Bridges Lance 4
4 · ENTROPIC COMMUNICATIONS INC · Filed May 22, 2013
Insider Transaction Report
Form 4
Bridges Lance
VP and General Counsel
Transactions
- Exercise/Conversion
Common Stock
2013-05-20+3,400→ 101,973 total - Exercise/Conversion
Restricted Stock Unit
2013-05-20−3,400→ 35,900 total→ Common Stock (3,400 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
- [F2]The shares are vesting 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.