SEC Form 4 · accession 0001209191-16-142554
TESSERA TECHNOLOGIES INC · TSRA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert J Andersen
Officer — Executive VP and CFO
Period of report
Sep 20, 2016
Accepted (ET)
Sep 22, 2016 · 7:55 pm EDT
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 Stock | Sep 20, 2016 | M | 13,000 | $19.73 | A | 85,805 | D | |
| Common Stock | Sep 20, 2016 | S | 21,521 | $35.00 | D | 64,284 | 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 | $19.73 | Sep 20, 2016 | M | 13,000 | D | — | Jan 1, 2024 | Common Stock | 13,000 | 39,000 | D |
Explanation of responses
- F1The sale is made pursuant to terms of 10b5-1 plan in effect at the time of sale of the shares.
- F2Twenty-five percent (25%) of the shares subject to this stock option vest and become exercisable on each of January 2, 2015, January 2, 2016, January 2, 2017 and January 2, 2018.