4/A//SEC Filing
MOSHAYEDI MEHRDAD 4/A
Accession 0001181431-10-009149
CIK 0001102741other
Filed
Feb 15, 7:00 PM ET
Accepted
Feb 16, 3:39 PM ET
Size
9.8 KB
Accession
0001181431-10-009149
Insider Transaction Report
Form 4/AAmended
STEC, INC.STEC
MOSHAYEDI MEHRDAD
DirectorPresident, COO, CTO, Secretary10% Owner
Transactions
- Sale
Common Stock
2009-08-11$29.76/sh−3,359,040$99,965,030→ 3,739,885 total(indirect: By Trust)
Transactions
- Sale
Common Stock
2009-08-11$29.76/sh−3,359,040$99,965,030→ 3,739,885 total(indirect: By Trust)
MOSHAYEDI SEMIFA
10% Owner
Transactions
- Sale
Common Stock
2009-08-11$29.76/sh−3,359,040$99,965,030→ 3,739,885 total(indirect: By Trust)
Footnotes (3)
- [F1]On August 11, 2009, pursuant to an underwriting agreement dated August 5, 2009, among STEC, Inc. (the "Company"), the selling shareholders named therein (Manouch Moshayedi and Mark Moshayedi, both officers and directors of the Company) (the "Selling Shareholders"), and J.P. Morgan Securities Inc. and Deutsche Bank Securities Inc., as representatives of the several underwriters named therein (the "Underwriters"), the Selling Shareholders sold 9,000,000 of their outstanding shares of the Company's common stock to the Underwriters at a per share price of $29.76 (for aggregate proceeds, before expenses, of $267,840,000).
- [F2]Due to the transposition of numbers, the aggregate holdings reported in Table I, Box 5 for this reported transaction were incorrect. This amended Form 4 is filed solely for the purpose of correcting the aggregate holdings for the referenced line item.
- [F3]As reported in Form 4 filed on August 13, 2009, these shares were owned directly by the M. and S. Moshayedi Revocable Trust, dated 9/25/98, and indirectly by Mark Moshayedi and Semira Moshayedi as co-trustees of this trust. Each of the co-trustees disclaims beneficial ownership of these securities except to the extent of his or her pecuniary interest therein. Due to the sale described in footnote (1) above, the M. and S. Moshayedi Revocable Trust, dated 9/28/98 (of which Semira Moshayedi is co-trustee) is no longer a 10% beneficial owner of the Company's common stock, and thereby is no longer subject to Section 16. The checked box in the top left corner of the Form 4 filed on August 13, 2009 related solely to the M. and S. Moshayedi Revocable Trust, dated 9/25/98, and Semira Moshayedi. Mark Moshayedi remains subject to Section 16.
Documents
Issuer
STEC, INC.
CIK 0001102741
Entity typeother
Related Parties
1- filerCIK 0001193507
Filing Metadata
- Form type
- 4/A
- Filed
- Feb 15, 7:00 PM ET
- Accepted
- Feb 16, 3:39 PM ET
- Size
- 9.8 KB