SEC Form 4 · accession 0000904454-16-000906
MACOM Technology Solutions Holdings, Inc. · MTSI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Croteau
Officer — President and CEO · Director
Period of report
May 15, 2014
Accepted (ET)
Feb 3, 2016 · 4:32 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 | Jan 28, 2016 | G | 973 | $0.00 | D | 136,761 | D | |
| Common StockF3,F1 | Feb 1, 2016 | S | 3,000 | $39.00 | D | 133,761 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Reflects an adjustment from previously reported ownership to exclude 43,048 shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of Restricted Stock Unit ("RSU") awards which is exempt under Rule 16b-3. This inadvertent reporting error included (i) 14,767 shares withheld at $16.19 per share in connection with 43,035 RSUs that vested on May 15, 2014; (ii) 5,133 shares withheld at $16.49 per share in connection with 15,659 RSUs that vested on February 15, 2015; and (iii) 23,148 shares withheld at $35.14 per share in connection with 53,396 RSUs that vested on May 15, 2015. The reported ownership also includes 1,088 shares acquired under the Issuer's 2012 Employee Stock Purchase Plan.
- 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 price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $38.64 to $39.37. The Reporting Person undertakes to provide to the Issuer, any shareholder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.