ANADIGICS INC 4
4 · ANADIGICS INC · Filed Jul 28, 2014
Insider Transaction Report
Form 4
ANADIGICS INCANAD
Michels Ronald
Sr. VP & GM Broadband
Transactions
- Other
Performance based non-qualified employee stock option
2014-07-28−125,000→ 0 totalExercise: $3.24Exp: 2021-06-28→ Common Stock (125,000 underlying) - Award
ANADIGICS, Inc. Common Stock
2014-07-24+36,239→ 1,269,792 total
Footnotes (4)
- [F1]Represents a short-term incentive grant of restricted stock units, each of which represents the right to receive one share of common stock of Anadigics, Inc. upon vesting in March of 2015.
- [F2]The total non-derivative securities beneficially owned has been revised to reflect the forfeiture of 65,170 restricted stock units granted in May 2013 pursuant to ANADIGICS' long-term incentive award plan.
- [F3]The option provided for vesting of 25% on June 28, 2012, 25% on June 28, 2013 and 50% on June 28, 2014.
- [F4]Represents non-qualified performance options that were issued in June, 2011. The performance goals for the vesting of these options were not met and the remaining outstanding options have been forfeited.