SEC Form 4 · accession 0001209191-15-017844
PMC SIERRA INC · PMCS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven J Geiser
Officer — VP Finance and CFO
Period of report
Feb 20, 2015
Accepted (ET)
Feb 24, 2015 · 4:47 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 20, 2015 | M | 100,000 | $5.23 | A | 233,175 | D | |
| Common StockF1 | Feb 20, 2015 | S | 100,000 | $9.4877 | D | 133,175 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common StockF2 | $5.23 | Feb 20, 2015 | M | 100,000 | D | — | Dec 4, 2022 | Common Stock | 100,000 | 285,000 | D |
Explanation of responses
- F1The sale price reported in Table 1 represents the weighted average sale price of the shares sold ranging from $9.42 to $9.54 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.
- F2One-fourth of the shares subject to the option vested on December 4, 2013 and one forty-eighth of the shares shall vest monthly thereafter.