
11.75
2021-12-02
4
D
0
6000
0
D
2028-04-04
Common Stock
6000
0
D
The amount reported represents the number of shares of Issuer common stock subject to the Issuer RSU awards held by Ms. Paul, each of which will be accelerated, fully vested and canceled as of immediately prior to the Effective Time of the merger in exchange for an amount in cash equal to the product obtained by multiplying (1) the aggregate number of shares of Issuer common stock subject to the Issuer RSU award by (2) the merger consideration of $22.00 per share.
Represents 18,420 shares outstanding.
Represents an aggregate of 541,724 shares outstanding held indirectly through partnerships.
The reporting person is a general partner of the partnership that owns the reported securities. The reporting person disclaims beneficial ownership of the reported securities except to the extent of her pecuniary interest therein.
Options vest in full and become exercisable as to 100% of the shares subject to the option award on the first anniversary of the date of grant. This option is being canceled as of immediately prior to the Effective Time of the Merger in exchange for an amount in cash equal to the product obtained by multiplying (1) the aggregate number of shares of Issuer common stock subject to the option award by (2) the difference between the exercise price of the option and the merger consideration of $22.00 per share.
This Form 4 reports securities disposed of under the terms of the Agreement and Plan of Merger (the "Merger Agreement"), dated August 30, 2021, by and among DSP Group, Inc., a Delaware corporation (the "Issuer"), Synaptics Incorporated, a Delaware corporation ("Parent"), and Osprey Merger Sub, Inc., a Delaware corporation and a wholly-owned subsidiary of Parent ("Merger Sub"). Pursuant to the Merger Agreement, at the Effective Time (as defined in the Merger Agreement), the Merger Sub will be merged with and into the Issuer, with the Issuer surviving as a wholly-owned subsidiary of the Parent (the "Merger"). A copy of the Merger Agreement is included as Exhibit 2.1 to the Issuer's Form 8-K filed with the SEC on August 30, 2021.
/s/ Cynthia Paul
2021-12-02