SEC Form 4 · accession 0001036960-15-000004

FAIRCHILD SEMICONDUCTOR INTERNATIONAL INC · FCS

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — President & CEO · Director

Period of report

Feb 28, 2015

Accepted (ET)

Mar 3, 2015 · 2:59 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001036960

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock, par value $.01 per share	Feb 28, 2015	M	31,250	$0.00	A	300,386	D
Common Stock, par value $.01 per share	Mar 1, 2015	M	31,250	$0.00	A	331,636	D
Common Stock, par value $.01 per share	Mar 1, 2015	M	37,500	$0.00	A	369,136	D
Common Stock, par value $.01 per share	Mar 1, 2015	M	55,000	$0.00	A	424,136	D
Common Stock, par value $.01 per share	Mar 2, 2015	F	79,841	$17.98	D	344,295	D
Common Stock, par value $.01 per share	holding	—	—		—	220,311	I	In Trust

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Unit^F1,F2	—	Feb 28, 2015	M	31,250	D	—	—	Common Stock, par value $.01 per share	31,250	0	D
Restricted Stock Unit^F1,F2	—	Mar 1, 2015	M	31,250	D	—	—	Common Stock, par value $.01 per share	31,250	31,250	D
Restricted Stock Unit^F1,F2	—	Mar 1, 2015	M	37,500	D	—	—	Common Stock, par value $.01 per share	37,500	75,000	D
Performance Unit^F3,F1,F4	—	Mar 1, 2015	M	55,000	D	—	—	Common Stock, par value $.01 per share	55,000	54,998	D

F1This footnote is inserted only to meet technical requirements of the SEC. Restricted Stock Units and Performance Units cannot be assigned an exercise price.
F2Restricted Stock Units vest in 25% increments on each of the first four anniversaries of the date of grant, or earlier upon certain events. Vested Restricted Stock Units result in the delivery of one share per unit promptly following the vesting date.
F3Reported number of Performance Units acquired, and amount of underlying securities reported, are based on achievement of 100% performance target. If company achieves 150% target or higher, reporting person will receive 150% times the reported number. If company fails to achieve 50% target, the reporting person will receive no Performance Units. If company's performance falls between two of the 50%, 100% or 150% targets, reporting person will receive a number of shares determined according to linear interpolation.
F4Performance Units vest in the following increments, or earlier upon certain events: 33% on the first anniversary of the grant date; 33% on the second anniversary of the grant date and 34% on the third anniversary of the grant date. Performance Units have no expiration date. Vested Performance Units result in delivery of the underlying shares of common stock. All the Performance Units are forfeited if the company fails to achieve the minimum performance target.