SEC Form 4 · accession 0001209191-16-090454
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
Jan 5, 2016
Accepted (ET)
Jan 7, 2016 · 9:05 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 | 59,629 | A | — | — | Common Stock | 59,629 | 59,629 | D |
| Restricted Stock Units (RSUs)F1,F2,F4 | — | Jan 5, 2016 | A | 500,000 | A | — | — | Common Stock | 500,000 | 500,000 | 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. The Company will withhold shares of stock subject to the restricted stock units at the time of vesting for the purposes of satisfying any tax withholding obligations which arise 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.