SEC Form 4 · accession 0001580231-17-000002
PIXELWORKS, INC · PXLW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven L Moore
Officer — VP, CFO & Treasurer
Period of report
Jan 31, 2017
Accepted (ET)
Feb 2, 2017 · 5:00 pm EST
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 | Jan 31, 2017 | P | 3,000 | $1.734 | A | 410,636 | 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 | $0.60 | holding | — | — | — | — | Mar 23, 2019 | Common Stock | 100,000 | 100,000 | D |
| Non-Qualified Stock Option (right to buy)F2 | $2.28 | holding | — | — | — | — | Feb 28, 2018 | Common Stock | 16,666 | 16,666 | D |
| Non-Qualified Stock Option (right to buy)F2 | $2.28 | holding | — | — | — | — | Mar 2, 2018 | Common Stock | 8,333 | 8,333 | D |
| Non-Qualified Stock Option (right to buy)F2 | $2.36 | holding | — | — | — | — | Feb 9, 2018 | Common Stock | 50,000 | 50,000 | D |
| Non-Qualified Stock Option (right to buy)F2 | $3.48 | holding | — | — | — | — | Feb 10, 2017 | Common Stock | 60,000 | 60,000 | D |
| Non-Qualified Stock Option (right to buy)F3 | $5.25 | holding | — | — | — | — | Jul 18, 2017 | Common Stock | 66,666 | 66,666 | D |
Explanation of responses
- F1The reporting person is voluntarily reporting the acquisition of shares of the Company's common stock pursuant to the Company's Employee Stock Purchase Plan (ESPP) and the purchase price reflects the allowable discount allowed under the ESPP. This transaction is exempt under Rule 16b-3(c).
- F2Becomes exercisable on a monthly basis over 3 years, commencing the last day of the month of the date of grant.
- F325% vest on the last day of the month of the first anniversary of the date of grant, with the remaining 75% vesting ratably on a monthly basis thereafter over three years.