SEC Form 4 · accession 0001179110-15-004834
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
Mar 11, 2015
Accepted (ET)
Mar 12, 2015 · 7:45 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001226308
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 11, 2015 | M | 2,145 | $27.49 | A | 11,659 | D | |
| Common Stock | Mar 11, 2015 | M | 2,966 | $19.75 | A | 14,625 | D | |
| Common StockF1 | Mar 11, 2015 | S | 6,594 | $32.5827 | D | 8,031 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F2 | $27.49 | Mar 11, 2015 | M | 2,145 | D | — | Feb 15, 2022 | Common Stock | 2,145 | 2,146 | D |
| Stock Optin (Right to Buy)F3 | $19.75 | Mar 11, 2015 | M | 2,966 | D | — | Feb 13, 2023 | Common Stock | 2,966 | 5,933 | D |
Explanation of responses
- F1This transaction was executed in multiple sales through a sale order executed by a broker-dealer at prices ranging from $32.29 to $33.00. The price reported in this column reflects the weighted average sale price. The Reporting Person will provide upon request to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- F2This option vests and becomes exercisable in four equal annual installments commencing on February 15, 2013.
- F3This option vests and becomes exercisable in four equal annual installments commencing on February 13, 2014.