SEC Form 4 · accession 0000753568-16-000198
EXAR CORP · EXAR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Behrooz L. Abdi
Director
Period of report
Oct 3, 2016
Accepted (ET)
Oct 4, 2016 · 9:34 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 | Oct 3, 2016 | A | 7,000 | $0.00 | A | 55,540 | 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)F2 | $9.74 | Oct 3, 2016 | A | 10,000 | A | — | Oct 3, 2023 | Common Stock | 10,000 | 10,000 | D |
Explanation of responses
- F1RSU's granted pursuant to Exar 2014 Equity Incentive Plan. RSU's granted to non-Employee Director which vest in full upon the earlier to occur of (i) the fourth anniversary of the award date or (ii) the annual meeting of the Corporation's stockholders that occurs in the fourth year following such Award date.
- F2Options granted pursuant to Exar 2014 Equity Incentive Plan. Options granted to non-employee directors which vest in full upon the fourth anniversary of the grant date.