Key facts
- This page summarizes Michael Julian Humphreys's Form 4 filing for Transphorm, Inc..
- 2 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 20 Jun 2024, 16:05.
Michael Julian Humphreys - 20 Jun 2024 Form 4 Insider Report for Transphorm, Inc.
- Reporting relationship
- Director
- Issuer ticker
- N/A
- Reported as of
- 20 Jun 2024
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 20 Jun 2024, 16:05:15 UTC
- Prior SEC filing
- 23 Apr 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Cameron McAulay, Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Michael Julian Humphreys filed Form 4 for Transphorm, Inc. on 20 Jun 2024.
Change
- Previous filing in this sequence was filed on 23 Apr 2024.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
TGAN
transaction
Common Stock
Disposed to Issuer
- Transaction value
- Shares
- -91,037
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 20 Jun 2024
- Ownership
- Direct
- Footnotes
- F1, F2, F3
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
TGAN
transaction
Derivative
Stock Option (right to buy)
Disposed to Issuer
- Transaction value
- $0
- Shares
- -55,000
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 20 Jun 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 55,000
- Exercise price
- $6.50
- Footnotes
- F1, F4
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Michael Julian Humphreys is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 4 footnotes
Footnote F1
Pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated January 10, 2024, by and among Transphorm, Inc. (the "Issuer"), Renesas Electronics America Inc. ("Parent"), Travis Merger Sub, Inc., a wholly owned subsidiary of Parent ("Merger Sub"), and Renesas Electronics Corporation, Merger Sub merged with and into the Issuer (the "Merger"), with Issuer surviving the Merger and becoming a wholly owned subsidiary of Parent.
Footnote F2
At the effective time of the Merger, outstanding shares were automatically converted solely into the right to receive an amount in cash, without interest, equal to $5.10 per share (the "Per Share Price"), subject to the terms and conditions of the Merger Agreement.
Footnote F3
Certain of these securities are represented by Restricted Stock Units ("RSUs"). Vested RSUs (taking into account any applicable vesting acceleration in connection with the Merger) were cancelled and converted into the right to receive an amount in cash equal to, for each share of Common Stock subject to such vested RSUs, the Per Share Price.
Footnote F4
At the effective time of the Merger, this stock option had an exercise price per share that was greater than the Per Share Price and, pursuant to the terms of the Merger Agreement, was cancelled for no consideration or payment.