Shisler Bradley J. 4
4 · PIXELWORKS, INC · Filed May 13, 2013
Insider Transaction Report
Form 4
PIXELWORKS, INCPXLW
Shisler Bradley J.
DirectorOther
Transactions
- Award
Common Stock
2013-05-09+8,000→ 24,261 total
Holdings
- 10,000
Non-Qualified Stock Option (right to buy)
Exercise: $2.36Exp: 2018-02-09→ Common Stock (10,000 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of the registrant's common stock. The restricted stock units will vest in full on the first to occur of (1) the day before the next annual meeting of the registrant's shareholders that follows the grant date or (2) the first anniversary of the grant date. The restricted stock units will be paid upon vesting, subject to any election by the reporting person to defer payment of the units to a later date.
- [F2]25% vest on the first anniversary of the date of grant, with the remaining 75% vesting ratably on a monthly basis thereafter over three years.