BEST DEREK J 4

4 · SILICON STORAGE TECHNOLOGY INC · Filed Apr 9, 2010

Insider Transaction Report

Form 4

Period: 2010-04-07

SILICON STORAGE TECHNOLOGY INCSSTI

BEST DEREK J

Senior VP of Sales and Mktg.

Transactions

Disposition to Issuer
Option (right to buy)
2010-04-08−8,477→ 0 total
Exercise: $8.60Exp: 2010-04-08→ Common Stock (8,477 underlying)
Award
Option (right to buy)
2010-04-07+7,988→ 7,988 total
Exercise: $10.80From: 2010-04-07Exp: 2014-10-18→ Common Stock (7,988 underlying)
Disposition to Issuer
Option (right to buy)
2010-04-08−30,991→ 0 total
Exercise: $7.39Exp: 2010-04-08→ Common Stock (30,991 underlying)
Disposition to Issuer
Option (right to buy)
2010-04-07−8,477→ 0 total
Exercise: $4.46From: 2010-04-07Exp: 2011-10-01→ Common Stock (8,477 underlying)
Disposition to Issuer
Option (right to buy)
2010-04-07−5,730→ 0 total
Exercise: $5.02From: 2010-04-07Exp: 2015-10-11→ Common Stock (5,730 underlying)
Award
Option (right to buy)
2010-04-07+6,770→ 6,770 total
Exercise: $9.16From: 2010-04-07Exp: 2015-10-11→ Common Stock (6,770 underlying)
Disposition to Issuer
Option (right to buy)
2010-04-08−7,988→ 0 total
Exercise: $10.80Exp: 2010-04-08→ Common Stock (7,988 underlying)
Disposition to Issuer
Option (right to buy)
2010-04-07−39,009→ 0 total
Exercise: $3.25Exp: 2018-06-01→ Common Stock (39,009 underlying)
Disposition to Issuer
Option (right to buy)
2010-04-07−7,955→ 0 total
Exercise: $4.80Exp: 2016-10-16→ Common Stock (7,955 underlying)
Disposition to Issuer
Option (right to buy)
2010-04-08−6,770→ 0 total
Exercise: $9.16Exp: 2010-04-08→ Common Stock (6,770 underlying)
Disposition to Issuer
Common Stock
2010-04-08−356→ 0 total
Disposition to Issuer
Option (right to buy)
2010-04-08−39,009→ 0 total
Exercise: $7.39Exp: 2010-04-08→ Common Stock (39,009 underlying)
Award
Option (right to buy)
2010-04-07+8,477→ 8,477 total
Exercise: $8.60From: 2010-04-07Exp: 2011-10-01→ Common Stock (8,477 underlying)
Award
Option (right to buy)
2010-04-07+7,955→ 7,955 total
Exercise: $8.94Exp: 2016-10-16→ Common Stock (7,955 underlying)
Disposition to Issuer
Option (right to buy)
2010-04-08−7,955→ 0 total
Exercise: $8.94Exp: 2010-04-08→ Common Stock (7,955 underlying)
Award
Option (right to buy)
2010-04-07+12,500→ 12,500 total
Exercise: $9.16From: 2010-04-07Exp: 2015-10-11→ Common Stock (12,500 underlying)
Award
Option (right to buy)
2010-04-07+5,730→ 5,730 total
Exercise: $9.16From: 2010-04-07Exp: 2015-10-11→ Common Stock (5,730 underlying)
Disposition to Issuer
Option (right to buy)
2010-04-07−1,526→ 0 total
Exercise: $6.66From: 2010-04-07Exp: 2014-10-18→ Common Stock (1,526 underlying)
Disposition to Issuer
Option (right to buy)
2010-04-07−12,500→ 0 total
Exercise: $5.02From: 2010-04-07Exp: 2015-10-11→ Common Stock (12,500 underlying)
Disposition to Issuer
Option (right to buy)
2010-04-08−12,500→ 0 total
Exercise: $9.16Exp: 2010-04-08→ Common Stock (12,500 underlying)
Disposition to Issuer
Option (right to buy)
2010-04-08−5,730→ 0 total
Exercise: $9.16Exp: 2010-04-08→ Common Stock (5,730 underlying)
Disposition to Issuer
Option (right to buy)
2010-04-07−6,770→ 0 total
Exercise: $5.02From: 2010-04-07Exp: 2015-10-11→ Common Stock (6,770 underlying)
Disposition to Issuer
Option (right to buy)
2010-04-07−7,988→ 0 total
Exercise: $6.66From: 2010-04-07Exp: 2014-10-18→ Common Stock (7,988 underlying)
Award
Option (right to buy)
2010-04-07+1,526→ 1,526 total
Exercise: $10.80From: 2010-04-07Exp: 2014-10-18→ Common Stock (1,526 underlying)
Disposition to Issuer
Option (right to buy)
2010-04-08−41,370→ 0 total
Exercise: $2.58Exp: 2010-04-08→ Common Stock (41,370 underlying)
Disposition to Issuer
Option (right to buy)
2010-04-08−10,079→ 0 total
Exercise: $11.17Exp: 2010-04-08→ Common Stock (10,079 underlying)
Award
Option (right to buy)
2010-04-07+39,009→ 39,009 total
Exercise: $7.39Exp: 2018-06-01→ Common Stock (39,009 underlying)
Disposition to Issuer
Option (right to buy)
2010-04-07−30,991→ 0 total
Exercise: $3.25Exp: 2018-06-01→ Common Stock (30,991 underlying)
Award
Option (right to buy)
2010-04-07+30,991→ 30,991 total
Exercise: $7.39Exp: 2018-06-01→ Common Stock (30,991 underlying)
Disposition to Issuer
Option (right to buy)
2010-04-08−1,526→ 0 total
Exercise: $10.80Exp: 2010-04-08→ Common Stock (1,526 underlying)
Disposition to Issuer
Option (right to buy)
2010-04-08−6,026→ 0 total
Exercise: $2.58Exp: 2010-04-08→ Common 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.

Documents

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