SEC Form 4 · accession 0001181431-15-006440
GigPeak, Inc. · GIG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andrea Betti-Berutto
Officer — CTO
Period of report
May 1, 2015
Accepted (ET)
May 4, 2015 · 9:05 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 | 13,484 | $0.00 | A | 89,342 | D | |
| Common StockF2,F3 | May 1, 2015 | F | 5,226 | $1.51 | D | 84,116 | D | |
| Common StockF4 | May 1, 2015 | M | 3,019 | $0.00 | A | 87,135 | D | |
| Common StockF5,F3 | May 1, 2015 | F | 1,180 | $1.51 | D | 85,955 | D | |
| Common StockF6 | May 1, 2015 | M | 19,000 | $0.00 | A | 104,955 | D | |
| Common StockF7,F3 | May 1, 2015 | F | 7,363 | $1.51 | D | 97,592 | D | |
| Common StockF8 | May 1, 2015 | M | 5,000 | $0.00 | A | 102,592 | D | |
| Common StockF9,F3 | May 1, 2015 | F | 1,938 | $1.51 | D | 100,654 | 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,F10 | $0.00 | May 1, 2015 | M | 13,484 | D | — | — | Common Stock | 13,484 | 0 | D |
| Restricted Stock Units (RSUs)F4,F11 | $0.00 | May 1, 2015 | M | 3,019 | D | — | — | Common Stock | 3,019 | 24,150 | D |
| Restricted Stock Units (RSUs)F6,F12 | $0.00 | May 1, 2015 | M | 19,000 | D | — | — | Common Stock | 19,000 | 57,500 | D |
| Restricted Stock Units (RSUs)F8,F13 | $0.00 | May 1, 2015 | M | 5,000 | D | — | — | Common Stock | 5,000 | 10,000 | D |
Explanation of responses
- F113,484 Restricted Stock Units ("RSUs") issued in the grant to Mr. Betti-Berutto on 8/1/2013 vested on 5/1/2015 according to the vesting schedule previously reported.
- F10The RSUs vest in seven quarterly installments beginning on November 1, 2013 and ending on May 1, 2015, as previously reported.
- F11The 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.
- F12The 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.
- F13The RSUs vest in three quarterly installments beginning on May 1, 2015 and ending on November 1, 2015.
- F25,226 shares of Common Stock were withheld by the Company for the purposes of satisfying tax withholding obligations in connection with such vesting as previously reported by the Company.
- F3The closing price of the Company's common stock on 5/1/2015.
- F43,019 RSUs issued in the grant to Mr. Betti-Berutto on 8/1/2013 vested on 5/1/2015 according to the vesting schedule previously reported.
- F51,180 shares of Common Stock were withheld by the Company for the purposes of satisfying tax withholding obligations in connection with such vesting as previously reported by the Company.
- F619,000 RSUs issued in the grant to Mr. Betti-Berutto on 2/10/2014 vested on 5/1/2015 according to the vesting schedule previously reported.
- F77,363 shares of Common Stock were withheld by the Company for the purposes of satisfying tax withholding obligations in connection with such vesting as previously reported by the Company.
- F85,000 RSUs issued in the grant to Dr. Mr. Betti-Berutto on 3/26/2015 vested on 5/1/2015 according to the vesting schedule previously reported.
- F91,938 shares of Common Stock were withheld by the Company for the purposes of satisfying tax withholding obligations in connection with such vesting as previously reported by the Company