Johnson Gary 4

4 · PortalPlayer, Inc. · Filed Jan 31, 2006

Form 4

Period: 2006-01-31

DirectorPresident and CEO

Transactions

Exercise/Conversion
Common Stock
2006-01-31$0.45/sh+10,000$4,500→ 71,833 total
Sale
Common Stock
2006-01-31$29.69/sh−10,000$296,910→ 61,833 total
Exercise/Conversion
Incentive Stock Option (right to buy)
2006-01-31$29.69/sh−10,000$296,910→ 550,229 total
Exercise: $0.45From: 2003-12-07Exp: 2013-04-30→ Common Stock (10,000 underlying)

Holdings

Footnotes (5)

[F1]The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 26, 2005.
[F2]By Benhall - (A) Annuity Trust dated June 9, 2004.
[F3]By Johnson Childrens Trust F/B/O Claire Johnson. The shares are held in a trust for the benefit of the reporting person's children. Joel Silberman is the trustee of the trust. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or any other purpose.
[F4]By Johnson Childrens Trust F/B/O Matthew Johnson. The shares are held in a trust for the benefit of the reporting person's children. Joel Silberman is the trustee of the trust. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or any other purpose.
[F5]By Welby - (A) Annuity Trust dated June 9, 2004. The shares are held in a trust for the benefit of the reporting person's wife. The reporting person's wife is trustee of the trust. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or any other purpose.

Documents

1 file