SEC Form 4 · accession 0001681108-16-000004
SILICON LABORATORIES INC. · SLAB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Navdeep S Sooch
Director
Period of report
Sep 1, 2016
Accepted (ET)
Sep 2, 2016 · 5:31 pm EDT
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,F2 | Sep 1, 2016 | S | 75,000 | $57.20 | D | 574,756 | D | |
| Common Stock, $0.0001 par value | Sep 1, 2016 | M | 25,000 | $32.11 | A | 599,756 | D | |
| Common Stock, $0.0001 par valueF1,F3 | Sep 1, 2016 | S | 25,000 | $57.20 | D | 574,756 | 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)F4,F5 | $32.11 | Sep 1, 2016 | M | 25,000 | A | Feb 15, 2008 | Feb 15, 2017 | Common Stock, $0.0001 par value | 25,000 | 0 | D |
Explanation of responses
- F1Shares sold pursuant to Reporting Person's 10b5-1 Trading Plan.
- F2Price represents the weighted average selling price. Prices range between $56.64 and $57.66.
- F3Price represents the weighted average selling price. Prices range between $56.64 and $57.65.
- F4Not applicable per instruction 4(c)(iii).
- F5Option vests and becomes exercisable with respect to (i) twenty percent (20%) of the option shares upon the date exercisable and (ii) the balance of the option shares in a series of forty-eight (48) successive monthly installments over the forty-eight (48) month period measured from the date exercisable.