GOKHALE VINAY 4
4 · ENTROPIC COMMUNICATIONS INC · Filed Apr 14, 2011
Insider Transaction Report
Form 4
GOKHALE VINAY
SVP of Marketing & Bus Develop
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2011-04-13+70,000→ 70,000 totalExercise: $7.45Exp: 2021-04-13→ Common Stock (70,000 underlying) - Award
Restricted Stock Unit
2011-04-13+12,000→ 12,000 total→ Common Stock (12,000 underlying)
Footnotes (3)
- [F1]1/4th of the shares vest one year after the Vesting Commencement Date beginning 4/13/11. 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.
- [F2]Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
- [F3]The shares vest in four equal annual installments, beginning one year after the Vesting Commencement Date of April 13, 2011. Additionally, grant is subject to accelerated vesting on the terms and conditions set forth in such individual's Change of Control Agreement.