Footnotes
ID | footnote |
f1 |
these shares were disposed of pursuant to the agreement and plan of merger by and among ii-vi incorporated ("ii-vi"), mutation merger sub inc., and finisar corporation, dated as of november 8, 2018 (the "merger agreement"), whereby 49,181 of such shares were automatically cancelled and converted into the right to receive, for each such share, 0.2218 shares of ii-vi common stock and $15.60 in cash. |
f2 |
the remaining 87,112 of such shares consisted of unvested restricted stock units ("rsus") granted by the issuer (each of which represented the right to receive a share of the issuer's common stock upon vesting of the unit) that, in connection with the termination of the reporting person's employment with the issuer upon the closing of the merger, were accelerated and converted into the right (subject, however, to the reporting person's delivery and non-revocation of a general release of claims) to receive 0.2218 shares of ii-vi common stock and $15.60 in cash for each rsu. the closing price of ii-vi's common stock on september 23, 2019 was $36.975 per share. |
f3 |
each performance stock unit ("psu") represented the right to receive, upon satisfaction of the performance goals applicable to the unit, one share of the issuer's common stock. pursuant to the merger agreement, each of these psus was automatically cancelled and converted into the right to receive 0.2218 shares of ii-vi common stock and $15.60 in cash. |