SEC Form 4 · accession 0001181431-15-006441
GigPeak, Inc. · GIG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Avi S Katz
Officer — President and CEO · Director
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 | 50,686 | $0.00 | A | 370,244 | D | |
| Common StockF2,F3 | May 1, 2015 | F | 27,041 | $1.51 | D | 343,203 | D | |
| Common StockF4 | May 1, 2015 | M | 8,050 | $0.00 | A | 351,253 | D | |
| Common StockF5,F3 | May 1, 2015 | F | 4,295 | $1.51 | D | 346,958 | D | |
| Common StockF6 | May 1, 2015 | M | 78,500 | $0.00 | A | 425,458 | D | |
| Common StockF7,F3 | May 1, 2015 | F | 41,880 | $1.51 | D | 383,578 | D | |
| Common StockF8 | May 1, 2015 | M | 102,375 | $0.00 | A | 485,953 | D | |
| Common StockF9,F3 | May 1, 2015 | F | 54,618 | $1.51 | D | 431,335 | 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 | 50,686 | D | — | — | Common Stock | 50,686 | 0 | D |
| Restricted Stock Units (RSUs)F4,F11 | $0.00 | May 1, 2015 | M | 8,050 | D | — | — | Common Stock | 8,050 | 64,400 | D |
| Restricted Stock Units (RSUs)F6,F12 | $0.00 | May 1, 2015 | M | 78,500 | D | — | — | Common Stock | 78,500 | 235,500 | D |
| Restricted Stock Units (RSUs)F8,F13 | $0.00 | May 1, 2015 | M | 102,375 | D | — | — | Common Stock | 102,375 | 204,750 | D |
Explanation of responses
- F150,686 Restricted Stock Units ("RSUs") issued in the grant to Dr. Katz 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.
- F227,041 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.
- F48,050 RSUs issued in the grant to Dr. Katz on 8/1/2013 vested on 5/1/2015 according to the vesting schedule previously reported.
- F54,295 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.
- F678,500 RSUs issued in the grant to Dr. Katz on 2/10/2014 vested on 5/1/2015 according to the vesting schedule previously reported.
- F741,880 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.
- F8102,375 RSUs issued in the grant to Dr. Katz on 3/26/2015 vested on 5/1/2015 according to the vesting schedule previously reported.
- F954,618 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.