SEC Form 4 · accession 0001209191-16-095565
GigPeak, Inc. · GIG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andrea Betti-Berutto
Officer — CTO
Period of report
Feb 1, 2016
Accepted (ET)
Feb 3, 2016 · 9:01 pm EST
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 | Feb 1, 2016 | M | 3,019 | $0.00 | A | 92,081 | D | |
| Common StockF2,F3 | Feb 1, 2016 | F | 1,385 | $3.33 | D | 90,696 | D | |
| Common StockF4 | Feb 1, 2016 | M | 4,750 | $0.00 | A | 95,446 | D | |
| Common StockF5,F3 | Feb 1, 2016 | F | 2,178 | $3.33 | D | 93,268 | D | |
| Common StockF6 | Feb 1, 2016 | M | 2,500 | $0.00 | A | 95,768 | D | |
| Common StockF7,F3 | Feb 1, 2016 | F | 1,147 | $3.33 | D | 94,621 | D | |
| Common StockF8 | Feb 1, 2016 | M | 890 | $0.00 | A | 95,511 | D | |
| Common StockF9,F3 | Feb 1, 2016 | F | 409 | $3.33 | D | 95,102 | 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 | Feb 1, 2016 | M | 3,019 | D | — | — | Common Stock | 3,019 | 15,094 | D |
| Restricted Stock Units (RSUs)F4,F11 | $0.00 | Feb 1, 2016 | M | 4,750 | D | — | — | Common Stock | 4,750 | 43,250 | D |
| Restricted Stock Units (RSUs)F6,F12 | $0.00 | Feb 1, 2016 | M | 2,500 | D | — | — | Common Stock | 2,500 | 17,500 | D |
| Restricted Stock Units (RSUs)F8,F13 | $0.00 | Feb 1, 2016 | M | 890 | D | — | — | Common Stock | 890 | 2,664 | D |
Explanation of responses
- F13,019 Restricted Stock Units ("RSUs") issued in the grant to Mr. Betti-Berutto on 8/1/2013 vested on 2/1/2016 according to the vesting schedule previously reported.
- F10The 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.
- F11The 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, as previously reported.
- F12The RSUs vest in eight quarterly installments beginning on February 1, 2016 and ending on November 1, 2017, as previously reported.
- F13The RSUs vest in four quarterly installments beginning on February 1, 2016 and ending on November 1, 2016, as previously reported.
- F21,385 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 2/1/2016.
- F44,750 RSUs issued in the grant to Mr. Betti-Berutto on 2/10/2014 vested on 2/1/2016 according to the vesting schedule previously reported.
- F52,178 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.
- F62,500 RSUs issued in the grant to Mr. Betti-Berutto on 11/19/2015 vested on 2/1/2016 according to the vesting schedule previously reported.
- F71,147 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.
- F8890 RSUs issued in the grant to Mr. Betti-Berutto on 1/5/2016 vested on 2/1/2016 according to the vesting schedule previously reported.
- F9409 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.