SEC Form 4 · accession 0001181431-15-002552

TESSERA TECHNOLOGIES INC · TSRA

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — CEO · Director

Period of report

Feb 12, 2015

Accepted (ET)

Feb 13, 2015 · 7:35 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
Common Stock^F1	Feb 12, 2015	M	12,500	$20.71	A	625,607	D
Common Stock^F1	Feb 12, 2015	M	70,747	$18.84	A	696,354	D
Common Stock^F2,F1	Feb 12, 2015	S	100,907	$39.5873	D	595,447	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Stock Option (Right to Buy)^F3	$20.71	Feb 12, 2015	M	12,500	D	—	May 28, 2023	Common Stock	12,500	17,500	D
Stock Option (Right to Buy)^F4	$18.84	Feb 12, 2015	M	70,747	D	—	Dec 8, 2023	Common Stock	70,747	367,253	D

F1Reflects the adjusted total which includes a purchase of 917 shares under the Tessera Technologies, Inc. Employee Stock Purchase Plan in a transaction exempt from Section 16(b) pursuant to Rule 16b-3(c).
F2Represents the weighted average sale price for the entire number of shares sold. The sale prices range from $39.50 to $40.72 per share. Information on the actual numbers of shares sold at each sale price is available upon request.
F3Shares subject to this stock option become exercisable as they vest. Twenty-five percent of the aggregate number of shares subject to this stock option vest and become exercisable on the first anniversary of the date of grant. Thereafter, the remaining shares subject to this stock option vests and becomes exercisable ratably in equal monthly installments over the following thirty-six months so that the entire number of shares subject to this stock option becomes fully vested and exercisable on the fourth anniversary of the grant date.
F4Shares subject to this stock option become exercisable as they vest. Twenty-five percent of the aggregate number of shares subject to this stock option vests and becomes exercisable on the first, the second, the third and the fourth anniversary of the grant date, so that the entire number of shares subject to this stock option becomes fully vested and exercisable on the fourth anniversary of the grant date.