SEC Form 4 · accession 0001209191-15-084489
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
Dec 8, 2015
Accepted (ET)
Dec 10, 2015 · 4:30 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 8, 2015 | M | 8,021 | $5.23 | A | 124,082 | D | |
| Common Stock | Dec 8, 2015 | M | 20,666 | $6.87 | A | 144,748 | D | |
| Common Stock | Dec 8, 2015 | M | 32,141 | $6.53 | A | 176,889 | D | |
| Common Stock | Dec 8, 2015 | S | 60,828 | $11.86 | D | 116,061 | 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)F1 | $5.23 | Dec 8, 2015 | M | 8,021 | D | — | Dec 4, 2022 | Common Stock | 8,021 | 96,250 | D |
| Stock Option (Right to Buy)F2 | $6.87 | Dec 8, 2015 | M | 20,666 | D | — | Aug 5, 2024 | Common Stock | 20,666 | 41,334 | D |
| Stock Option (Right to Buy)F3 | $6.53 | Dec 8, 2015 | M | 32,141 | D | — | Aug 6, 2023 | Common Stock | 32,141 | 22,959 | D |
Explanation of responses
- F1One-fourth of the shares subject to the option vested on December 4, 2013 and one forty-eighth of the shares shall vest monthly thereafter.
- F2One-fourth of the shares subject to the option vest on August 5, 2015 and one forty-eighth of the shares shall vest monthly thereafter.
- F3One-fourth of the shares subject to the option vest on August 6, 2014 and one forty-eighth of the shares shall vest monthly thereafter.