SEC Form 4 · accession 0000921895-15-000488
TESSERA TECHNOLOGIES INC · TSRA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter A Feld
Director
Period of report
Feb 18, 2015
Accepted (ET)
Feb 20, 2015 · 7:57 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001261694
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 18, 2015 | S | 48,414 | $39.7365 | D | 2,024,270 | I | Starboard V&O MF |
| Common StockF2 | Feb 18, 2015 | S | 17,190 | $39.7365 | D | 718,777 | I | Managed Account |
| Common StockF3 | Feb 18, 2015 | S | 10,961 | $39.7365 | D | 458,311 | I | Starboard V&O SLLC |
| Common StockF4 | Feb 18, 2015 | S | 3,435 | $39.7365 | D | 143,642 | I | Starboard V&O CLP |
| Common StockF1 | Feb 19, 2015 | S | 42,361 | $39.6796 | D | 1,981,909 | I | Starboard V&O MF |
| Common StockF2 | Feb 19, 2015 | S | 15,042 | $39.6796 | D | 703,735 | I | Managed Account |
| Common StockF3 | Feb 19, 2015 | S | 9,591 | $39.6796 | D | 448,720 | I | Starboard V&O SLLC |
| Common StockF4 | Feb 19, 2015 | S | 3,006 | $39.6796 | D | 140,636 | I | Starboard V&O CLP |
| Common StockF1 | Feb 20, 2015 | S | 60,517 | $39.8656 | D | 1,921,392 | I | Starboard V&O MF |
| Common StockF2 | Feb 20, 2015 | S | 21,488 | $39.8656 | D | 682,247 | I | Managed Account |
| Common StockF3 | Feb 20, 2015 | S | 13,701 | $39.8656 | D | 435,019 | I | Starboard V&O SLLC |
| Common StockF4 | Feb 20, 2015 | S | 4,294 | $39.8656 | D | 136,342 | I | Starboard V&O CLP |
| Common Stock | holding | — | — | — | 22,013 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares owned directly by Starboard Value and Opportunity Master Fund Ltd ("Starboard V&O MF"). The Reporting Person, solely by virtue of his position as a member of the Management Committee of Starboard Value GP LLC ("Starboard Value GP"), the general partner of the investment manager of Starboard V&O MF, and as a member and member of the Management Committee of Starboard Principal Co GP LLC, the general partner of the member of Starboard Value GP, may be deemed to beneficially own the shares owned directly by Starboard V&O MF for purposes of Section 16. The Reporting Person expressly disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
- F2Shares held in an account (the "Managed Account") managed by Starboard Value LP. The Reporting Person, solely by virtue of his position as a member of the Management Committee of Starboard Value GP, the general partner of Starboard Value LP, and as a member and member of the Management Committee of Starboard Principal Co GP LLC, the general partner of the member of Starboard Value GP, may be deemed to beneficially own the shares held in the Managed Account for purposes of Section 16. The Reporting Person expressly disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
- F3Shares owned directly by Starboard Value and Opportunity S LLC ("Starboard V&O SLLC"). The Reporting Person, solely by virtue of his position as a member of the Management Committee of Starboard Value GP, the general partner of the manager of Starboard V&O SLLC, and as a member and member of the Management Committee of Starboard Principal Co GP LLC, the general partner of the member of Starboard Value GP, may be deemed to beneficially own the shares owned directly by Starboard V&O SLLC for purposes of Section 16. The Reporting Person expressly disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
- F4Shares owned directly by Starboard Value and Opportunity C LP ("Starboard V&O CLP"). The Reporting Person, solely by virtue of his position as a member of the Management Committee of Starboard Value GP, the general partner of the investment manager of Starboard V&O CLP, and as a member and member of the Management Committee of Starboard Principal Co GP LLC, the general partner of the member of Starboard Value GP, may be deemed to beneficially own the shares owned directly by Starboard V&O CLP for purposes of Section 16. The Reporting Person expressly disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.