SEC Form 4 · accession 0001256008-15-000011
ALTERA CORP · ALTR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey Waters
Officer — SVP & GM, Business Unit
Period of report
Jun 12, 2015
Accepted (ET)
Jun 15, 2015 · 7:23 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 12, 2015 | M | 7,980 | $35.21 | A | 29,015 | D | |
| Common Stock | Jun 12, 2015 | S | 7,980 | $51.515 | D | 21,035 | D | |
| Common Stock | Jun 12, 2015 | M | 25,500 | $39.76 | A | 46,535 | D | |
| Common Stock | Jun 12, 2015 | S | 25,500 | $51.515 | D | 21,035 | D | |
| Common StockF1 | Jun 12, 2015 | S | 1,376 | $51.6028 | D | 19,659 | D | |
| Common StockF2 | Jun 12, 2015 | S | 17,998 | $51.5102 | D | 1,661 | 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)F3,F4,F5 | $35.21 | Jun 12, 2015 | M | 7,980 | D | — | Jul 30, 2022 | Common Stock | 7,980 | 7,979 | D |
| Non-Qualified Stock Option (right to buy)F3,F6,F5 | $39.76 | Jun 12, 2015 | M | 25,500 | D | — | — | Common Stock | 25,500 | 8,500 | D |
Explanation of responses
- F1The 1,376 shares were sold in 2 lots; 376 shares were sold at $51.60 and 1,000 shares were sold at $51.6039. The price reported above represents the weighted average sale price.
- F2The 17,998 shares were sold in 2 lots; 600 shares were sold at $51.515 and 17,398 shares were sold at $51.51. The price reported above represents the weighted average sale price.
- F3The 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 on the date of grant.
- F4The option, representing a right to purchase a total of 15,959 shares, vests at a rate of 25% annually from July 30, 2012, subject to the Reporting Person's continuing employment and the provisions in Altera's form of option agreement.
- F5The grant shall expire ten years from the date of grant.
- F6The option, representing a right to purchase a total of 34,000 shares, vests at a rate of 25% annually from January 30, 2012, subject to the Reporting Person's continuing employment and the provisions in Altera's form of option agreement.