SEC Form 4 · accession 0001140361-16-073537
Qorvo, Inc. · QRVO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven E Creviston
Officer — VP and Pres. Mobile Products
Period of report
Jul 26, 2016
Accepted (ET)
Jul 27, 2016 · 4:19 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 | Jul 26, 2016 | M | 41,250 | $24.60 | A | 161,025 | 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)F1,F2 | $24.60 | Jul 26, 2016 | M | 41,250 | D | — | Aug 1, 2016 | Common Stock | 41,250 | 0 | D |
Explanation of responses
- F1The reporting person engaged in an exercise and hold transaction with respect to these options, which would otherwise expire on August 1, 2016. On a future date, the reporting person will sell the equivalent number of common shares received upon this exercise.
- F2The option previously vested and became exercisable in four equal annual installments beginning on the first anniversary of the grant date.