DTS, INC. 4
4 · DTS, INC. · Filed Feb 19, 2014
Insider Transaction Report
Form 4
DTS, INC.DTSI
WATSON PATRICK
Sr VP, Strategy & Business Dev
Transactions
- Exercise/Conversion
Restricted Stock Unit
2014-02-15−750→ 0 total→ Common Stock (750 underlying) - Exercise/Conversion
Common Stock
2014-02-15+750→ 5,970 total - Tax Payment
Common Stock
2014-02-15$19.78/sh−1,147$22,688→ 4,823 total
Footnotes (3)
- [F1]Each restricted stock unit represents a right to receive one share of the Issuer's common stock.
- [F2]The shares were withheld at the election of the Reporting Person to satisfy tax withholding obligations in connection with the partial vesting of restricted stock units granted in February 2010, restricted stock units granted in February 2011 and restricted stock units granted in February 2012.
- [F3]These restricted stock units vest in four equal annual installments beginning on February 15, 2011.