4//SEC Filing
SILICON IMAGE INC 4
Accession 0001003214-15-000037
CIK 0001003214operating
Filed
Mar 11, 8:00 PM ET
Accepted
Mar 12, 7:43 PM ET
Size
12.6 KB
Accession
0001003214-15-000037
Insider Transaction Report
Form 4
MARTINO CAMILLO
DirectorChief Executive Officer
Transactions
- Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2015-03-10$4.51/sh−960,000$4,329,600→ 0 totalExercise: $2.79Exp: 2020-01-14→ Common Stock (960,000 underlying) - Exercise/Conversion
Performance Shares
2015-03-10−97,500→ 180,000 totalExercise: $0.00→ Common Stock (97,500 underlying) - Exercise/Conversion
Performance Shares
2015-03-10−180,000→ 0 totalExercise: $0.00→ Common Stock (180,000 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2015-03-10$0.35/sh−220,000$77,000→ 0 totalExercise: $6.95Exp: 2018-01-18→ Common Stock (220,000 underlying)
Footnotes (4)
- [F1]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.
- [F2]Restricted stock units convert into common stock on a 1:1 basis.
- [F3]Represents the 50% portion of the outstanding unvested PBRSU for 195,000 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 97,500 shares, representing the other 50% portion of the 2013 Unvested PBRSU, will be cancelled at the Offer closing for no consideration.
- [F4]Represents the outstanding and unvested PBRSU that was granted to the Reporting Person on August 15, 2012 (the "2012 Unvested PBRSU"), which 2012 Unvested PBRSU shall accelerate at the Offer closing based upon the achievement of the performance goals to which such 2012 Unvested PBRSU is subject as of such date.
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, 7:43 PM ET
- Size
- 12.6 KB