4//SEC Filing
Marazita Frank 4
Accession 0000753568-11-000027
CIK 0000753568other
Filed
Apr 3, 8:00 PM ET
Accepted
Apr 4, 7:31 PM ET
Size
12.3 KB
Accession
0000753568-11-000027
Insider Transaction Report
Form 4
EXAR CORPEXAR
Marazita Frank
Sr. VP, Operations
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2011-04-01+22,500→ 22,500 totalExercise: $5.96Exp: 2018-04-01→ Common Stock (22,500 underlying) - Award
Common Stock
2011-04-01+5,000→ 11,000 total - Tax Payment
Common Stock
2011-04-01$5.96/sh−2,071$12,343→ 8,096 total - Award
Incentive Stock Option (right to buy)
2011-04-01+7,500→ 7,500 totalExercise: $5.96Exp: 2018-04-01→ Common Stock (7,500 underlying) - Tax Payment
Common Stock
2011-04-01$5.96/sh−833$4,965→ 10,167 total
Footnotes (3)
- [F1]Restricted stock units granted pursuant to the Exar Corporation 2006 Equity Incentive Plan; units vest 100% on the date of the grant, 4/1/11.
- [F2]Transaction represents tax withholding in connection with the vesting of a portion of the restricted stock units awarded and previously reported in Table I of a Form 4 filed in connection with the grant of the award. Pursuant to terms of award, upon vesting issuer automatically reduces the number of shares payable in connection with the vesting of the award by a number of shares having a value equal to the tax withholding obligations arising from the vesting of the award. These tax withholding transactions are exempt under Rule 16b-3 of the Securities Exchange Act of 1934, as amended. The reporting person is reporting (using Code F) the shares not issued by the issuer because of the applicable tax withholding.
- [F3]Employee stock options granted pursuant to the Exar Corporation 2006 Equity Incentive Plan; the options vest 25% per year on the anniversary date of the grant, 4/1/11.
Documents
Issuer
EXAR CORP
CIK 0000753568
Entity typeother
Related Parties
1- filerCIK 0001488832
Filing Metadata
- Form type
- 4
- Filed
- Apr 3, 8:00 PM ET
- Accepted
- Apr 4, 7:31 PM ET
- Size
- 12.3 KB