PIXELWORKS, INC 4
4 · PIXELWORKS, INC · Filed Feb 3, 2014
Insider Transaction Report
Form 4
PIXELWORKS, INCPXLW
CHAN TZOYAO
Sr VP of Engineering
Transactions
- Purchase
Common Stock
2014-01-31$2.89/sh+3,000$8,670→ 323,454 total
Holdings
- 75,000
Non-Qualified Stock Option (right to buy)
Exercise: $2.36Exp: 2018-02-09→ Common Stock (75,000 underlying) - 76,000
Non-Qualified Stock Option (right to buy)
Exercise: $0.72Exp: 2019-01-01→ Common Stock (76,000 underlying) - 60,000
Non-Qualified Stock Option (right to buy)
Exercise: $3.13Exp: 2016-02-10→ Common Stock (60,000 underlying)
Footnotes (3)
- [F1]The reporting person is voluntarily reporting the acquisition of shares of the Company's common stock pursuant to the Company's Employee Stock Purchase Plan (ESPP) and the purchase price reflects the allowable discount allowed under the ESPP. This transaction is exempt under Rule 16b-3(c).
- [F2]25% vest on the last day of the month of the first anniversary of the date of grant, with the remaining 75% vesting ratably on a monthly basis thereafter over three years.
- [F3]Becomes exercisable on a monthly basis over 3 years, commencing the last day of the month of the date of grant.