INTEGRATED DEVICE TECHNOLOGY INC 4
4 · INTEGRATED DEVICE TECHNOLOGY INC · Filed Jun 17, 2015
Insider Transaction Report
Form 4
NAGHAVI ARMAN
VP BUSINESS UNIT
Transactions
- Award
Performance Rights
2015-06-15+12,971→ 12,971 totalExercise: $0.00→ Common Stock (12,971 underlying) - Sale
Common Stock
2015-06-15$23.74/sh−5,483$130,162→ 103,462 total - Award
Common Stock
2015-06-15+10,369→ 108,945 total
Footnotes (2)
- [F1]In connection with the vesting and delivery of performance based restricted stock, shares were sold and the net proceeds were used to pay required withholding taxes.
- [F2]Each performance right represents a contingent right to receive one share of IDT common stock. The performance right vests on 6/15/2017 and 6/15/2018 based upon IDT?s common stock peer percentile rank based on its total shareholder return during the measurement period of March 30,2015 through April 2, 2017, using a 90 day averaging, measured against the companies in the PHLX Semiconductor Total Return Index (PSOX).