SEC Form 4 · accession 0000904454-16-001570
MACOM Technology Solutions Holdings, Inc. · MTSI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alex Behfar
Officer — SVP & Chief Scientist,Photonic
Period of report
Nov 9, 2016
Accepted (ET)
Nov 14, 2016 · 7:24 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,F2 | Nov 9, 2016 | A | 3,242 | $0.00 | A | 22,376 | D | |
| Common StockF3 | Nov 9, 2016 | A | 25,000 | $0.00 | A | 47,376 | D | |
| Common StockF4 | Nov 9, 2016 | A | 25,000 | $0.00 | A | 72,376 | D | |
| Common StockF5 | Nov 9, 2016 | A | 4,190 | $0.00 | A | 76,566 | D | |
| Common StockF6 | Nov 9, 2016 | A | 4,120 | $0.00 | A | 80,686 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F7 | $40.25 | Nov 9, 2016 | A | 10,000 | A | — | Nov 8, 2023 | Common Stock | 10,000 | 10,000 | 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. These restricted stock units vest in four equal annual installments on May 15, 2018, May 15, 2019, May 15, 2020 and May 15, 2021, provided that the Reporting Person remains in continuous service with the Issuer through each vesting date.
- F2The reported ownership includes 465 shares acquired under the Issuer's Employee Stock Purchase Plan in May 2016.
- F3Restricted stock units, each representing the contingent right to receive one share of the Issuer's common stock. These restricted stock units vest 8,333, 8,333 and 8,334 shares each at November 15, 2017, November 15, 2018 and November 15, 2019.
- F4Restricted stock units, each representing the contingent right to receive one share of the Issuer's common stock. These restricted stock units vest 12,500 shares each at November 15, 2020 and November 15, 2021.
- F5Represents performance-based restricted stock units ("PRSUs") granted on April 22, 2015 to the Reporting Person under the Issuer's 2012 Omnibus Incentive Plan which vested on November 9, 2016. These PRSUs will settle in shares of Common Stock on May 15, 2017, provided that the Reporting Person remains in continuous service with the Issuer through the settlement date.
- F6Represents performance-based restricted stock units ("PRSUs") granted on November 13, 2015 to the Reporting Person under the Issuer's 2012 Omnibus Incentive Plan which vested on November 9, 2016. These PRSUs will settle in shares of Common Stock on May 15, 2017, provided that the Reporting Person remains in continuous service with the Issuer through the settlement date.
- F7The stock option vests in full upon achievement of a 30-day trailing average stock price based performance metric during the term of the stock option.