SEC Form 4 · accession 0001256008-15-000006
ALTERA CORP · ALTR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Elisha W Finney
Director
Period of report
Jun 2, 2015
Accepted (ET)
Jun 3, 2015 · 5:44 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000768251
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jun 2, 2015 | M | 20,000 | $37.425 | A | 31,901 | D | |
| Common Stock | Jun 2, 2015 | S | 20,000 | $51.73 | D | 11,901 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F1,F2,F3 | $37.425 | Jun 2, 2015 | M | 20,000 | D | — | Sep 14, 2021 | Common Stock | 20,000 | 20,000 | D |
Explanation of responses
- F1The per share exercise price for the shares to be issued pursuant to exercise of an option shall be no less than 100% of the fair market value per share on the date of grant.
- F2The option, representing a right to purchase a total of 40,000 shares, became exercisable in 4 equal annual installments beginning on September 14, 2012, which was the first anniversary of the date on which the option was granted.
- F3The grant shall expire ten years from the date of grant.