SEC Form 4 · accession 0001209191-16-149507
SKYWORKS SOLUTIONS, INC. · SWKS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Laura A Gasparini
Officer — VP, Human Resources
Period of report
Nov 9, 2016
Accepted (ET)
Nov 10, 2016 · 9:21 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000004127
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Nov 9, 2016 | A | 645 | $0.00 | A | 8,782 | D | |
| Common StockF2 | Nov 9, 2016 | F | 211 | $77.66 | D | 8,571 | D | |
| Common StockF3 | Nov 10, 2016 | A | 1,500 | $0.00 | A | 10,071 | D | |
| Common StockF2 | Nov 10, 2016 | F | 490 | $75.91 | D | 9,581 | D | |
| Common StockF4 | holding | — | — | — | 446 | I | By spouse | |
| Common StockF5 | holding | — | — | — | 787 | I | By 401(k) plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF6,F7 | — | Nov 9, 2016 | A | 2,317 | A | — | — | Common Stock | 2,317 | 2,317 | D |
| Employee Stock Option (Right to Buy)F8 | $77.66 | Nov 9, 2016 | A | 7,926 | A | — | Nov 9, 2023 | Common Stock | 7,926 | 7,926 | D |
Explanation of responses
- F1Represents 645 shares of common stock issued to the Reporting Person pursuant to a performance share award dated 11/9/2015. Such performance share award contained both a continued employment condition and a performance condition related to the achievement by the Issuer of certain pre-established performance metrics for fiscal year 2016.
- F2Transfer of stock to the Issuer of the number of common shares determined to be sufficient to satisfy tax withholding obligations related to the issuance of unrestricted stock to the Reporting Person.
- F3Represents 1,500 shares of common stock issued to the Reporting Person pursuant to a performance share award dated 11/10/2014. Such performance share award contained both a continued employment condition and a performance condition related to the achievement by the Issuer of certain pre-established performance metrics for fiscal year 2015.
- F4This total represents the number of shares of common stock held by the spouse of the Reporting Person. The Reporting Person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these securities for the purposes of Section 16 or for any other purposes.
- F5This total represents the number of shares of common stock held by the Reporting Person in the Skyworks Solutions, Inc. 401(k) plan based on the latest plan statement dated 10/31/2016.
- F6Each restricted stock unit represents the contingent right to receive one (1) share of common stock upon vesting of the unit.
- F7The restricted stock units vest in four (4) equal installments, beginning on 11/9/2017 and ending on 11/9/2020.
- F8This stock option vests in four (4) equal installments, beginning on 11/9/2017 and ending on 11/9/2020.