SEC Form 4 · accession 0001127602-15-001380
Freescale Semiconductor, Ltd. · FSL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Randy Hyzak
Officer — VP & Chief Accounting Officer
Period of report
Jan 5, 2015
Accepted (ET)
Jan 7, 2015 · 7:21 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001392522
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common SharesF1 | Jan 5, 2015 | A | 4,737 | $0.00 | A | 35,956 | D | |
| Common Shares | Jan 6, 2015 | S | 636 | $24.157 | D | 35,320 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F3 | $24.63 | Jan 5, 2015 | A | 11,869 | A | — | Jan 5, 2022 | Common Shares | 11,869 | 11,869 | D |
Explanation of responses
- F1Reflects the award of restricted share units that vest at the rate of 25% per year on each anniversary of January 5, 2015 grant date so that the award is fully vested on the fourth anniversary of the grant date (subject to the terms of the reporting person's award agreement).
- F2Shares were automatically sold to cover tax withholding obligations associated with the vesting of a restricted share unit award.
- F3The employee stock option vests at the rate of 25% per year on each anniversary of the January 5, 2015 grant date so that the option award is fully vested on the fourth anniversary of the grant date (subject to the terms of the reporting person's award agreement).