4//SEC Filing
Henry Patrick C 4
Accession 0001417606-13-000016
CIK 0001227930other
Filed
Apr 15, 8:00 PM ET
Accepted
Apr 16, 3:36 PM ET
Size
15.7 KB
Accession
0001417606-13-000016
Insider Transaction Report
Form 4
Henry Patrick C
DirectorCEO & President
Transactions
- Award
Restricted Stock Unit
2013-04-12+80,000→ 184,500 total→ Common Stock (80,000 underlying) - Exercise/Conversion
Common Stock
2013-04-13+13,500→ 572,557 total(indirect: By Trust) - Award
Non-Qualified Stock Option (right to buy)
2013-04-12+240,000→ 240,000 totalExercise: $4.11Exp: 2023-04-12→ Common Stock (240,000 underlying) - Exercise/Conversion
Restricted Stock Unit
2013-04-13−13,500→ 171,000 total→ Common Stock (13,500 underlying) - Tax Payment
Common Stock
2013-04-13$4.11/sh−5,073$20,850→ 567,484 total(indirect: By Trust)
Holdings
- 150,674(indirect: '09 GRAT PH)
Common Stock
- 150,674(indirect: '09 GRAT WH)
Common Stock
Footnotes (9)
- [F1]The reporting persons indirect beneficial ownership by trust includes 187,617 shares previously reflected as directly owned by the reporting person.
- [F2]Shares have been surrendered to the issuer to satisfy the reporting person's tax withholding obligation due on vesting of restricted stock units.
- [F3]The shares are held by the Patrick C. Henry and Wendy A. Henry, Trustees of the Patrick C. Henry 2009 Annuity Trust, dated March 26, 2009, of which the Reporting Person holds a pecuniary interest in the annuity provided for in the trust agreement.
- [F4]The shares are held by the Patrick C. Henry and Wendy A. Henry, Trustees of the Wendy A. Henry 2009 Annuity Trust, dated March 26, 2009, of which the Reporting Person holds a pecuniary interest in the annuity provided for in the trust agreement.
- [F5]1/4th of the shares vest one year after the Vesting Commencement Date beginning 4/12/13. 1/48th of the shares vest monthly thereafter over the next three years. Additionally, grant is subject to accelerated vesting on the terms and conditions set forth in such individual's Change of Control Agreement.
- [F6]Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
- [F7]The shares vest over a four year period, with 25% vesting on the first quarterly vesting date following the 1st, 2nd, 3rd and 4th anniversary of the grant date. Additionally, grant is subject to accelerated vesting on the terms and conditions set forth in such individual's Change of Control Agreement.
- [F8]Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
- [F9]The shares vest in four equal annual installments, beginning one year after the Vesting Commencement Date of April 13, 2011. Additionally, grant is subject to accelerated vesting on the terms and conditions set forth in such individual's Executive Employment Agreement.
Documents
Issuer
ENTROPIC COMMUNICATIONS INC
CIK 0001227930
Entity typeother
Related Parties
1- filerCIK 0001416998
Filing Metadata
- Form type
- 4
- Filed
- Apr 15, 8:00 PM ET
- Accepted
- Apr 16, 3:36 PM ET
- Size
- 15.7 KB