LOOKABAUGH TOM 4
4 · ENTROPIC COMMUNICATIONS INC · Filed Feb 2, 2012
Insider Transaction Report
Form 4
LOOKABAUGH TOM
Chief Technology Officer
Transactions
- Sale
Common Stock
2012-02-01$5.86/sh−6,250$36,625→ 0 total - Exercise/Conversion
Common Stock
2012-02-01$2.38/sh+6,250$14,875→ 6,250 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2012-02-01$5.86/sh−6,250$36,625→ 175,000 totalExercise: $2.38Exp: 2019-07-01→ Common Stock (6,250 underlying)
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 November 30, 2009.
- [F2]1/4th of the shares vest one year after the Vesting Commencement Date beginning July 1, 2009. 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.