SEC Form 4 · accession 0001576570-15-000068
ALTERA CORP · ALTR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark Jon Nelson
Officer — Sr VP, Worldwide Sales
Period of report
Jun 2, 2015
Accepted (ET)
Jun 3, 2015 · 9:36 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 StockF1 | Jun 2, 2015 | S | 9,301 | $51.7427 | D | 0 | D | |
| Common Stock | Jun 3, 2015 | M | 8,367 | $33.31 | A | 8,367 | D | |
| Common Stock | Jun 3, 2015 | S | 8,367 | $51.70 | D | 0 | D | |
| Common Stock | Jun 3, 2015 | M | 5,586 | $35.21 | A | 5,586 | D | |
| Common Stock | Jun 3, 2015 | S | 5,586 | $51.70 | D | 0 | 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)F2,F3,F4 | $33.31 | Jun 3, 2015 | M | 8,367 | D | — | — | Common Stock | 8,367 | 2,788 | D |
| Non-Qualified Stock Option (right to buy)F2,F5,F4 | $35.21 | Jun 3, 2015 | M | 5,586 | D | — | — | Common Stock | 5,586 | 5,585 | D |
Explanation of responses
- F1The 9,301 shares were sold in 4 lots ranging from 300 shares to 5,531 shares per lot. The sale price ranged between $51.74 and $51.7482.The price reported above represents the weighted average sale price. The reporting person undertakes to provide to any security holder of Altera Corporation or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares and prices at which the transactions were effected.
- F2The 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.
- F3The option, representing a right to purchase a total of 11,155 shares, became exercisable in 4 equal annual installments beginning on May 14, 2013, which was the first anniversary of the date on which the option was granted.
- F4The grant shall expire ten years from the date of grant.
- F5The option, representing a right to purchase a total of 11,171 shares, became exercisable in 4 equal annual installments beginning on July 31, 2013, which was the first anniversary of the date on which the option was granted.