4//SEC Filing
Richter David J 4
Accession 0001398248-10-000062
CIK 0001342960other
Filed
Jun 15, 8:00 PM ET
Accepted
Jun 16, 6:48 PM ET
Size
11.1 KB
Accession
0001398248-10-000062
Insider Transaction Report
Form 4
DIVX INCDIVX
Richter David J
EVP, Business & Legal Affairs
Transactions
- Sale
Common Stock
2010-06-14$8.20/sh−4,016$32,948→ 28,943 total - Tax Payment
Common Stock
2010-06-14$7.97/sh−2,292$18,267→ 26,709 total - Exercise/Conversion
Common Stock
2010-06-14+6,250→ 32,959 total - Exercise/Conversion
Restricted Stock Units
2010-06-14−6,250→ 43,750 total→ Common Stock (6,250 underlying)
Footnotes (6)
- [F1]Represents shares withheld to satisfy income tax obligations asssociated with the release of common stock (per a vested restricted stock unit award) to the Reporting Person on the transaction date listed in this Form 4.
- [F2]This Form 4 is being filed to report the quarterly vesting of a Restricted Stock Unit award that was granted and reported on March 14, 2008.
- [F3]Each restricted stock unit represents a contingent right to receive one share of DIVX common stock.
- [F4]The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 30, 2009.
- [F5]This transaction was executed in multiple trades at prices ranging from $8.08 to $8.43. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, DivX, Inc. or a shareholder of DivX, Inc., full information regarding the number of shares and prices at which the transaction was effected.
- [F6]The restricted stock units vest in equal quarterly installments beginning March 14, 2008. Vested shares will be delivered to the reporting person on each vest date or, if the vest date is not a business day, the next following business day thereafter.
Documents
Issuer
DIVX INC
CIK 0001342960
Entity typeother
Related Parties
1- filerCIK 0001375472
Filing Metadata
- Form type
- 4
- Filed
- Jun 15, 8:00 PM ET
- Accepted
- Jun 16, 6:48 PM ET
- Size
- 11.1 KB