SEC Form 4 · accession 0001209191-15-084704
PMC SIERRA INC · PMCS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory S Lang
Officer — President and CEO · Director
Period of report
Dec 9, 2015
Accepted (ET)
Dec 11, 2015 · 4:43 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 9, 2015 | M | 328,153 | $9.06 | A | 580,136 | D | |
| Common StockF1 | Dec 9, 2015 | S | 328,153 | $11.89 | D | 251,983 | D | |
| Common Stock | Dec 10, 2015 | M | 4,847 | $9.06 | A | 256,830 | D | |
| Common Stock | Dec 10, 2015 | M | 246,417 | $7.22 | A | 503,247 | D | |
| Common StockF2 | Dec 10, 2015 | S | 251,264 | $11.833 | D | 251,983 | 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)F3 | $9.06 | Dec 9, 2015 | M | 328,153 | D | — | Apr 6, 2020 | Common Stock | 328,153 | 4,847 | D |
| Stock Option (Right to Buy)F3 | $9.06 | Dec 10, 2015 | M | 4,847 | D | — | Apr 6, 2020 | Common Stock | 4,847 | 0 | D |
| Stock Option (Right to Buy)F3 | $7.22 | Dec 10, 2015 | M | 246,417 | D | — | Apr 5, 2021 | Common Stock | 246,417 | 178,383 | D |
Explanation of responses
- F1The sale price reported in Table 1 represents the weighted average sale price of the shares sold ranging from $11.85 to $11.90 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.
- F2The sale price reported in Table 1 represents the weighted average sale price of the shares sold ranging from $11.83 to $11.845 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.
- F3Fully vested.