SEC Form 4 · accession 0000310568-15-000053
MICROSEMI CORP · MSCC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dennis R Leibel
Director · Other
Period of report
Feb 24, 2015
Accepted (ET)
Feb 26, 2015 · 7:28 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000310568
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Microsemi Common StockF1 | Feb 24, 2015 | M | 4,000 | $25.54 | A | 22,077 | D | |
| Microsemi Common StockF1 | Feb 24, 2015 | S | 4,000 | $31.55 | D | 18,077 | D | |
| Microsemi Common StockF2 | holding | — | — | — | 23,000 | I | Defined Benefit Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option to Buy Common StockF1,F3 | $25.54 | Feb 24, 2015 | M | 4,000 | D | — | Sep 30, 2015 | Microsemi Common Stock | 4,000 | 20,000 | D |
Explanation of responses
- F1The transactions reported on this form were executed pursuant to a 10b5-1 plan.
- F2Shares are held in a defined benefit pension plan in which the reporting person is the sole trustee and sole beneficiary.
- F3This non-qualified stock option was granted pursuant to Microsemi Corporation's 1987 Stock Plan, which satisfied the requirements of Rule 16b-3. The option became exercisable on the date of grant.