MICROSEMI CORP 4
4 · MICROSEMI CORP · Filed Nov 6, 2013
Insider Transaction Report
Form 4
MICROSEMI CORPMSCC
BRANDI RALPH
Executive Vice President & COO
Transactions
- Award
Microsemi Common Stock
2013-11-04+12,500→ 77,500 total - Award
Performance Rights
2013-11-04+12,500→ 12,500 total→ Microsemi Common Stock (12,500 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 250% of the target number will be earned over a three-year performance period incorporating Microsemi's fiscal year 2014, 2015 and 2016, and based on revenue, adjusted earnings per share metrics and total shareholder return relative to a peer group of companies. A portion of the shares may be earned based on performance in each year of the performance period.