Jeffrey A. Bertelsen - Nov 3, 2022 Form 4 Insider Report for CYBEROPTICS CORP (CYBE)

Role
CFO and COO
Signature
/s/Jeffrey A. Bertelsen
Stock symbol
CYBE
Transactions as of
Nov 3, 2022
Transactions value $
-$6,710,904
Form type
4
Date filed
11/4/2022, 11:12 AM
Previous filing
Dec 6, 2021
Next filing
Feb 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CYBE Common Stock Disposed to Issuer -$1.59M -29.4K -100% $54.00 0 Nov 3, 2022 Direct F1
transaction CYBE Common Stock Disposed to Issuer -$5.12M -94.8K -100% $54.00 0 Nov 3, 2022 By Trust F1, F2

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 -26K -100% $0.00* 0 Nov 3, 2022 Common Stock 26K $7.18 Direct F3
transaction CYBE Employee Stock Option Disposed to Issuer $0 -5.5K -100% $0.00* 0 Nov 3, 2022 Common Stock 5.5K $26.40 Direct F3
transaction CYBE Employee Stock Option Disposed to Issuer $0 -9.2K -100% $0.00* 0 Nov 3, 2022 Common Stock 9.2K $15.40 Direct F3
transaction CYBE Employee Stock Option Disposed to Issuer $0 -7.4K -100% $0.00* 0 Nov 3, 2022 Common Stock 7.4K $19.46 Direct F3
transaction CYBE Employee Stock Option Disposed to Issuer $0 -10K -100% $0.00* 0 Nov 3, 2022 Common Stock 10K $16.23 Direct F3
transaction CYBE Employee Stock Option Disposed to Issuer $0 -6K -100% $0.00* 0 Nov 3, 2022 Common Stock 6K $28.32 Direct F3
transaction CYBE Employee Stock Option Disposed to Issuer $0 -3.9K -100% $0.00* 0 Nov 3, 2022 Common Stock 3.9K $42.90 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Jeffrey A. Bertelsen 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 Shares are held in a revocable trust of which the reporting person and his spouse are trustees.
F3 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.