SEC Form 4 · accession 0001127602-15-018407
Freescale Semiconductor, Ltd. · FSL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert J Conrad
Officer — SVP, GM Automotive MCUs
Period of report
May 21, 2015
Accepted (ET)
May 22, 2015 · 5:31 pm EDT
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 Shares | May 21, 2015 | M | 40,000 | $9.32 | A | 140,678 | D | |
| Common Shares | May 21, 2015 | M | 24,156 | $13.91 | A | 164,834 | D | |
| Common Shares | May 21, 2015 | M | 12,501 | $15.37 | A | 177,335 | D | |
| Common SharesF1 | May 21, 2015 | S | 107,169 | $42.9169 | D | 70,166 | 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)F2 | $9.32 | May 21, 2015 | M | 40,000 | D | — | Nov 5, 2019 | Common Shares | 40,000 | 40,000 | D |
| Employee Stock Option (Right to Buy)F3 | $13.91 | May 21, 2015 | M | 24,156 | D | — | Apr 2, 2020 | Common Shares | 24,156 | 24,158 | D |
| Employee Stock Option (Right to Buy)F4 | $15.37 | May 21, 2015 | M | 12,501 | D | — | Jan 5, 2021 | Common Shares | 12,501 | 37,505 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $42.81 to $43.01, inclusive. The reporting person undertakes to provide to Freescale Semiconductor, Ltd., any security holder of Freescale Semiconductor, Ltd., 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 this footnote.
- F2The employee stock option, granted on November 5, 2012, granted Mr. Conrad the right to purchase up to 80,000 shares, vests at the rate of 25% per year on each anniversary of the 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).
- F3The employee stock option, granted on April 2, 2013, granted Mr. Conrad the right to purchase up to 48,314 shares, vests at the rate of 25% per year on each anniversary of the 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).
- F4The employee stock option, granted on January 5, 2014, granted Mr. Conrad the right to purchase up to 50,006 shares, vests at the rate of 25% per year on each anniversary of the 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).