SILICON IMAGE INC 4
4 · SILICON IMAGE INC · Filed Feb 25, 2015
Insider Transaction Report
Form 4
Meagher Seamus
VP Worldwide Sales
Transactions
- Award
Common Stock
2015-02-23$7.26/sh+32,000$232,320→ 61,357 total - Tax Payment
Common Stock
2015-02-23$7.26/sh−12,422$90,184→ 48,935 total
Footnotes (2)
- [F1]On August 15, 2013, the reporting person was granted 80,000 PBRSUs, with vesting subject to the Registrant's GAAP earnings per share (EPS) for the fiscal year ending on each Vesting Date (as evidenced by the Registrant's audited financial results and confirmed by the Compensation Committee) is equal to or greater than the target GAAP EPS for each such fiscal year established by the Compensation Committee. On February 23, 2015, the Compensation Committee confirmed that the Registrant audited GAAP EPS is greater than the target GAAP EPS for fiscal year 2014; therefore, these PBRSUs vested as to 40% of the total numbers of shares granted. See Registrant's Current Report on Form 8-K filed on August 12, 2013.
- [F2]Represents shares withheld from the released restricted stock units for the payment of applicable income and payroll withholding taxes due on release.