SEC Form 4/A · accession 0000753568-15-000089
EXAR CORP · EXAR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
James Lougheed
Officer — VP, Component Products
Period of report
Sep 14, 2015
Accepted (ET)
Sep 17, 2015 · 2:22 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 StockF1 | Sep 14, 2015 | A | 0 | $0.00 | A | 26,012 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Incentive Stock Option (right to buy)F2 | $5.92 | Sep 14, 2015 | A | 29,501 | A | — | Sep 14, 2022 | Common Stock | 29,501 | 29,501 | D |
| Non-Qualified Stock Option (right to buy)F2 | $5.92 | Sep 14, 2015 | A | 120,499 | A | — | Sep 14, 2022 | Common Stock | 120,499 | 120,499 | D |
Explanation of responses
- F1On September 15, 2015, the reporting person mistakenly filed a Form 4 reporting the grant of 150,000 restricted stock units with respect to the issuer's common stock. The grant to the reporting person was actually an option to purchase 150,000 shares of the issuer's common stock as reported in table II of this Form 4. As of September 15, 2015, the reporting person owned 26,012 shares of common stock.
- F2Options granted pursuant to the 2014 Equity Incentive Plan; options vest over 4 years, 25% on the first anniversary of the grant date, and 1/36 of remaining shares monthly thereafter.