Tung Michael 4
4 · MEMSIC Inc · Filed Mar 5, 2012
Insider Transaction Report
Form 4
MEMSIC IncMEMS
Tung Michael
Director
Transactions
- Award
Common Stock
2012-03-02+15,000→ 30,000 total
Holdings
- 1,285,551(indirect: by Investar Semiconductor Development Fund, Inc.)
Common Stock
- 1,072,069(indirect: by Investar Semiconductor Development Fund (II) LDC (2))
Common Stock
Footnotes (2)
- [F1]Restricted stock units representing a contingent right to receive one share of MEMSIC common stock. The units vest in three equal annual installments beginning March 2, 2013.
- [F2]Includes 1,285,551 shares held by InveStar Semiconductor Development Fund, Inc., and 1,072,069 shares held by InveStar Semiconductor Development Fund, Inc. (II) LCD, together the "InveStar Funds". InveStar Capital, Inc., a Cayman Islands limited liability company, acts as investment manager of InveStar Funds and exercises investment control over the shares held by such entities. Michael Tung is the chief financial officer and managing partner of InveStar Capital, Inc. InveStar Capital, Inc. and Mr. Tung may be deemed to beneficially own the shares held by InveStar Funds and each disclaims beneficial ownership of such shares except to the extent of any pecuniary interest therein.