SEC Form 4 · accession 0000753568-16-000156
EXAR CORP · EXAR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James Lougheed
Officer — Senior VP, Sales and Marketing
Period of report
May 2, 2016
Accepted (ET)
May 4, 2016 · 4:45 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000753568
Table I — non-derivative securities
No Table I lines on this filing.
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)F1 | $6.18 | May 2, 2016 | A | 8,333 | A | — | May 2, 2023 | Common Stock | 8,333 | 8,333 | D |
| Non-Qualified Stock Option (right to buy)F1 | $6.18 | May 2, 2016 | A | 71,667 | A | — | May 2, 2023 | Common Stock | 71,667 | 71,667 | D |
Explanation of responses
- F1Options 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.