SEC Form 4 · accession 0001504094-15-000002
MENTOR GRAPHICS CORP · MENT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory K Hinckley
Officer — President · Director
Period of report
Mar 9, 2015
Accepted (ET)
Mar 10, 2015 · 6:51 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000701811
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 9, 2015 | M | 9,661 | $10.35 | A | 450,711 | D | |
| Common Stock | Mar 9, 2015 | M | 7,333 | $10.63 | A | 485,044 | D | |
| Common Stock | Mar 9, 2015 | M | 110,000 | $10.35 | A | 568,044 | D | |
| Common StockF1 | Mar 9, 2015 | S | 110,000 | $23.11 | D | 485,044 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options | $10.35 | Mar 9, 2015 | M | 119,661 | D | Sep 15, 2014 | Sep 15, 2020 | Common Stock | 119,661 | 32,396 | D |
| Stock OptionsF2 | $10.63 | Mar 9, 2015 | M | 7,333 | D | — | Sep 14, 2021 | Common Stock | 7,333 | 69,664 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.99 to $23.18. The reporting person undertakes to provide to Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this range.
- F2Options become exercisable over a four year period where on 9/14/2012, 25% of the total shares granted vest and an additional 1/48th vest each month thereafter.