BECHARD KEITH 4
4 · ENTROPIC COMMUNICATIONS INC · Filed May 17, 2012
Insider Transaction Report
Form 4
BECHARD KEITH
Director
Transactions
- Award
Restricted Stock Unit
2012-05-15+12,594→ 18,418 total→ Common Stock (12,594 underlying) - Award
Non-Qualified Stock Option (right to buy)
2012-05-15+10,000→ 10,000 totalExercise: $3.97Exp: 2022-05-15→ Common Stock (10,000 underlying)
Footnotes (4)
- [F1]1/12th of the shares vest each month over twelve consecutive months beginning on 5/15/12.
- [F2]Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
- [F3]100% of the shares shall vest on May 19, 2012.
- [F4]100% of the shares shall vest on May 15, 2013.