SEC Form 4 · accession 0001209191-15-019663
PMC SIERRA INC · PMCS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Travis Karr
Officer — VP, GM Enterprise Storage Div
Period of report
Feb 25, 2015
Accepted (ET)
Feb 27, 2015 · 4:59 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 StockF1 | Feb 25, 2015 | A | 15,788 | $0.00 | A | 187,839 | D | |
| Common StockF2 | Feb 26, 2015 | F | 7,274 | $9.26 | D | 180,565 | D | |
| Common StockF3 | Feb 26, 2015 | F | 12,078 | $9.26 | D | 168,487 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These are performance-based restricted stock units that were converted to shares pursuant to the satisfaction of certain performance criteria for the performance period of December 29, 2013 to December 27, 2014.
- F2The shares were sold (Sell to Cover) by the Issuer in satisfaction of the withholding taxes incurred in connection with the vesting of performance-based restricted stock units awarded to the Reporting Person.
- F3The shares were sold (Sell to Cover) by the Issuer in satisfaction of the withholding taxes incurred in connection with the vesting of restricted stock units previously awarded to the Reporting Person.