SEC Form 4 · accession 0001576021-16-000047
SILICON LABORATORIES INC. · SLAB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brandon Tolany
Officer — Sr VP of Worldwide Sales
Period of report
Jan 28, 2016
Accepted (ET)
Feb 1, 2016 · 4:04 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001038074
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, $0.0001 par valueF1 | Jan 28, 2016 | A | 45,642 | $0.00 | A | 45,642 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F2 | $43.82 | Jan 28, 2016 | A | 72,940 | A | Jan 28, 2017 | Jan 28, 2026 | Common Stock, $0.0001 par value | 72,940 | 72,940 | D |
Explanation of responses
- F1Reflects the grant of restricted stock units (RSUs) that will entitle Reporting Person to receive one (1) share of common stock per RSU. The RSUs will vest in a series of four (4) equal annual installments of twenty-five percent (25%) measured from February 15, 2016, contingent upon continued service to the Issuer, and will be settled pursuant to the terms of the Issuer's 2009 Stock Incentive Plan.
- F2Option vests and becomes exercisable in a series of four (4) equal annual installments of twenty-five percent (25%) of the option shares measured from the grant date.