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4//SEC Filing

SAMUEL MARK 4

Accession 0001545954-12-000005

CIK 0001227930other

Filed

May 8, 8:00 PM ET

Accepted

May 9, 3:31 PM ET

Size

10.2 KB

Accession

0001545954-12-000005

Insider Transaction Report

Form 4
Period: 2012-05-07
SAMUEL MARK
Sr Vice President & GM, STB
Transactions
  • Award

    Restricted Stock Unit

    2012-05-07+51,20051,200 total
    Common Stock (51,200 underlying)
  • Award

    Non-Qualified Stock Option (right to buy)

    2012-05-07+192,000192,000 total
    Exercise: $3.74Exp: 2022-05-07Common Stock (192,000 underlying)
  • Award

    Restricted Stock Unit

    2012-05-07+30,00081,200 total
    Common Stock (30,000 underlying)
Footnotes (5)
  • [F1]1/4th of the shares vest one year after the Vesting Commencement Date beginning 4/12/12. 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.
  • [F2]Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
  • [F3]The shares vest over a four year period, with 25% vesting on the first quarterly vesting date following the 1st, 2nd, 3rd and 4th anniversary of the grant date. Additionally, grant is subject to accelerated vesting on the terms and conditions set forth in such individual's Change of Control Agreement.
  • [F4]Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
  • [F5]The shares vest 100% on the first quarterly vesting date following the 1st anniversary of the grant date. Additionally, grant is subject to accelerated vesting on the terms and conditions set forth in such individual's Change of Control Agreement.

Issuer

ENTROPIC COMMUNICATIONS INC

CIK 0001227930

Entity typeother

Related Parties

1
  • filerCIK 0001545954

Filing Metadata

Form type
4
Filed
May 8, 8:00 PM ET
Accepted
May 9, 3:31 PM ET
Size
10.2 KB