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ADCT Adc Telecommunications New (MM)

12.74
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Adc Telecommunications New (MM) NASDAQ:ADCT NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 12.74 0 01:00:00

- Statement of Changes in Beneficial Ownership (4)

09/12/2010 6:10pm

Edgar (US Regulatory)


FORM 4
[ X ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Expires: February 28, 2011
Estimated average burden
hours per response...
0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public
Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

BOYLE JOHN J III
2. Issuer Name and Ticker or Trading Symbol

ADC TELECOMMUNICATIONS INC [ ADCT ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      _____ 10% Owner
_____ Officer (give title below)      _____ Other (specify below)
(Last)          (First)          (Middle)

13625 TECHNOLOGY DRIVE
3. Date of Earliest Transaction (MM/DD/YYYY)

12/8/2010
(Street)

EDEN PRAIRIE, MN 55344
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock   12/8/2010     D    12473   D $12.75   (1) 0   D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Director Option (Right to Buy)   $77.875   12/8/2010     D         771   (2)     (2) 2/28/2011   Common Stock   771     (2) 0   D    
Director Option (Right to Buy)   $25.34   12/8/2010     D         1607   (2)     (2) 2/20/2012   Common Stock   1607     (2) 0   D    
Director Option (Right to Buy)   $15.68   12/8/2010     D         1607   (2)     (2) 3/5/2013   Common Stock   1607     (2) 0   D    
Director Option (Right to Buy)   $20.44   12/8/2010     D         1607   (2)     (2) 3/3/2014   Common Stock   1607     (2) 0   D    
Director Option (Right to Buy)   $16.17   12/8/2010     D         1845   (2)     (2) 3/2/2015   Common Stock   1845     (2) 0   D    
Director Option (Right to Buy)   $24.18   12/8/2010     D         1247   (2)     (2) 3/8/2016   Common Stock   1247     (2) 0   D    
Director Option (Right to Buy)   $16.29   12/8/2010     D         1851   (2)     (2) 3/7/2014   Common Stock   1851     (2) 0   D    
Restricted Stock Units     (3) 12/8/2010     D         31615      (4)   (4) Common Stock   31615   $12.75   (4) 0   D    
Restricted Stock Units (2-10)     (3) 12/8/2010     D         10687      (4)   (4) Common Stock   10687   $12.75   (4) 0   D    

Explanation of Responses:
( 1)  In connection with the acquisition of the Company by a wholly owned subsidiary of Tyco Electronics Ltd. ("TE") on December 8, 2010 (the "Acquisition") pursuant to an agreement and plan of merger dated July 12, 2010, as amended July 24, 2010 (the "Merger Agreement"), these shares of Company common stock were canceled and automatically converted into the right to receive $12.75 per share in cash, without interest and less any applicable withholding taxes.
( 2)  In connection with the Acquisition, this option vested in accordance with the terms of its applicable option award agreement, was assumed by TE and replaced with an option to purchase a number of shares of TE common stock equal to the number of shares of Company common stock based on a formula set forth in the Merger Agreement.
( 3)  Settled one-for-one in shares of Company common stock.
( 4)  In connection with the Acquisition, these restricted stock units were canceled in exchange for the right to receive an amount equal to the total number of shares of common stock represented by such restricted stock units at target multiplied by $12.75 per share, less any applicable withholding taxes.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
BOYLE JOHN J III
13625 TECHNOLOGY DRIVE
EDEN PRAIRIE, MN 55344
X



Signatures
/s/ James G. Mathews, Attorney-in-Fact 12/8/2010
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

1 Year Adc Telecommunications New (MM) Chart

1 Year Adc Telecommunications New (MM) Chart

1 Month Adc Telecommunications New (MM) Chart

1 Month Adc Telecommunications New (MM) Chart

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