Hilderbrand Michelle Billings 4
4 · PIXELWORKS, INC · Filed Mar 25, 2009
Insider Transaction Report
Form 4
PIXELWORKS, INCPXLW
Hilderbrand Michelle Billings
Vice President, Finance
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2009-03-23$0.60/sh+75,000$45,000→ 75,000 totalExercise: $0.60Exp: 2019-03-23→ Common Stock (75,000 underlying)
Holdings
- 6,666
Non-Qualified Stock Option (right to buy)
Exercise: $2.28Exp: 2018-02-28→ Common Stock (6,666 underlying) - 833
Non-Qualified Stock Option (right to buy)
Exercise: $6.09Exp: 2017-02-12→ Common Stock (833 underlying) - 1,658
Non-Qualified Stock Option (right to buy)
Exercise: $7.47Exp: 2013-12-04→ Common Stock (1,658 underlying) - 3,333
Non-Qualified Stock Option (right to buy)
Exercise: $11.40Exp: 2016-05-02→ Common Stock (3,333 underlying)
Footnotes (3)
- [F1]Becomes exercisable on a monthly basis over 3 years, commencing the last day of the month of the date of grant.
- [F2]Options become exercisable over 18 months as follows: 33.3% on June 30, 2007 and 66.7% becoming exercisable at a rate of 5.56% on a monthly basis thereafter over 12 months, or through June 30, 2008.
- [F3]The options become exercisable on a monthly basis at a rate of 10% in year 1, 20% in year 2, 30% in year 3 and 40% in year 4, which commences on the last day of the month the option is granted.