SEC Form 4 · accession 0000753568-15-000041
EXAR CORP · EXAR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gary Meyers
Director
Period of report
May 18, 2015
Accepted (ET)
May 20, 2015 · 1:05 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 18, 2015 | M | 12,000 | $7.81 | A | 82,625 | D | |
| Common Stock | May 18, 2015 | S | 12,000 | $10.684 | D | 70,625 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F1 | $7.81 | May 18, 2015 | M | 12,000 | D | — | Jun 2, 2015 | Common Stock | 12,000 | 0 | D |
Explanation of responses
- F1Options granted pursuant to the 2006 Exar Corporation Equity Incentive plan; options vest 33 1/3% per year on the anniversary date of the grant, 6/2/08.