SEC Form 4 · accession 0001580231-18-000026
PIXELWORKS, INC · PXLW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David J. Tupman
Director
Period of report
May 11, 2018
Accepted (ET)
May 14, 2018 · 4:00 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 | May 11, 2018 | S | 2,500 | $4.18 | D | 65,845 | 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 | $5.50 | holding | — | — | — | — | Apr 2, 2020 | Common Stock | 10,000 | 10,000 | D |
Explanation of responses
- F1This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by Dr. Tupman in February 2018. The Rule 10b5-1 trading plan provides for the sale on a pre-specified date of up to 2,500 of the shares that were released to Dr. Tupman on May 8, 2018 in connection with the annual grant awarded to him upon reelection to the Board of Directors on May 10, 2017.
- F225% vest on the first anniversary of the date of grant, with the remaining 75% vesting ratably on a monthly basis thereafter over three years.