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4//SEC Filing

ENTROPIC COMMUNICATIONS INC 4

Accession 0001184582-10-000033

CIK 0001227930operating

Filed

Dec 7, 7:00 PM ET

Accepted

Dec 8, 5:58 PM ET

Size

9.3 KB

Accession

0001184582-10-000033

Insider Transaction Report

Form 4
Period: 2010-12-07
BRADFORD WILLIAM R
SVP, Worldwide Sales
Transactions
  • Sale

    Common Stock

    2010-12-07$10.23/sh28,000$286,3395,000 total
  • Exercise/Conversion

    Common Stock

    2010-12-07$2.61/sh+28,000$73,08033,000 total
  • Exercise/Conversion

    Non-Qualified Stock Option (right to buy)

    2010-12-0728,000266,000 total
    Exercise: $2.61Exp: 2019-10-06Common Stock (28,000 underlying)
Footnotes (3)
  • [F1]The sales reported in the Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 24, 2010.
  • [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.11 to $10.49 per share. The reporting person undertakes to provide to Entropic Communications (the Company), any security holder of the Company 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 fort in this footnote.
  • [F3]1/4th of the shares vest one year after the Vesting Commencement Date beginning October 6, 2009. 1/48th of the shares vest monthly thereafter over the next three years. Additionally, grant is subject to accelerated vesting on the terms and conditions set forth in such individual's Change of Control Agreement.

Issuer

ENTROPIC COMMUNICATIONS INC

CIK 0001227930

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001227930

Filing Metadata

Form type
4
Filed
Dec 7, 7:00 PM ET
Accepted
Dec 8, 5:58 PM ET
Size
9.3 KB