SEC Form 4 · accession 0001209191-16-140516
MAXIM INTEGRATED PRODUCTS INC · MXIM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bruce E Kiddoo
Officer — CFO AND SENIOR VP
Period of report
Sep 6, 2016
Accepted (ET)
Sep 8, 2016 · 1:54 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 | Sep 6, 2016 | A | 15,000 | $0.00 | A | 69,870 | D | |
| Common Stock | holding | — | — | — | 77,524 | 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 SharesF3,F4 | $0.00 | Sep 6, 2016 | A | 24,000 | A | — | — | Common Stock | 24,000 | 24,000 | D |
Explanation of responses
- F1Represents Restricted Stock Units that vest over four quarters on February 15, 2020, May 15, 2020, August 15,2020 and November 15, 2020, subject to the individual's continuous status as an employee through such dates.
- F2Represents unvested Restricted Stock Units and Common Stock.
- F3Represents 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.
- F4Vesting of the Performance Share Units will be on 8/15/2020.