SEC Form 4 · accession 0001209191-15-068285
PMC SIERRA INC · PMCS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David M Fein
Officer — VP of Worldwide Sales
Period of report
Aug 25, 2015
Accepted (ET)
Aug 27, 2015 · 6:11 pm EDT
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,F2 | Aug 25, 2015 | A | 17,300 | $0.00 | A | 49,996 | D | |
| Common StockF3 | Aug 25, 2015 | F | 3,742 | $5.84 | D | 46,254 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares are represented by restricted stock units. Each restricted stock unit represents a contingent right to receive one share of PMC-Sierra, Inc. common stock.
- F2Twenty-five percent (25%) of the Units shall automatically vest each year over the next four (4) years upon the anniversary of the 25th day of the Award Month.
- F3The shares were withheld 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.