LOOKABAUGH TOM 4
4 · ENTROPIC COMMUNICATIONS INC · Filed Dec 2, 2011
Insider Transaction Report
Form 4
LOOKABAUGH TOM
Chief Technology Officer
Transactions
- Sale
Common Stock
2011-12-01$4.94/sh−6,250$30,875→ 0 total - Exercise/Conversion
Common Stock
2011-12-01$2.38/sh+6,250$14,875→ 6,250 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2011-12-01$4.94/sh−6,250$30,875→ 187,500 totalExercise: $2.38Exp: 2019-07-01→ Common Stock (6,250 underlying)
Footnotes (2)
- [F1]The sales reported in the Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 30, 2009.
- [F2]1/4th of the shares vest one year after the Vesting Commencement Date beginning July 1, 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.