SEC Form 4 · accession 0001179110-15-002580
DTS, INC. · DTSI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Geir Skaaden
Officer — SVP Corp Bus Dev
Period of report
Feb 11, 2015
Accepted (ET)
Feb 13, 2015 · 7:49 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001226308
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF1,F2 | — | Feb 11, 2015 | A | 9,880 | A | — | — | Common Stock | 9,880 | 9,880 | D |
Explanation of responses
- F1Each restricted stock unit represents a right to receive one share of the Issuer's common stock.
- F2These restricted stock units vest in four equal annual installments beginning on February 15, 2016. The restricted stock units are payable in cash or shares of the Issuer's common stock unless stockholder approval is obtained for an increase in the number of shares available for issuance under the 2012 Equity Incentive Plan on or prior to December 31, 2015 in which case the restricted stock units will be payable solely in shares of the Issuer's common stock.