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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Performance Shares | $ 0 (1) | 01/17/2014 | A | 717,866 | 01/01/2015(2) | 12/31/2018 | Common Stock | 717,866 | $ 0 (3) | 717,866 | D | ||||
RSU Award | $ 0 (1) | 01/17/2014 | A | 239,288 | 07/17/2014(4) | 01/17/2017 | Common Stock | 239,288 | $ 0 (3) | 239,288 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Kheradpir Shaygan 1194 NORTH MATHILDA AVENUE SUNNYVALE, CA 94089 |
X | Chief Executive Officer |
By: Mitchell L. Gaynor, Attorney in Fact For: Shaygan Kheradpir | 01/22/2014 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | This is a full value award. |
(2) | The number of shares represents the maximum quantity of shares issuable pursuant to this performance share award. The exact number of shares issuable will be based upon achievement of specific stock prices during a 4 year period commencing on January 1,2015 measured over a period of 60 consecutive trading days, of the Issuer. |
(3) | Column 8 is not an applicable reportable field. |
(4) | Vests as to forty percent on the 6th month anniversary of the grant date, forty percent on the 18th month anniversary of the grant date, fifteen percent on the 30 month anniversary and five percent on the 36th month anniversary. |