SEC Form 4 · accession 0001140361-15-003872
Qorvo, Inc. · QRVO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
C Scott Gibson
Director
Period of report
Feb 2, 2015
Accepted (ET)
Feb 3, 2015 · 5:03 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001604778
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 2, 2015 | M | 5,560 | $32.27 | A | 8,032 | D | |
| Common Stock | Feb 2, 2015 | M | 5,100 | $35.90 | A | 13,132 | D | |
| Common StockF1 | Feb 2, 2015 | S | 4,500 | $72.74 | D | 8,632 | D | |
| Common StockF2 | Feb 2, 2015 | S | 6,160 | $73.35 | D | 2,472 | 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)F3 | $32.27 | Feb 2, 2015 | M | 5,560 | D | Nov 13, 2011 | May 13, 2021 | Common Stock | 5,560 | 0 | D |
| Stock Option (Right to Buy) | $35.90 | Feb 2, 2015 | M | 5,100 | D | May 12, 2014 | May 12, 2021 | Common Stock | 5,100 | 0 | D |
Explanation of responses
- F1The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $72.11 to $73.10, inclusive. The reporting person undertakes to provide to the issuer, any security holder 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 range set forth in this footnote.
- F2The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $73.11 to $73.43, inclusive. The reporting person undertakes to provide to the issuer, any security holder 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 range set forth in this footnote.
- F3The option vests as follows: 25% of the shares subject to the option vest on the date shown, which is six months after the date of grant, and an additional 12.5% of the shares subject to the option vest each calendar quarter thereafter so that the option is fully vested two years following the grant date.