SEC Form 4 · accession 0000950103-15-001452

Ultra Clean Holdings, Inc. · UCTT

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

Reporting owner

Clarence L Granger

Director

Period of report

Feb 20, 2015

Accepted (ET)

Feb 24, 2015 · 8:00 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001275014

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I
Common Stock^F1	Feb 20, 2015	M	22,792	$6.55	A	247,803	D
Common Stock^F2	Feb 20, 2015	S	22,792	$8.5197	D	225,011	D
Common Stock	Feb 23, 2015	M	12,600	$6.55	A	237,611	D
Common Stock^F3	Feb 23, 2015	S	12,600	$8.2922	D	225,011	D
Common Stock	Feb 24, 2015	M	48,280	$6.55	A	273,291	D
Common Stock^F4	Feb 24, 2015	S	48,280	$8.3103	D	225,011	D

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Non-Qualified Stock Option (right to buy)^F5	$6.55	Feb 20, 2015	M	22,792	D	May 9, 2006	May 9, 2015	Common Stock	22,792	311,365	D
Non-Qualified Stock Option (right to buy)^F5	$6.55	Feb 23, 2015	M	12,600	D	May 9, 2006	May 9, 2015	Common Stock	12,600	298,765	D
Non-Qualified Stock Option (right to buy)^F5	$6.55	Feb 24, 2015	M	48,280	D	May 9, 2006	May 9, 2015	Common Stock	48,280	250,485	D

Explanation of responses

F1This total has been adjusted to reflect 109,217 shares that were forfeited when Mr. Granger retired as the Company's Chief Executive Officer effective as of January 19, 2015 from a total of three (3) restricted stock unit awards and one (1) performance restricted stock unit award. Mr. Granger remains as the Company's non-executive Chairman of the Board of Directors.
F2This is the weighted average sale price. Shares were sold in multiple transactions at prices from $8.50 to $8.66. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (2) to this Form 4.
F3This is the weighted average sale price. Shares were sold in multiple transactions at prices from $8.27 to $8.40. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (3) to this Form 4.
F4This is the weighted average sale price. Shares were sold in multiple transactions at prices from $8.20 to $8.42. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (4) to this Form 4.
F5The option becomes exercisable over 4 years from the date of grant (5/9/2005), with 25% becoming exercisable after the first year and monthly thereafter.