4//SEC Filing
SILICON IMAGE INC 4
Accession 0001003214-15-000033
CIK 0001003214operating
Filed
Mar 11, 8:00 PM ET
Accepted
Mar 12, 7:36 PM ET
Size
18.4 KB
Accession
0001003214-15-000033
Insider Transaction Report
Form 4
Meagher Seamus
VP Worldwide Sales
Transactions
- Disposition from Tender
Common Stock
2015-03-10$7.30/sh−48,935$357,226→ 0 total - Disposition from Tender
Common Stock
2015-03-10$7.30/sh−24,000$175,200→ 0 total - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2015-03-10$1.45/sh−4,000$5,800→ 0 totalExercise: $5.85Exp: 2017-10-15→ Common Stock (4,000 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2015-03-10$0.35/sh−10,000$3,500→ 0 totalExercise: $6.95Exp: 2018-01-18→ Common Stock (10,000 underlying) - Exercise/Conversion
Common Stock
2015-03-10+24,000→ 24,000 total - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2015-03-10$2.84/sh−542$1,539→ 0 totalExercise: $4.46Exp: 2018-02-15→ Common Stock (542 underlying) - Exercise/Conversion
Performance Shares
2015-03-10−24,000→ 0 totalExercise: $0.00→ Common Stock (24,000 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2015-03-10$2.78/sh−50,000$139,000→ 0 totalExercise: $4.52Exp: 2018-12-15→ Common Stock (50,000 underlying)
Footnotes (3)
- [F1]Restricted stock units convert into common stock on a 1:1 basis.
- [F2]This option, which is fully vested and exercisable, was cancelled at the closing of the tender offer (the "Offer") by Cayabyab Merger Company, a Delaware corporation, and a wholly owned subsidiary of Lattice Semiconductor Corporation, a Delaware corporation ("Lattice"), in exchange for a cash payment from Lattice equal to the product of (a) the number of shares underlying this option and (b) the difference between the offer price of $7.30 per share and the exercise price per share of this option.
- [F3]Represents the 50% portion of the outstanding unvested PBRSU for 48,000 shares that was granted to the Reporting Person on August 15, 2013 (the "2013 Unvested PBRSU"), which portion shall accelerate at the Offer closing based upon a determination by the compensation committee as to the deemed satisfaction of the performance metrics to which such 2013 Unvested PBRSU is subject. The remaining 24,000 shares, representing the other 50% portion of the 2013 Unvested PBRSU, will be cancelled at the Offer closing for no consideration.
Documents
Issuer
SILICON IMAGE INC
CIK 0001003214
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001003214
Filing Metadata
- Form type
- 4
- Filed
- Mar 11, 8:00 PM ET
- Accepted
- Mar 12, 7:36 PM ET
- Size
- 18.4 KB