Subodh K. Kulkarni - Nov 3, 2022 Form 4 Insider Report for CYBEROPTICS CORP (CYBE)

Role
President and CEO
Signature
/s/Subodh K. Kulkarni
Stock symbol
CYBE
Transactions as of
Nov 3, 2022
Transactions value $
-$8,339,058
Form type
4
Date filed
11/4/2022, 10:53 AM
Previous filing
Aug 2, 2022
Next filing
Dec 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CYBE Common Stock Disposed to Issuer -$8.34M -154K -100% $54.00 0 Nov 3, 2022 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CYBE Employee Stock Option Disposed to Issuer $0 -55K -100% $0.00* 0 Nov 3, 2022 Common Stock 55K $7.18 Direct F2
transaction CYBE Employee Stock Option Disposed to Issuer $0 -12K -100% $0.00* 0 Nov 3, 2022 Common Stock 12K $26.40 Direct F2
transaction CYBE Employee Stock Option Disposed to Issuer $0 -20K -100% $0.00* 0 Nov 3, 2022 Common Stock 20K $15.40 Direct F2
transaction CYBE Employee Stock Option Disposed to Issuer $0 -17.5K -100% $0.00* 0 Nov 3, 2022 Common Stock 17.5K $19.46 Direct F2
transaction CYBE Employee Stock Option Disposed to Issuer $0 -22K -100% $0.00* 0 Nov 3, 2022 Common Stock 22K $16.23 Direct F2
transaction CYBE Employee Stock Option Disposed to Issuer $0 -13.4K -100% $0.00* 0 Nov 3, 2022 Common Stock 13.4K $28.32 Direct F2
transaction CYBE Employee Stock Option Disposed to Issuer $0 -9.2K -100% $0.00* 0 Nov 3, 2022 Common Stock 9.2K $42.90 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Subodh K. Kulkarni is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Disposed of pursuant to the merger agreement between the issuer and Nordson Corporation for $54.00 per share in cash on the effective date of the merger.
F2 The option was cancelled pursuant to the merger agreement between the issuer and Nordson Corporation for a cash payment representing the difference between the exercise price of the option and the merger consideration of $54.00 per share of CyberOptics common stock.