ENTROPIC COMMUNICATIONS INC 4
4 · ENTROPIC COMMUNICATIONS INC · Filed Nov 22, 2013
Insider Transaction Report
Form 4
MANIAN VAHID
Sr VP, Global Operations
Transactions
- Exercise/Conversion
Common Stock
2013-11-20+12,500→ 52,500 total - Exercise/Conversion
Restricted Stock Unit
2013-11-20−12,500→ 77,500 total→ Common Stock (12,500 underlying)
Footnotes (3)
- [F1]The reporting persons end of period holdings include 2,500 shares purchased on 10/31/13, under the Company's Employee Stock Purchase Plan and are owned directly by the reporting person.
- [F2]Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
- [F3]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.