David A. Neumann - Dec 15, 2023 Form 4 Insider Report for PC TEL INC (PCTI)

Role
Chief Executive Officer, Director
Signature
/s/ Kevin J. McGowan, Attorney-in-Fact
Stock symbol
PCTI
Transactions as of
Dec 15, 2023
Transactions value $
-$2,668,906
Form type
4
Date filed
12/19/2023, 09:37 PM
Previous filing
Oct 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PCTI Common Stock Other $4.58K +1.3K +0.34% $3.54 382K Dec 15, 2023 Direct F1
transaction PCTI Common Stock Disposed to Issuer -$2.67M -382K -100% $7.00 0 Dec 15, 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

David A. Neumann is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Shares acquired under PCTEL, Inc. 2019 Employee Stock Purchase Plan.
F2 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"), 381,927 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 $2,673,489, representing the product obtained by multiplying (x) the number of shares of Common Stock owned by the reporting person, by (y) the Merger Consideration.