SEC Form 4 · accession 0001127602-15-024383

Freescale Semiconductor, Ltd. · FSL

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

Reporting owner

Daniel Durn

Officer — SVP & Chief Financial Officer

Period of report

Aug 4, 2015

Accepted (ET)

Aug 6, 2015 · 6:05 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
Common Shares	Aug 4, 2015	M	21,699	$23.87	A	156,833	D
Common Shares	Aug 4, 2015	M	8,402	$23.87	A	165,235	D
Common Shares^F2	Aug 4, 2015	S	33,050	$39.1627	D	132,185	D
Common Shares^F3	Aug 4, 2015	S	16,351	$39.7896	D	115,834	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)^F4	$23.87	Aug 4, 2015	M	21,699	D	—	Jul 5, 2021	Common Shares	21,699	65,098	D
Employee Stock Option (Right to Buy)^F5	$23.87	Aug 4, 2015	M	8,402	D	—	Jul 5, 2021	Common Shares	8,402	25,207	D

Explanation of responses

F1The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 6, 2015.
F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $38.67 to $39.63, 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.
F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $39.67 to $39.93, 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.
F4The employee stock option, granted on July 5, 2014, granted Mr. Durn the right to purchase up to 86,797 shares, and 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).
F5The employee stock option, granted on July 5, 2014, granted Mr. Durn the right to purchase up to 33,609 shares, and 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).