SEC Form 4 · accession 0001209191-18-057842
SKYWORKS SOLUTIONS, INC. · SWKS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David J Aldrich
Director
Period of report
Nov 7, 2018
Accepted (ET)
Nov 8, 2018 · 7:30 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 7, 2018 | A | 10,178 | $0.00 | A | 152,430 | D | |
| Common StockF2 | Nov 7, 2018 | F | 4,546 | $82.65 | D | 147,884 | D | |
| Common StockF3 | holding | — | — | — | 19,961 | I | By 401(k) plan |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents 10,178 shares of common stock issued to the Reporting Person pursuant to a performance share award dated 11/7/2017. 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 2018. Pursuant to the Second Amended and Restated Change of Control/Severance Agreement between the Reporting Person and the Issuer, the number of shares issued to the Reporting Person represents that number of shares that would have been issued under the award on 11/7/2018 and 11/7/2019, based on achievement by the Issuer of the applicable performance metrics, and then prorated for the number of days during which the Reporting Person performed services for the Issuer during fiscal year 2018 prior to his cessation of employment.
- 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.
- F3This 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 10/31/2018.