MICHAEL JAY SINDER - 15 Dec 2023 Form 4 Insider Report for PC TEL INC

Role
Director
Signature
/s/ Kevin J. McGowan, Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
15 Dec 2023
Net transactions value
-$834,848
Form type
4
Filing time
19 Dec 2023, 21:32:27 UTC
Previous filing
26 Jun 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PCTI Common Stock Disposed to Issuer $834,848 -119,264 -100% $7.00 0 15 Dec 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

MICHAEL JAY SINDER is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Upon the consummation of the merger (the "Merger") pursuant to that certain Agreement and Plan of Merger (the "Merger Agreement") by and among PCTEL, Inc. (the "Company"), Amphenol Corporation, a Delaware corporation ("Parent") and Hilltop Merger Sub, Inc., a Delaware corporation and wholly owned subsidiary of Parent ("Merger Sub"), 119,264 shares of common stock of the Company ("Common Stock") were converted into the right to receive a cash payment of $7.00 (the "Merger Consideration") per share of Common Stock, for an aggregate of $834,848, representing the product obtained by multiplying (x) the number of shares of Common Stock owned by the reporting person, by (y) the Merger Consideration.