Garcia Russell R. 4
4 · MICROSEMI CORP · Filed Nov 7, 2012
Insider Transaction Report
Form 4
MICROSEMI CORPMSCC
Garcia Russell R.
Executive VP Marketing & Sales
Transactions
- Award
Microsemi Common Stock
2012-11-05+17,500→ 49,167 total - Award
Performance Rights
2012-11-05+17,500→ 17,500 totalExp: 2015-09-27→ Common Stock (17,500 underlying)
Footnotes (2)
- [F1]Award of shares is scheduled to vest, subject to the reporting person's continued employment, over three years after the date of grant of the award.
- [F2]Each Performance Right represents a right to receive one share of Microsemi common stock. The target number of Performance Rights is indicated. Between 0% and 200% of the target number will be earned over a three-year performance period covering Microsemi's fiscal years 2013, 2014 and 2015, and based on revenue and adjusted earnings per share metrics, as well as total shareholder return relative to a peergroup of companies. A portion of the shares may be earned based on performance in the each year of the performance period.