SILICON IMAGE INC 4
4 · SILICON IMAGE INC · Filed Mar 13, 2015
Insider Transaction Report
Form 4
Sheikh Khurram P
Chief Strategy & Tech Officer
Transactions
- Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2015-03-10−200,000→ 0 totalExercise: $4.42→ Common Stock (200,000 underlying) - Other
Common Stock
2015-03-10−50,000→ 0 total - Disposition to Issuer
Performance Shares
2015-03-10−200,000→ 0 totalExercise: $0.00→ Common Stock (200,000 underlying)
Footnotes (3)
- [F1]This option, which provided for vesting 1/4th after one year and monthly thereafter, was assumed at the closing of the merger of Cayabyab Merger Company, a Delaware corporation, and a wholly owned subsidiary of Lattice Semiconductor Corporation, a Delaware corporation ("Lattice") with and into the Issuer (the "Merger"), and replaced with an option to purchase shares of Lattice common stock at $4.03 per share.
- [F2]These shares include 50,000 performance stock units, which provided for vesting in three equal annual installments, beginning 11/15/2014, which were assumed at the closing of the Merger of Lattice, and replaced with an equal number of unvested restricted stock units of Lattice, vesting to be determined by Lattice; 150,000 performance stock units, which provided for vesting in three equal annual installments, beginning 10/15/2014, which were assumed at the closing of the Merger, and replaced with 75,000 unvested restricted stock units of Lattice vesting quarterly over three years.
- [F3]Represents an award of 50,000 unvested restricted stock units, which provided for time-based vesting in four equal annual installments, beginning 10/15/2014, which award was assumed at the closing of the Merger, and replaced with an equal number of unvested restricted stock units of Lattice with the same vesting schedule.