SEC Form 4 · accession 0001209191-15-083607
PMC SIERRA INC · PMCS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alinka Flaminia
Officer — VP, General Counsel Corp. Sec.
Period of report
Dec 2, 2015
Accepted (ET)
Dec 4, 2015 · 5:30 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 | Dec 2, 2015 | M | 81,000 | $9.06 | A | 207,009 | D | |
| Common Stock | Dec 2, 2015 | M | 81,000 | $7.22 | A | 288,009 | D | |
| Common Stock | Dec 2, 2015 | M | 13,156 | $6.87 | A | 301,165 | D | |
| Common Stock | Dec 2, 2015 | M | 18,562 | $6.53 | A | 319,727 | D | |
| Common Stock | Dec 2, 2015 | M | 26,406 | $5.71 | A | 346,133 | D | |
| Common StockF1 | Dec 2, 2015 | S | 220,124 | $11.924 | D | 126,009 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F2 | $9.06 | Dec 2, 2015 | M | 81,000 | D | — | Apr 6, 2020 | Common Stock | 81,000 | 0 | D |
| Stock Option (Right to Buy)F2 | $7.22 | Dec 2, 2015 | M | 81,000 | D | — | Apr 5, 2021 | Common Stock | 81,000 | 0 | D |
| Stock Option (Right to Buy)F3 | $6.87 | Dec 2, 2015 | M | 13,156 | D | — | Aug 5, 2024 | Common Stock | 13,156 | 28,944 | D |
| Stock Option (Right to Buy)F4 | $6.53 | Dec 2, 2015 | M | 18,562 | D | — | Aug 6, 2023 | Common Stock | 18,562 | 14,438 | D |
| Stock Option (Right to Buy)F5 | $5.71 | Dec 2, 2015 | M | 26,406 | D | — | Aug 7, 2022 | Common Stock | 26,406 | 6,094 | D |
Explanation of responses
- F1The sale price reported in Table 1 represents the weighted average sale price of the shares sold ranging from $11.905 to $11.94 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.
- F2Fully vested.
- F3One-fourth of the shares subject to the option vest on August 5, 2015 and one forty-eighth of the shares shall vest monthly thereafter.
- F4One-fourth of the shares subject to the option vest on August 6, 2014 and one forty-eighth of the shares shall vest monthly thereafter.
- F5One-fourth of the shares subject to the option vested on August 7, 2013 and one forty-eighth of the shares shall vest monthly thereafter.