Home/Filings/4/0000855906-10-000003
4//SEC Filing

BEST DEREK J 4

Accession 0000855906-10-000003

CIK 0000855906other

Filed

Apr 8, 8:00 PM ET

Accepted

Apr 9, 8:14 PM ET

Size

69.9 KB

Accession

0000855906-10-000003

Insider Transaction Report

Form 4
Period: 2010-04-07
BEST DEREK J
Senior VP of Sales and Mktg.
Transactions
  • Disposition to Issuer

    Option (right to buy)

    2010-04-088,4770 total
    Exercise: $8.60Exp: 2010-04-08Common Stock (8,477 underlying)
  • Award

    Option (right to buy)

    2010-04-07+7,9887,988 total
    Exercise: $10.80From: 2010-04-07Exp: 2014-10-18Common Stock (7,988 underlying)
  • Disposition to Issuer

    Option (right to buy)

    2010-04-0830,9910 total
    Exercise: $7.39Exp: 2010-04-08Common Stock (30,991 underlying)
  • Disposition to Issuer

    Option (right to buy)

    2010-04-078,4770 total
    Exercise: $4.46From: 2010-04-07Exp: 2011-10-01Common Stock (8,477 underlying)
  • Disposition to Issuer

    Option (right to buy)

    2010-04-075,7300 total
    Exercise: $5.02From: 2010-04-07Exp: 2015-10-11Common Stock (5,730 underlying)
  • Award

    Option (right to buy)

    2010-04-07+6,7706,770 total
    Exercise: $9.16From: 2010-04-07Exp: 2015-10-11Common Stock (6,770 underlying)
  • Disposition to Issuer

    Option (right to buy)

    2010-04-087,9880 total
    Exercise: $10.80Exp: 2010-04-08Common Stock (7,988 underlying)
  • Disposition to Issuer

    Option (right to buy)

    2010-04-0739,0090 total
    Exercise: $3.25Exp: 2018-06-01Common Stock (39,009 underlying)
  • Disposition to Issuer

    Option (right to buy)

    2010-04-077,9550 total
    Exercise: $4.80Exp: 2016-10-16Common Stock (7,955 underlying)
  • Disposition to Issuer

    Option (right to buy)

    2010-04-086,7700 total
    Exercise: $9.16Exp: 2010-04-08Common Stock (6,770 underlying)
  • Disposition to Issuer

    Common Stock

    2010-04-083560 total
  • Disposition to Issuer

    Option (right to buy)

    2010-04-0839,0090 total
    Exercise: $7.39Exp: 2010-04-08Common Stock (39,009 underlying)
  • Award

    Option (right to buy)

    2010-04-07+8,4778,477 total
    Exercise: $8.60From: 2010-04-07Exp: 2011-10-01Common Stock (8,477 underlying)
  • Award

    Option (right to buy)

    2010-04-07+7,9557,955 total
    Exercise: $8.94Exp: 2016-10-16Common Stock (7,955 underlying)
  • Disposition to Issuer

    Option (right to buy)

    2010-04-087,9550 total
    Exercise: $8.94Exp: 2010-04-08Common Stock (7,955 underlying)
  • Award

    Option (right to buy)

    2010-04-07+12,50012,500 total
    Exercise: $9.16From: 2010-04-07Exp: 2015-10-11Common Stock (12,500 underlying)
  • Award

    Option (right to buy)

    2010-04-07+5,7305,730 total
    Exercise: $9.16From: 2010-04-07Exp: 2015-10-11Common Stock (5,730 underlying)
  • Disposition to Issuer

    Option (right to buy)

    2010-04-071,5260 total
    Exercise: $6.66From: 2010-04-07Exp: 2014-10-18Common Stock (1,526 underlying)
  • Disposition to Issuer

    Option (right to buy)

    2010-04-0712,5000 total
    Exercise: $5.02From: 2010-04-07Exp: 2015-10-11Common Stock (12,500 underlying)
  • Disposition to Issuer

    Option (right to buy)

    2010-04-0812,5000 total
    Exercise: $9.16Exp: 2010-04-08Common Stock (12,500 underlying)
  • Disposition to Issuer

    Option (right to buy)

    2010-04-085,7300 total
    Exercise: $9.16Exp: 2010-04-08Common Stock (5,730 underlying)
  • Disposition to Issuer

    Option (right to buy)

    2010-04-076,7700 total
    Exercise: $5.02From: 2010-04-07Exp: 2015-10-11Common Stock (6,770 underlying)
  • Disposition to Issuer

    Option (right to buy)

    2010-04-077,9880 total
    Exercise: $6.66From: 2010-04-07Exp: 2014-10-18Common Stock (7,988 underlying)
  • Award

    Option (right to buy)

    2010-04-07+1,5261,526 total
    Exercise: $10.80From: 2010-04-07Exp: 2014-10-18Common Stock (1,526 underlying)
  • Disposition to Issuer

    Option (right to buy)

    2010-04-0841,3700 total
    Exercise: $2.58Exp: 2010-04-08Common Stock (41,370 underlying)
  • Disposition to Issuer

    Option (right to buy)

    2010-04-0810,0790 total
    Exercise: $11.17Exp: 2010-04-08Common Stock (10,079 underlying)
  • Award

    Option (right to buy)

    2010-04-07+39,00939,009 total
    Exercise: $7.39Exp: 2018-06-01Common Stock (39,009 underlying)
  • Disposition to Issuer

    Option (right to buy)

    2010-04-0730,9910 total
    Exercise: $3.25Exp: 2018-06-01Common Stock (30,991 underlying)
  • Award

    Option (right to buy)

    2010-04-07+30,99130,991 total
    Exercise: $7.39Exp: 2018-06-01Common Stock (30,991 underlying)
  • Disposition to Issuer

    Option (right to buy)

    2010-04-081,5260 total
    Exercise: $10.80Exp: 2010-04-08Common Stock (1,526 underlying)
  • Disposition to Issuer

    Option (right to buy)

    2010-04-086,0260 total
    Exercise: $2.58Exp: 2010-04-08Common Stock (6,026 underlying)
Footnotes (4)
  • [F1]Disposed of pursuant to the that certain Agreement and Plan of Merger dated February 2, 2010, by and among the Issuer, Microchip Technology Incorporated and Sun Acquisition Corporation, as amended.
  • [F2]The reported transaction involved an amendment of an outstanding option in connection with the settlement of certain shareholder derivative actions, resulting for purposes of Section 16 in the deemed cancellation of a portion of the "old" option and the grant of a replacement option. The amendment is solely for the purpose of increasing the exercise price of the portion of the option deemed to have been cancelled and replaced.
  • [F3]The shares subject to the option vest as to 25% on June 1, 2009 and 2.083% per month thereafter for three years.
  • [F4]The shares subject to the option vest as to 8.33% on June 2, 2009 and 8.33% per month thereafter for one year.

Issuer

SILICON STORAGE TECHNOLOGY INC

CIK 0000855906

Entity typeother

Related Parties

1
  • filerCIK 0001230532

Filing Metadata

Form type
4
Filed
Apr 8, 8:00 PM ET
Accepted
Apr 9, 8:14 PM ET
Size
69.9 KB