SEC Form 4 · accession 0001576021-16-000051
SILICON LABORATORIES INC. · SLAB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
George Tyson Tuttle
Officer — CEO · Director
Period of report
Feb 12, 2016
Accepted (ET)
Feb 17, 2016 · 12:03 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 value | Feb 12, 2016 | F | 21,301 | $37.88 | D | 200,206 | D | |
| Common Stock, $0.0001 par valueF1 | Feb 15, 2016 | A | 47,519 | $0.00 | A | 247,725 | 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 | $37.88 | Feb 15, 2016 | A | 100,000 | A | Feb 15, 2017 | Feb 15, 2026 | Common Stock, $0.0001 par value | 100,000 | 100,000 | 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. One-third of the RSUs will vest on each of the first three anniversaries of the date of grant, 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.