SEC Form 4 · accession 0001209191-16-140500
MAXIM INTEGRATED PRODUCTS INC · MXIM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Tunc Doluca
Officer — PRESIDENT, CEO & DIRECTOR · Director
Period of report
Sep 6, 2016
Accepted (ET)
Sep 8, 2016 · 1:29 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000743316
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2,F3 | Sep 6, 2016 | A | 39,500 | $0.00 | A | 168,594 | D | |
| Common StockF3 | holding | — | — | — | 1,363,213 | I | By Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance SharesF4,F5 | $0.00 | Sep 6, 2016 | A | 63,200 | A | — | — | Common Stock | 63,200 | 63,200 | D |
Explanation of responses
- F1Represents Restricted Stock Units that vest over four quarters on February 15, 2020, May 15, 2020, August 15, 2020, November 15, 2020, subject to the individual's continuous status as an employee through such dates.
- F2Represents unvested Restricted Stock Units and Common Stock.
- F3Includes the transfer of 39,860 shares from direct holdings to indirect holdings.
- F4Represents the target number of Performance Shares that will be earned, if at all,based on the achievement of certain pre-established performance goals. Each Performance Share Unit represents a contingent right to receive one share of MXIM common stock.
- F5Vesting of the Performance Share Units will be on 8/15/2020.