SEC Form 4 · accession 0001437749-15-009309
INPHI Corp · IPHI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ron Torten
Officer — Sr. VP of Operations & IT
Period of report
May 5, 2015
Accepted (ET)
May 7, 2015 · 4:24 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001160958
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | May 5, 2015 | M | 11,384 | $9.29 | A | 100,374 | D | |
| Common StockF2 | May 5, 2015 | M | 428 | $12.02 | A | 100,802 | D | |
| Common StockF2 | May 5, 2015 | M | 12,187 | $12.34 | A | 112,989 | D | |
| Common StockF4,F5 | May 5, 2015 | S | 11,384 | $20.3552 | D | 101,605 | D | |
| Common StockF4,F6 | May 5, 2015 | S | 12,615 | $20.3816 | D | 88,990 | D | |
| Common StockF4,F6 | May 5, 2015 | S | 22,799 | $20.3814 | D | 66,191 | D | |
| Common Stock | May 5, 2015 | F | 42 | $20.31 | D | 66,149 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F1 | $9.29 | May 5, 2015 | M | 11,384 | D | — | Apr 30, 2020 | Common Stock | 11,384 | 0 | D |
| Employee Stock Option (right to buy)F1 | $12.02 | May 5, 2015 | M | 428 | D | — | Jul 14, 2020 | Common Stock | 428 | 0 | D |
| Employee Stock Option (right to buy)F3 | $12.34 | May 5, 2015 | M | 12,187 | D | — | Jan 18, 2022 | Common Stock | 12,187 | 2,813 | D |
Explanation of responses
- F1The option is fully vested.
- F2The exercise of options reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan.
- F3This option award vests as to 25% of the shares on 1/18/13 and the remaining shares vest in 36 equal installments thereafter from 1/18/13 to 1/18/16.
- F4The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan.
- F5Represents the weighted average sales price for a number of transactions effected at prices ranging from $20.05 to $20.99. The reporting person has provided to the issuer, and undertakes to provide upon request to the SEC staff, or any security holder of the issuer, information regarding the number of shares sold at each separate price within the range.
- F6Represents the weighted average sales price for a number of transactions effected at prices ranging from $20.06 to $20.99. The reporting person has provided to the issuer, and undertakes to provide upon request to the SEC staff, or any security holder of the issuer, information regarding the number of shares sold at each separate price within the range.