SEC Form 4 · accession 0001209191-16-148315
GigPeak, Inc. · GIG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Darren Ma
Officer — Vice President and CFO
Period of report
Nov 1, 2016
Accepted (ET)
Nov 3, 2016 · 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 | Nov 1, 2016 | M | 15,625 | $0.00 | A | 63,829 | D | |
| Common StockF2,F3 | Nov 1, 2016 | F | 5,872 | $2.39 | D | 57,957 | D | |
| Common StockF4 | Nov 1, 2016 | M | 1,875 | $0.00 | A | 59,832 | D | |
| Common StockF5,F3 | Nov 1, 2016 | F | 705 | $2.39 | D | 59,127 | D | |
| Common StockF6 | Nov 1, 2016 | M | 940 | $0.00 | A | 60,067 | D | |
| Common StockF7,F3 | Nov 1, 2016 | F | 354 | $2.39 | D | 59,713 | 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,F8 | $0.00 | Nov 1, 2016 | M | 15,625 | D | — | — | Common Stock | 15,625 | 125,000 | D |
| Restricted Stock Units (RSUs)F4,F9 | $0.00 | Nov 1, 2016 | M | 1,875 | D | — | — | Common Stock | 1,875 | 7,500 | D |
| Restricted Stock Units (RSUs)F6,F10 | $0.00 | Nov 1, 2016 | M | 940 | D | — | — | Common Stock | 940 | 0 | D |
Explanation of responses
- F115,625 Restricted Stock Units ("RSUs") issued in the grant to Mr. Ma on 11/13/2014 vested on 11/1/2016 according to the vesting schedule previously reported.
- F10The RSUs vest in four quarterly installments beginning on February 1, 2016 and ending on November 1, 2016, as previously reported.
- F25,872 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 11/1/2016.
- F41,875 RSUs issued in the grant to Mr. Ma on 11/19/2015 vested on 11/1/2016 according to the vesting schedule previously reported.
- F5705 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.
- F6940 RSUs issued in the grant to Mr. Ma on 1/5/2016 vested on 11/1/2016 according to the vesting schedule previously reported.
- F7354 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.
- F8The RSUs vest as follows: 25% vested on November 1, 2015. The remaining 75% vest in twelve quarterly installments thereafter, beginning on February 1, 2016 and ending on February 1, 2019, as previously reported.
- F9The RSUs vest in eight quarterly installments beginning on February 1, 2016 and ending on November 1, 2017, as previously reported.