YONKER RICHARD C 4
4 · VITESSE SEMICONDUCTOR CORP · Filed Dec 13, 2010
Insider Transaction Report
Form 4
VITESSE SEMICONDUCTOR CORPVTSS.PK
YONKER RICHARD C
Chief Financial Officer
Transactions
- Award
Stock Option (right to buy)
2010-12-09+33,000→ 33,000 totalExercise: $4.36From: 2011-12-09Exp: 2020-12-09→ Common Stock (33,000 underlying) - Award
Common Stock
2010-12-09+67,000→ 117,000 total
Holdings
- 9,000(indirect: By Trust)
Common Stock
Footnotes (3)
- [F1]Represents a grant of restricted stock units ("RSUs"). One fourth of the RSUs vests on the first anniversary of the grant and an additional one fourth each anniversary thereafter until the RSUs are fully vested.
- [F2]Adjusted to reflect that 5,000 shares (as adjusted for the issuer's June 30, 2010 reverse 1-for-20 common stock split) acquired May 27, 2010 that were initially reported as owned directly were instead indirectly beneficially owned, through the Yonker Family Trust.
- [F3]Date at which first vesting occurs is indicated. 25% of the option vests on the first vesting date and an additional 25% each anniversary thereafter until the option is fully vested.