SEC Form 4 · accession 0001179110-15-005110
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 16, 2015
Accepted (ET)
Mar 17, 2015 · 6:56 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 16, 2015 | M | 4,210 | $20.37 | A | 12,241 | D | |
| Common StockF1 | Mar 16, 2015 | S | 3,910 | $32.6675 | D | 8,331 | D | |
| Common StockF2 | Mar 16, 2015 | S | 300 | $33.3367 | 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)F3 | $20.37 | Mar 16, 2015 | M | 4,210 | D | — | Mar 13, 2024 | Common Stock | 4,210 | 12,630 | D |
Explanation of responses
- F1This transaction was executed in multiple sales through a sale order executed by a broker-dealer at prices ranging from $32.32 to $32.95 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 transaction was executed in multiple sales through a sale order executed by a broker-dealer at prices ranging from $33.33 to $33.35. 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.
- F3This option vests and becomes exercisable in four equal annual installments beginning on March 13, 2015.