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Filing Details

Accession Number:: 0001437749-13-012178
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2013-09-20 16:23:19
Reporting Period:: 2013-09-17

Filing Date:: 2013-09-20
Accepted Time:: 2013-09-20 15:23:19
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1386198	Memsic Inc	MEMS	Semiconductors & Related Devices (3674)	000000000

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1421509	Michael Tung	24F, No. 76, Sec 2, Dunhua S. Rd. Taipei, F5 105		Yes	No	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2013-09-17	15,000	$4.23	No	4	S	Direct
Common Stock	Disposition	2013-09-17	15,000	$4.23	No	4	S	Direct
Common Stock	Disposition	2013-09-17	1,285,551	$4.23	No	4	S	Indirect	by InvestarSemiconductorDevelopmentFund, Inc.
Common Stock	Disposition	2013-09-17	1,072,069	$4.23	No	4	S	Indirect	by InvestarSemiconductorDevelopmentFund (II) LDC

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct
No	4	S	Direct
No	4	S	Indirect	by InvestarSemiconductorDevelopmentFund, Inc.
No	4	S	Indirect	by InvestarSemiconductorDevelopmentFund (II) LDC

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Stock Option (right to buy)	Disposition	2013-09-17	12,000	$4.23	12,000	$1.75
Common Stock	Stock Option (right to buy)	Disposition	2013-09-17	12,000	$4.23	12,000	$3.35
Common Stock	Stock Option (right to buy)	Disposition	2013-09-17	12,000	$0.00	12,000	$6.40

Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
2013-03-12	2019-03-12	No	4	S	Direct
2014-05-12	2020-05-12	No	4	S	Direct
2012-03-12	2018-03-12	No	4	J	Direct

Footnotes

Pursuant to the terms of the Agreement and Plan of Merger, dated April 22, 2013, by and among MZ Investment Holdings Limited (&quot;Parent&quot;), MZ Investment Holdings Merger Sub Limited and MEMSIC, Inc. (the &quot;Merger Agreement&quot;; capitalized terms used but not defined herein have the meanings assigned to them in the Merger Agreement), at the Effective Time, each share of common stock of the Company held by the Reporting Person was cancelled and converted automatically into the right to receive $4.225 in cash.
Pursuant to the terms of the Merger Agreement, at the Effective Time, the RSUs held by the Reporting Person were converted into the right to receive an amount in cash equal to $4.225 per RSU.
Includes 1,285,551 shares held by InveStar Semiconductor Development Fund, Inc., and 1,072,069 shares held by InveStar Semiconductor Development Fund, Inc. (II)LCD, together the "InveStar Funds". InveStar Capital, Inc., a Cayman Islands limited liability company, acts as investment manager of InveStar Funds and exercisesinvestment control over the shares held by such entities. Michael Tung is the chief financial officer and managing partner of InveStar Capital, Inc. InveStar Capital, Inc.and Mr. Tung may be deemed to beneficially own the shares held by InveStar Funds and each disclaims beneficial ownership of such shares except to the extent of anypecuniary interest therein.
Pursuant to the terms of the Merger Agreement, at the Effective Time, the Company Options held by the reporting person were converted into the right to receive an amount in cash equal to the product of (i) the excess, if any, of $4.225 per Common Share over the exercise price per Common Share of such Company Option multiplied by (ii) the total number of Common Shares subject to such Company Options (without regard to vesting).
Pursuant to the terms of the Merger Agreement, at the Effective Time, out of money stock options were canceled.