GOKHALE VINAY 4
4 · ENTROPIC COMMUNICATIONS INC · Filed Mar 24, 2011
Insider Transaction Report
Form 4
GOKHALE VINAY
SVP of Marketing & Bus Develop
Transactions
- Sale
Common Stock
2011-03-23$7.95/sh−1,100$8,745→ 0 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2011-03-23−1,100→ 138,000 totalExercise: $0.68Exp: 2019-02-06→ Common Stock (1,100 underlying) - Exercise/Conversion
Common Stock
2011-03-23$0.68/sh+1,100$748→ 1,100 total
Footnotes (2)
- [F1]The sales reported in the Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 27, 2009.
- [F2]1/4th of the shares vest one year after the Vesting Commencement Date beginning 1/5/09. 1/48th of the shares vest monthly thereafter over the next three years. Additionally, grant is subject to accelerated vesting on the terms and conditions set forth in such individual's Change of Control Agreement.