PLX TECHNOLOGY INC 4
4 · PLX TECHNOLOGY INC · Filed Aug 15, 2014
Insider Transaction Report
Form 4
Schaeffer Lamar
Vice President Sales
Transactions
- Disposition to Issuer
Common Stock
2014-08-12$6.50/sh−1,000$6,500→ 9,000 total - Disposition to Issuer
Common Stock
2014-08-12$6.50/sh−9,000$58,500→ 0 total - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2014-08-12$4.50/sh−100,000$450,000→ 0 totalExercise: $2.00Exp: 2016-03-02→ Common Stock (100,000 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2014-08-12$2.77/sh−40,000$110,800→ 0 totalExercise: $3.73Exp: 2018-03-01→ Common Stock (40,000 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2014-08-12$2.63/sh−10,000$26,300→ 0 totalExercise: $3.87Exp: 2016-07-01→ Common Stock (10,000 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2014-08-12$2.40/sh−55,000$132,000→ 0 totalExercise: $4.10Exp: 2019-04-02→ Common Stock (55,000 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2014-08-12$1.95/sh−75,000$146,250→ 0 totalExercise: $4.55Exp: 2020-04-01→ Common Stock (75,000 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2014-08-12$1.58/sh−60,000$94,800→ 0 totalExercise: $4.92Exp: 2017-03-01→ Common Stock (60,000 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2014-08-12$0.56/sh−80,000$44,800→ 0 totalExercise: $5.94Exp: 2021-06-02→ Common Stock (80,000 underlying)
Footnotes (2)
- [F1]Vests 25% annually starting one year from the date of grant
- [F2]This option was cancelled in connection with the merger of PLX and a subsidiary of Avago Technologies Limited in exchange for a cash payment per share equal to the difference between $6.50 and the exercise price of the option, with the vested portion paid out immediately and the unvested portion paid out over a designated retention period.