SEC Form 4 · accession 0001209191-16-090448
GigPeak, Inc. · GIG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Neil Miotto
Director
Period of report
Jan 5, 2016
Accepted (ET)
Jan 7, 2016 · 9:03 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001432150
Table I — non-derivative securities
No Table I lines on this filing.
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,F2,F3 | — | Jan 5, 2016 | A | 26,667 | A | — | — | Common Stock | 26,667 | 26,667 | D |
| Restricted Stock Units (RSUs)F1,F2,F4 | — | Jan 5, 2016 | A | 10,000 | A | — | — | Common Stock | 10,000 | 10,000 | D |
Explanation of responses
- F1The Restricted Stock Units ("RSUs") were issued pursuant to the terms of the GigOptix 2008 Equity Incentive Plan and a Restricted Stock Unit Notice of Grant and Agreement. 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.
- F2Each RSU represents a contingent right to receive one share of GigOptix common stock.
- F3The RSUs vest in four quarterly installments beginning on February 1, 2016 and ending on November 1, 2016.
- F4The RSUs vest as follows: 25% vest on February 1, 2017. The remaining 75% vest in twelve quarterly installments thereafter, beginning on May 1, 2017 and ending on February 1, 2020.