SEC Form 4 · accession 0000310568-15-000101
MICROSEMI CORP · MSCC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John W Hohener
Officer — EVP & Chief Financial Officer
Period of report
May 14, 2015
Accepted (ET)
May 18, 2015 · 6:20 pm EDT
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 Stock | May 14, 2015 | M | 30,000 | $30.50 | A | 97,863 | D | |
| Microsemi Common Stock | May 14, 2015 | S | 30,000 | $33.7625 | D | 67,863 | 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 to Buy Common StockF1 | $30.50 | May 14, 2015 | M | 30,000 | D | — | Jan 13, 2016 | Microsemi Common Stock | 30,000 | 40,000 | D |
Explanation of responses
- F1This grant of stock options was issued pursuant to Microsemi Corporation's 1987 Stock Plan, which satisfied the requirements of Rule 16b-3. The option became exercisable in four equal annual installments, commencing one year after the date of the grant.