SEC Form 4 · accession 0001209191-16-149509
SKYWORKS SOLUTIONS, INC. · SWKS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Liam Griffin
Officer — President and CEO · Director
Period of report
Nov 9, 2016
Accepted (ET)
Nov 10, 2016 · 9:23 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 | 2,214 | $0.00 | A | 49,246 | D | |
| Common StockF2 | Nov 9, 2016 | F | 1,156 | $77.66 | D | 48,140 | D | |
| Common StockF3 | Nov 10, 2016 | A | 11,800 | $0.00 | A | 59,940 | D | |
| Common StockF2 | Nov 10, 2016 | F | 6,158 | $75.91 | D | 53,782 | D | |
| Common StockF4 | holding | — | — | — | 11,642 | 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 UnitF5,F6 | — | Nov 9, 2016 | A | 15,451 | A | — | — | Common Stock | 15,451 | 15,451 | D |
| Employee Stock Option (Right to Buy)F7 | $77.66 | Nov 9, 2016 | A | 52,845 | A | — | Nov 9, 2023 | Common Stock | 52,845 | 52,845 | D |
Explanation of responses
- F1Represents 2,214 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 11,800 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 Reporting Person in the Skyworks Solutions, Inc. 401(k) plan based on the latest plan statement dated 10/31/2016.
- F5Each restricted stock unit represents the contingent right to receive one (1) share of common stock upon vesting of the unit.
- F6The restricted stock units vest in four (4) equal installments, beginning on 11/9/2017 and ending on 11/9/2020.
- F7This stock option vests in four (4) equal installments, beginning on 11/9/2017 and ending on 11/9/2020.