SEC Form 4 · accession 0001140361-15-021701
Qorvo, Inc. · QRVO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James L Klein
Officer — VP and Pres. Infra. & Defense
Period of report
May 22, 2015
Accepted (ET)
May 26, 2015 · 4:38 pm EDT
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 | May 22, 2015 | M | 4,055 | $16.70 | A | 31,010 | D | |
| Common Stock | May 22, 2015 | S | 4,055 | $83.50 | D | 26,955 | 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)F1 | $16.70 | May 22, 2015 | M | 4,055 | D | Aug 5, 2012 | Aug 5, 2021 | Common Stock | 4,055 | 4,057 | D |
Explanation of responses
- F1The option vests as follows: 25% of the shares subject to the option vest on the date shown, which is one year after the date of grant, and an additional 6.25% of the shares subject to the option vest each calendar quarter thereafter over the next twelve quarters.