4//SEC Filing
Blanka Lior 4
Accession 0001181431-11-029782
CIK 0000915778other
Filed
May 15, 8:00 PM ET
Accepted
May 16, 10:21 AM ET
Size
8.6 KB
Accession
0001181431-11-029782
Insider Transaction Report
Form 4
Blanka Lior
Chief Technology Officer
Transactions
- Sale
Common Stock
2011-05-10$8.20/sh−2,537$20,803→ 0 total - Exercise/Conversion
Common Stock
2011-05-10$5.97/sh+2,537$15,146→ 2,537 total - Exercise/Conversion
Stock Appreciation Right
2011-05-10−10,000→ 50,000 totalExercise: $5.97Exp: 2016-02-02→ Common Stock (2,537 underlying)
Footnotes (2)
- [F1]25% of the stock appreciation rights vested on February 2, 2010. 6.25% of the remaining stock appreciation rights vest each quarter thereafter.
- [F2]The Stock Appreciation Right grant is subject to a ceiling such that when the fair market value of the Company's common stock is equal to or great than four times the base appreciation amount of the stock appreciation right, the portion of the stock appreciation rights that is vested on such date is automatically exercised on the next trading day and the appreciation amount is paid by the issuance of the respective number of shares of the Company's common stock. Therefore, the number of underlying shares of common stock that may be received upon exercise cannot exceed 3/4 of the number of stock appreciation rights granted.
Documents
Issuer
DSP GROUP INC /DE/
CIK 0000915778
Entity typeother
Related Parties
1- filerCIK 0001511111
Filing Metadata
- Form type
- 4
- Filed
- May 15, 8:00 PM ET
- Accepted
- May 16, 10:21 AM ET
- Size
- 8.6 KB