4//SEC Filing
Granberry Noland 4
Accession 0001199719-12-000036
CIK 0001003214other
Filed
Aug 16, 8:00 PM ET
Accepted
Aug 17, 7:28 PM ET
Size
14.8 KB
Accession
0001199719-12-000036
Insider Transaction Report
Form 4
Granberry Noland
Chief Accounting Officer
Transactions
- Award
Common Stock
2012-08-15+15,000→ 135,970 total - Other
Common Stock
2012-08-15$4.38/sh+2,049$8,969→ 120,970 total - Award
Non-Qualified Stock Option (right to buy)
2012-08-15+60,000→ 60,000 totalExercise: $5.15From: 2013-08-15Exp: 2019-08-15→ Common Stock (60,000 underlying) - Award
Performance Shares
2012-08-15+15,000→ 15,000 totalExercise: $0.00From: 2013-08-15→ Common Stock (15,000 underlying)
Footnotes (5)
- [F1]2,049 shares of Common Stock acquired on August 15, 2012 under Issuer's Employee Stock Purchase Plan.
- [F2]The restricted stock units shall vest with respect to one fourth (1/4) of the total number of shares (rounded to the nearest whole share) on each one year anniversary of the Grant Date until such time as the restricted stock units are vested with respect to all of the shares.
- [F3]The option shall become vested and exercisable with respect to one fourth (1/4) of the total number of shares (rounded to the nearest whole share) on the one year anniversary of the Grant Date, and thereafter, at the end of each full succeeding month, the option shall become vested and exercisable with respect to an additional one forty-eighth (1/48) of the total number of shares (rounded to the nearest whole share) until such time as the option is vested and exercisable with respect to all of the shares.
- [F4]The RSUs with perf based vesting will vest over 4 yrs, with 25% of the total number of shares vesting on each anniv of the Grant Date (GD), provided that, on each such anniv date the average closing price per share of the Registrant's common stock calculated for the 60 day period ending on the trading day preceding such anniv date (the "Average Price") is:(i) equal to or greater than $4.52 on the 1st anniv of the GD;(ii) on the 2nd anniv of the GD, equal to or greater than the Avg Price on the 1st anniv of the GD multiplied by 1.06;(iii) on the 3rd anniv of the GD, equal to or greater than the Avg Price on the 2nd anniv of the GD multiplied by 1.06; and (iv) on the 4th anniv of the GD, equal to or greater than the Avg Price on the 3rd anniv of the GD multiplied by 1.06.
- [F5]Any RSUs not vesting on an anniversary of the Grant Date due to the price of the Registrant's common stock not satisfying the foregoing conditions shall be forfeited.
Issuer
SILICON IMAGE INC
CIK 0001003214
Entity typeother
Related Parties
1- filerCIK 0001392878
Filing Metadata
- Form type
- 4
- Filed
- Aug 16, 8:00 PM ET
- Accepted
- Aug 17, 7:28 PM ET
- Size
- 14.8 KB