SEC Form 4 · accession 0001209191-17-051952
MAXIM INTEGRATED PRODUCTS INC · MXIM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sumeet Gagneja
Officer — VP and Principal Acct Officer
Period of report
Sep 5, 2017
Accepted (ET)
Sep 7, 2017 · 6:04 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 5, 2017 | A | 4,608 | $0.00 | A | 11,301 | D |
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 5, 2017 | A | 2,512 | A | — | — | Common Stock | 2,512 | 2,512 | D |
Explanation of responses
- F1Represents Restricted Stock Units that vest over sixteen quarters with the first vesting on February 15, 2018, 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 8/15/2021.