4//SEC Filing
Noyes Kurt 4
Accession 0001416938-10-000004
CIK 0001227930other
Filed
Jul 5, 8:00 PM ET
Accepted
Jul 6, 12:24 PM ET
Size
15.3 KB
Accession
0001416938-10-000004
Insider Transaction Report
Form 4
Noyes Kurt
VP, FINANCE AND CAO
Transactions
- Sale
Common Stock
2010-07-01$6.13/sh−2,370$14,525→ 40,276 total - Sale
Common Stock
2010-07-01$6.13/sh−1,630$9,990→ 40,276 total - Exercise/Conversion
Incentive Stock Option (right to buy)
2010-07-01−2,370→ 0 totalExercise: $0.33Exp: 2014-12-01→ Common Stock (2,370 underlying) - Exercise/Conversion
Incentive Stock Option (right to buy)
2010-07-01−1,630→ 59,908 totalExercise: $0.33Exp: 2015-12-21→ Common Stock (1,630 underlying) - Exercise/Conversion
Common Stock
2010-07-01$0.33/sh+2,370$770→ 42,646 total - Exercise/Conversion
Common Stock
2010-07-01$0.33/sh+1,630$530→ 41,906 total
Footnotes (4)
- [F1]The sales reported in the Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 27, 2009.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.93 to $6.32, per share. The reporting person undertakes to provide to Entropic Communications (the "Company"), any security holder of the Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- [F3]1/4th of the shares vest one year after the Vesting Commencement Date beginning 12/15/04. 1/48th of the shares vest monthly thereafter over the next three years. The options may be early exercised prior to vesting but any exercised and unvested shares are subject to a right of repurchase on behalf of the Issuer. Additionally, grant is subject to accelerated vesting on the terms and conditions set forth in such individual's Change of Control Agreement.
- [F4]1/4th of the shares vest one year after the Vesting Commencement Date beginning 12/1/05. 1/48th of the shares vest monthly thereafter over the next three years. The options may be early exercised prior to vesting but any exercised and unvested shares are subject to a right of repurchase on behalf of the Issuer. Additionally, grant is subject to accelerated vesting on the terms and conditions set forth in such individual's Change of Control Agreement.
Documents
Issuer
ENTROPIC COMMUNICATIONS INC
CIK 0001227930
Entity typeother
Related Parties
1- filerCIK 0001416938
Filing Metadata
- Form type
- 4
- Filed
- Jul 5, 8:00 PM ET
- Accepted
- Jul 6, 12:24 PM ET
- Size
- 15.3 KB