4//SEC Filing
Adas Abdelnaser 4
Accession 0001127602-13-008592
CIK 0001224370other
Filed
Feb 27, 7:00 PM ET
Accepted
Feb 28, 6:09 PM ET
Size
6.2 KB
Accession
0001127602-13-008592
Insider Transaction Report
Form 4
Adas Abdelnaser
Senior Vice President
Transactions
- Award
Performance Shares
2013-02-27+15,000→ 15,000 total→ Common Stock (15,000 underlying)
Footnotes (3)
- [F1]Each performance share represents a contingent right to receive one share of the Company's common stock.
- [F2]The performance shares become eligible to vest based on the achievement of certain minimum fair market values of the Company's common stock for twenty consecutive market trading days (the "Vesting Trigger Prices") and require the reporting person to continue as a service provider to the Company through the relevant vesting date (the "Service Period Requirement"). The performance shares vest as to 33.3% of the award, subject to a Service Period Requirement of one year following the grant date and a $6.00 Vesting Trigger Price. The performance shares vest as to 33.3% of the award, subject to a Service Period Requirement of two years following the grant date and an $8.00 Vesting Trigger Price. The performance shares vest as to 33.4% of the award, subject to a Service Period Requirement of three years following the grant date and a $10.00 Vesting Trigger Price.
- [F3]Performance shares that have not vested upon the end of the three year performance period will terminate.
Documents
Issuer
MINDSPEED TECHNOLOGIES, INC
CIK 0001224370
Entity typeother
Related Parties
1- filerCIK 0001568980
Filing Metadata
- Form type
- 4
- Filed
- Feb 27, 7:00 PM ET
- Accepted
- Feb 28, 6:09 PM ET
- Size
- 6.2 KB