0001437749-21-027736.txt : 20211202
0001437749-21-027736.hdr.sgml : 20211202
20211202183403
ACCESSION NUMBER: 0001437749-21-027736
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: Elyakim Ofer
CENTRAL INDEX KEY: 0001455222
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35256
FILM NUMBER: 211468143
MAIL ADDRESS:
STREET 1: 5 SHENKAR STREET
CITY: HERZELIA
STATE: L3
ZIP: 46120
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
0001455222
Elyakim Ofer
2055 GATEWAY PLACE, SUITE 480
SAN JOSE
CA
95110
1
1
CEO
Common Stock
2021-12-02
4
D
0
95625
22
D
0
D
Common Stock
2021-12-02
4
D
0
103195
22
D
0
D
Common Stock
2021-12-02
4
D
0
115000
22
D
0
D
Common Stock
2021-12-02
4
D
0
583641
22
D
0
D
The amount reported represents the number of shares of Issuer common stock subject to the Issuer Restricted Stock Units ("RSU") awards held by Mr. Elyakim, each of which will be accelerated, fully vested and canceled as of immediately prior to the Effective Time of the merger upon a qualifying termination 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 103,195 shares outstanding.
Represents 115,000 accelerated performance-based restricted stock units ("PSUs").
Represents 583,641 vested RSUs.
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/ Ofer Elyakim
2021-12-02