SEC Form 4 · accession 0001417606-15-000005
ENTROPIC COMMUNICATIONS INC · ENTR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lance Bridges
Officer — Senior VP and General Counsel
Period of report
Apr 13, 2015
Accepted (ET)
Apr 14, 2015 · 8:57 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001227930
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Apr 13, 2015 | M | 2,850 | $0.00 | A | 123,573 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF2,F3 | — | Apr 13, 2015 | M | 2,850 | D | — | — | Common Stock | 2,850 | 41,800 | D |
Explanation of responses
- F1The reporting persons end of period holdings include 2,500 shares purchased on 10/31/14, under the Companys Employee Stock Purchase Plan and are owned directly by the reporting person.
- F2Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
- F3The shares vested in four equal annual installments, beginning one year after the Vesting Commencement Date of April 13, 2011. Additionally, grant is subject to accelerated vesting on the terms and conditions set forth in such individual's Change of Control Agreement.