4//SEC Filing
Silicon Graphics International Corp 4
Accession 0001437749-15-015951
CIK 0001316625operating
Filed
Aug 13, 8:00 PM ET
Accepted
Aug 14, 6:42 PM ET
Size
23.0 KB
Accession
0001437749-15-015951
Insider Transaction Report
Form 4
Nikl Robert
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
2015-08-12+1,957→ 32,281 total - Tax Payment
Common Stock
2015-08-12$5.47/sh−735$4,020→ 31,546 total - Exercise/Conversion
Common Stock
2015-08-13+4,037→ 38,405 total - Exercise/Conversion
Common Stock
2015-08-13+4,519→ 36,065 total - Tax Payment
Common Stock
2015-08-13$5.36/sh−1,517$8,131→ 36,888 total - Award
Restricted Stock Units
2015-08-12+63,000→ 132,394 total→ Common Stock (63,000 underlying) - Award
Performance-Based Restricted Stock Units
2015-08-12+16,150→ 16,150 total→ Common Stock (16,150 underlying) - Exercise/Conversion
Performance-Based Restricted Stock Units
2015-08-13−4,037→ 12,113 totalFrom: 2015-08-13→ Common Stock (4,037 underlying) - Tax Payment
Common Stock
2015-08-13$5.36/sh−1,697$9,096→ 34,368 total - Exercise/Conversion
Restricted Stock Units
2015-08-12−1,957→ 69,394 totalFrom: 2015-08-12→ Common Stock (1,957 underlying) - Exercise/Conversion
Restricted Stock Units
2015-08-13−4,519→ 127,875 totalFrom: 2015-08-13→ Common Stock (4,519 underlying)
Footnotes (6)
- [F1]Upon vesting, each restricted stock unit was converted into an equivalent number of shares of the Company's common stock.
- [F2]These shares were retained by the Company in order to meet the tax withholding obligations of the award holder in connection with the vesting of an installment of the restricted stock award. The amount retained by the Company was not in excess of the amount of the tax liability.
- [F3]Each restricted stock unit represents a contingent right to receive one share of Common Stock.
- [F4]Restricted stock units have no expiration date.
- [F5]This restricted stock unit award will vest over (4) four years, vesting 1/16 of the shares quarterly.
- [F6]This performance-based restricted stock unit award grant ("PSU") was based upon attainment by the Company of performance metrics. Attainment of such performance metrics was determined by the Compensation Committee of the Company's Board of Directors ("Compensation Committee") on August 12, 2015 in accordance with metrics previously established by the Compensation Committee for the fiscal year ending June 26, 2015. PSU vesting is 25%, one year after the initial grant date of August 13, 2014, with the remaining portion of the PSU vesting in twelve equal, successive quarterly installments over an additional three years, subject to continued service.
Documents
Issuer
Silicon Graphics International Corp
CIK 0001316625
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001316625
Filing Metadata
- Form type
- 4
- Filed
- Aug 13, 8:00 PM ET
- Accepted
- Aug 14, 6:42 PM ET
- Size
- 23.0 KB