SEC Form 4 · accession 0001181431-15-006434
GigPeak, Inc. · GIG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John J Mikulsky
Director
Period of report
May 1, 2015
Accepted (ET)
May 4, 2015 · 9:02 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001432150
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | May 1, 2015 | M | 3,510 | $0.00 | A | 172,519 | D | |
| Common StockF2 | May 1, 2015 | M | 1,307 | $0.00 | A | 173,826 | D | |
| Common StockF3 | May 1, 2015 | M | 2,500 | $0.00 | A | 176,326 | D | |
| Common StockF4 | May 1, 2015 | M | 14,667 | $0.00 | A | 190,993 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock Units (RSUs)F1,F5 | $0.00 | May 1, 2015 | M | 3,510 | D | — | — | Common Stock | 3,510 | 0 | D |
| Restricted Stock Units (RSUs)F2,F6 | $0.00 | May 1, 2015 | M | 1,307 | D | — | — | Common Stock | 1,307 | 10,455 | D |
| Restricted Stock Units (RSUs)F3,F7 | $0.00 | May 1, 2015 | M | 2,500 | D | — | — | Common Stock | 2,500 | 7,500 | D |
| Restricted Stock Units (RSUs)F4,F8 | $0.00 | May 1, 2015 | M | 14,667 | D | — | — | Common Stock | 14,667 | 29,333 | D |
Explanation of responses
- F13,510 Restricted Stock Units ("RSUs") issued in the grant to Mr. Mikulsky on 8/1/2013 vested on 2/1/2015 according to the vesting schedule previously reported.
- F21,307 RSUs issued in the grant to Mr. Mikulsky on 8/1/2013 vested on 2/1/2015 according to the vesting schedule previously reported.
- F32,500 RSUs issued in the grant to Mr. Mikulsky on 2/10/2014 vested on 2/1/2015 according to the vesting schedule previously reported.
- F414,667 RSUs issued in the grant to Mr. Mikulsky on 3/26/2015 vested on 2/1/2015 according to the vesting schedule previously reported.
- F5The RSUs vest in seven quarterly installments beginning on November 1, 2013 and ending on May 1, 2015, as previously reported.
- F6The RSUs vest as follows: 25% vested on May 1, 2014. The remaining 75% vest in twelve quarterly installments thereafter, beginning on August 1, 2014 and ending on May 1, 2017, as previously reported.
- F7The RSUs vest as follows: 25% vested on May 1, 2015. The remaining 75% vest in twelve quarterly installments thereafter, beginning on August 1, 2015 and ending on May 1, 2018.
- F8The RSUs vest in three quarterly installments beginning on May 1, 2015 and ending on November 1, 2015.
Remarks
As the Company's non-employee directors are not Company employees, the Company does not have a tax withholding obligation at the time of vesting, and the individual non-employee director will be responsible for any tax obligations which arises in connection with such vesting.