4//SEC Filing
SILICON IMAGE INC 4
Accession 0001199719-13-000033
CIK 0001003214operating
Filed
Aug 18, 8:00 PM ET
Accepted
Aug 19, 2:43 PM ET
Size
14.1 KB
Accession
0001199719-13-000033
Insider Transaction Report
Form 4
Vehling Timothy J.
VP Products Business Group
Transactions
- Tax Payment
Common Stock
2013-08-15$5.35/sh−1,410$7,543→ 91,019 total - Award
Common Stock
2013-08-15+3,750→ 92,429 total - Tax Payment
Common Stock
2013-08-15$5.35/sh−1,410$7,543→ 89,609 total - Award
Performance Shares
2013-08-15+100,000→ 115,000 totalExercise: $0.00From: 2014-12-31→ Common Stock (100,000 underlying)
Footnotes (4)
- [F1]On August 15, 2012, the reporting person was granted 15,000 RSUs, with vesting subject to certain performance-based criteria. On August 15, 2013, these RSUs vested as to 25% of the total number of shares granted due to the achievement of the performance-based criteria that the average of the closing prices per share of the Registrant's common stock (calculated using the closing price per share of the Registrant's common stock as reported on the NASDAQ National Market) for the sixty (60) day period ending on August 14, 2013 be equal to or greater than $4.52. See Registrant's Current Report on Form 8-K filed on August 22, 2012.
- [F2]Represents shares withheld from the released restricted stock units for the payment of applicable income and payroll withholding taxes due on release.
- [F3]The performance-based restricted stock units ("PBRSUs") will vest as follows: 40% of the total number of shares shall vest on 12/31/14, 30% of the total number of shares shall vest on 12/31/15, 20% of the total number of shares shall vest on 12/31/16 and 10% of the total number of shares shall vest on 12/31/17, provided that the Registrant's GAAP earnings per share (EPS) for the fiscal year ending on each Vesting Date (as evidenced by the Registrant's audited financial results and confirmed by the Compensation Committee) is equal to or greater than the target GAAP EPS for each such fiscal year established by the Compensation Committee. No shares will vest as to any of the grants listed herein, upon any of the Vesting Dates unless the recipient continues to provide services to the Registrant as of such Vesting Date.
- [F4]Any PBRSUs not vesting on a Vesting Date due to the Registrant's GAAP EPS for the fiscal year in question not meeting the target for such fiscal year established by the Compensation Committee shall be forfeited.
Issuer
SILICON IMAGE INC
CIK 0001003214
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001003214
Filing Metadata
- Form type
- 4
- Filed
- Aug 18, 8:00 PM ET
- Accepted
- Aug 19, 2:43 PM ET
- Size
- 14.1 KB