4//SEC Filing
SILICON IMAGE INC 4
Accession 0001199719-14-000038
CIK 0001003214operating
Filed
Oct 16, 8:00 PM ET
Accepted
Oct 17, 5:33 PM ET
Size
10.6 KB
Accession
0001199719-14-000038
Insider Transaction Report
Form 4
Sheikh Khurram P
Chief Strategy & Tech Officer
Transactions
- Award
Common Stock
2014-10-15+50,000→ 50,000 total - Award
Non-Qualified Stock Option (right to buy)
2014-10-15+200,000→ 200,000 totalExercise: $4.42From: 2015-10-15Exp: 2021-10-15→ Common Stock (200,000 underlying) - Award
Performance Shares
2014-10-15+150,000→ 150,000 totalExercise: $0.00From: 2015-12-31→ Common Stock (150,000 underlying)
Footnotes (4)
- [F1]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.
- [F2]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, on the fifteenth (15th) day of each 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.
- [F3]The performance-based restricted stock units ("PBRSUs") will vest as follows: 50,000 of the total number of shares shall vest on 12/31/15, 50,000 of the total number of shares shall vest on 12/31/16, 50,000 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. Mr. Sheikh will be required to hold any shares of common stock received upon the vesting of any PBRSUs for one year following the applicable 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.
Documents
Issuer
SILICON IMAGE INC
CIK 0001003214
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001003214
Filing Metadata
- Form type
- 4
- Filed
- Oct 16, 8:00 PM ET
- Accepted
- Oct 17, 5:33 PM ET
- Size
- 10.6 KB