Robertson Brian Neil 4
4 · DSP GROUP INC /DE/ · Filed Feb 16, 2011
Insider Transaction Report
Form 4
Robertson Brian Neil
President
Transactions
- Sale
Common Stock
2011-02-14$8.01/sh−16,125$129,081→ 0 total - Exercise/Conversion
Common Stock
2011-02-14$5.97/sh+16,125$96,266→ 16,125 total - Exercise/Conversion
Stock Option (Right to Buy)
2011-02-14−16,125→ 12,000 totalExercise: $5.97Exp: 2016-02-02→ Common Stock (16,125 underlying)
Footnotes (3)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.97 to $8.07, inclusive. The reporting person undertakes to provide to DSP Group Inc, any security holder of DSP Group Inc, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes to this Form 4.
- [F2]The options shall vest as to twenty-five percent on 02/02/2010 and 6.25% each quarter thereafter.
- [F3]B. Robertson's employment with DSP Group, Inc. terminated as of January 31, 2011. This number represents the number of shares of DSP Group's common stock subject to the option grant that vested as of the termination date.