SEC Form 4 · accession 0001209191-15-017377
PMC SIERRA INC · PMCS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory S Lang
Officer — President and CEO · Director
Period of report
Feb 19, 2015
Accepted (ET)
Feb 23, 2015 · 6:01 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000767920
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 19, 2015 | M | 25,000 | $5.71 | A | 438,276 | D | |
| Common Stock | Feb 19, 2015 | M | 183,000 | $4.98 | A | 621,276 | D | |
| Common StockF1 | Feb 19, 2015 | S | 208,000 | $9.4685 | D | 413,276 | D | |
| Common Stock | Feb 20, 2015 | M | 179,375 | $5.71 | A | 592,651 | D | |
| Common StockF2 | Feb 20, 2015 | S | 179,375 | $9.4656 | D | 413,276 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common StockF3 | $5.71 | Feb 19, 2015 | M | 25,000 | D | — | Aug 7, 2022 | Common Stock | 25,000 | 302,000 | D |
| Common StockF4 | $4.98 | Feb 19, 2015 | M | 183,000 | D | — | Mar 3, 2019 | Common Stock | 183,000 | 0 | D |
| Common StockF3 | $5.71 | Feb 20, 2015 | M | 179,375 | D | — | Aug 7, 2022 | Common Stock | 179,375 | 122,625 | D |
Explanation of responses
- F1The sale price reported in Table 1 represents the weighted average sale price of the shares sold ranging from $9.36 to $9.49 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
- F2The sale price reported in Table 1 represents the weighted average sale price of the shares sold ranging from $9.33 to $9.545 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price
- F3One-fourth of the shares subject to the option vested on August 7, 2013 and one forty-eighth of the shares shall vest monthly thereafter.
- F4Fully vested.