SEC Form 4 · accession 0001580231-16-000033
PIXELWORKS, INC · PXLW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Todd Debonis
Officer — President and CEO · Director
Period of report
Apr 27, 2016
Accepted (ET)
Apr 29, 2016 · 4:06 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001040161
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Apr 27, 2016 | A | 150,000 | — | A | 225,000 | 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 | $2.46 | holding | — | — | — | — | Jan 4, 2022 | Common Stock | 350,000 | 350,000 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of the registrants's common stock. The restricted stock units will vest 33% on May 15, 2017, 33% on May 15, 2018 and 34% on May 15, 2019.
- F225% vests on January 31, 2017, with the remaining 75% vesting ratably on a monthly basis thereafter over three years.