SEC Form 4 · accession 0000904454-15-000718
MACOM Technology Solutions Holdings, Inc. · MTSI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert McMullan
Officer — SVP, Chief Financial Officer
Period of report
Nov 13, 2015
Accepted (ET)
Nov 17, 2015 · 9:15 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001493594
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Nov 13, 2015 | A | 5,155 | $0.00 | A | 74,807 | D | |
| Common Stock | Nov 16, 2015 | S | 1,500 | $31.95 | D | 73,307 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F3 | $32.10 | Nov 13, 2015 | A | 20,000 | A | — | Nov 12, 2022 | Common Stock | 20,000 | 20,000 | D |
Explanation of responses
- F1Represents restricted stock units granted to the Reporting Person under the Issuer's 2012 Omnibus Incentive Plan. Each restricted stock unit represents the contingent right to receive one share of the Issuer's common stock. The restricted stock units vest in four equal annual installments on May 15, 2017, May 15, 2018, May 15, 2019 and May 15, 2020, provided that the Reporting Person remains in continuous service with the Issuer through each vesting date.
- F2The shares were sold pursuant to a sales plan adopted by the Reporting Person and intended to comply with Rule 10b5-1 under the Securities Exchange Act of 1934.
- F3The stock option vests upon achievement of a 30-day trailing average stock price based performance metric during the term of the stock option.