Daniel N. Laredo - 15 Dec 2023 Form 4 Insider Report for PC TEL INC

Role
Vice President
Signature
/s/ Kevin J. McGowan, Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
15 Dec 2023
Net transactions value
-$109,364
Form type
4
Filing time
19 Dec 2023, 21:39:29 UTC
Previous filing
02 Oct 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 Other $3,812 +1,078 +7.1% $3.54 16,168 15 Dec 2023 Direct F1
transaction PCTI Common Stock Disposed to Issuer $113,176 -16,168 -100% $7.00 0 15 Dec 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Daniel N. Laredo 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"), 16,168 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 $113,176, representing the product obtained by multiplying (x) the number of shares of Common Stock owned by the reporting person, by (y) the Merger Consideration.