SEC Form 4 · accession 0001576570-15-000088
ALTERA CORP · ALTR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dan Biran
Officer — Sr VP, Strategy
Period of report
Jul 31, 2015
Accepted (ET)
Aug 4, 2015 · 6:48 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 | Jul 31, 2015 | M | 10,750 | $0.00 | A | 10,750 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock Unit (RSU)F1,F2,F3 | — | Jul 31, 2015 | M | 10,750 | D | — | — | Common Stock | 10,750 | 41,205 | D |
Explanation of responses
- F1Each restricted stock unit ("RSU") represents a contingent right to receive at settlement one share of Altera common stock at no cost.
- F2On February 25, 2011, the reporting person received a grant of RSUs that vest over a four-year period beginning on July 31, 2012. One fourth of the RSUs vested on July 31, 2015 and shares were delivered to the reporting person on that date.
- F3The RSUs shall expire ten years from the date of grant.