SEC Form 4 · accession 0000753568-15-000036
EXAR CORP · EXAR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ning Chang
Officer — Sr. VP of Sales, Greater China
Period of report
May 1, 2015
Accepted (ET)
May 4, 2015 · 4:37 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000753568
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | May 1, 2015 | A | 10,000 | $0.00 | A | 10,000 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1RSU's granted pursuant to the 2014 Equity Incentive Plan. The RSU Grant will vest on a three-year vesting schedule, with one-third of the grant vesting on each of the first three anniversaries from the date of the grant; provided that if there is a Change of Control of the Company and the employee is terminated by the Company without Cause or for Good Reason on or within one year after the Change of Control of the Company, then the RSU Grant will vest on the date of such termination of employment.