ENTROPIC COMMUNICATIONS INC 4
4 · ENTROPIC COMMUNICATIONS INC · Filed Aug 20, 2014
Insider Transaction Report
Form 4
Lesko Charlie
Senior VP Global Sales
Transactions
- Exercise/Conversion
Common Stock
2014-08-20+12,750→ 48,158 total - Tax Payment
Common Stock
2014-08-20$2.65/sh−4,102$10,870→ 55,569 total - Exercise/Conversion
Restricted Stock Unit
2014-08-20−15,000→ 64,500 total→ Common Stock (15,000 underlying) - Exercise/Conversion
Common Stock
2014-08-20+15,000→ 63,158 total - Tax Payment
Common Stock
2014-08-20$2.65/sh−3,487$9,241→ 59,671 total - Exercise/Conversion
Restricted Stock Unit
2014-08-20−12,750→ 79,500 total→ Common Stock (12,750 underlying)
Footnotes (3)
- [F1]Shares have been surrendered to the issuer to satisfy the reporting person's tax withholding obligation due on vesting of restricted stock units.
- [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.