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Ownership Document
|
| Schema Version: X0306 |
| Document Type: 4 |
| Period of Report: 9/13/13 |
| Issuer: |
| Issuer CIK: 1032067 |
| Issuer Name: MEADE INSTRUMENTS CORP |
| Issuer Trading Symbol: MEAD |
| Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1212407 |
| | Owner Name: SCHNEIDER FREDERICK H |
| Reporting Owner Address: |
| | Owner Street 1: 27 HUBBLE |
| | Owner Street 2: |
| | Owner City: IRVINE |
| | Owner State: CA |
| | Owner ZIP Code: 92618 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? Yes |
| | Is Officer? No |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| Non-Derivative Table: |
| Derivative Table: |
| Derivative Transaction: |
| | Security Title: |
| | | Value: STOCK OPTIONS (Right to purchase) |
| | Conversion or Exercise Price: |
| | | Value: 3.30 |
| | | Footnote ID: F1 |
| | Transaction Date: |
| | | Value: 9/13/13 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: J |
| | | Equity Swap Involved? No |
| | | Footnote ID: F2 |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 250 |
| | | Transaction Price Per Share: |
| Value: 1.20 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Exercise Date: |
| | | Footnote ID: F3 |
| | Expiration Date: |
| | | Value: 7/13/20 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Stock |
| | | Underlying Security Shares: |
| Value: 250 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 0 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Derivative Transaction: |
| | Security Title: |
| | | Value: STOCK OPTIONS (Right to purchase) |
| | Conversion or Exercise Price: |
| | | Value: 3.75 |
| | | Footnote ID: F1 |
| | Transaction Date: |
| | | Value: 9/13/13 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: J |
| | | Equity Swap Involved? No |
| | | Footnote ID: F2 |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 250 |
| | | Transaction Price Per Share: |
| Value: .75 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Exercise Date: |
| | | Footnote ID: F4 |
| | Expiration Date: |
| | | Value: 7/12/22 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Stock |
| | | Underlying Security Shares: |
| Value: 250 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 0 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Footnotes: |
| Footnote - F1: Effective Septemer 13, 2013, pursuant to that certain Agreement and Plan of Merger, dated as of July 16, 2013 (and amended on August 5, 2013), among the Meade Instruments Corp. (the "Issuer"), Sunny Optics, Inc. ("Sunny") and Sunny Optics Merger Sub, Inc. ("Meger Sub"), Meger Sub merged with and into the Issuer, with the Issuer continuing as the surviving corporation and as a wholly-owned subsidiary of Sunny (the "Meger"). |
| Footnote - F2: In conection with the Merger, all options to purchase shares of the Issuer's common stock with exercise prices less than $4.50 held by the reporting person were converted into the right to receive a cash payment equal to the excess of $4.50 over the per share exercise price of such options for each share of the Issuer's common stock subject to such options. |
| Footnote - F3: These options vested in substantially equal installments on each of the first three anniversaries of the option grant date, July 14, 2010. |
| Footnote - F4: These options vested in substantially equal installments on each of the first three anniversaries of the option grant date, July 12, 2012. |
| Owner Signature: |
| Signature Name: /s/Frederick H. Schneider, Jr. |
| Signature Date: 9/16/13 |
