SEC Form 4 · accession 0001620118-15-000021
ALTERA CORP · ALTR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William Hata
Officer — Sr VP, WW Ops & Engineering
Period of report
May 14, 2015
Accepted (ET)
May 18, 2015 · 7:58 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 | May 14, 2015 | M | 4,574 | $0.00 | A | 23,147 | D | |
| Common StockF2 | May 14, 2015 | F | 1,719 | $44.31 | D | 21,428 | D | |
| Common StockF1 | May 14, 2015 | M | 4,857 | $0.00 | A | 26,285 | D | |
| Common StockF2 | May 14, 2015 | F | 1,826 | $44.31 | D | 24,459 | D | |
| Common StockF1 | May 14, 2015 | M | 6,393 | $0.00 | A | 30,852 | D | |
| Common StockF2,F3 | May 14, 2015 | F | 2,403 | $44.31 | D | 28,449 | 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,F4 | — | May 14, 2015 | M | 4,574 | D | — | — | Common Stock | 4,574 | 74,462 | D |
| Restricted Stock Unit (RSU)F1,F5 | — | May 14, 2015 | M | 4,857 | D | — | — | Common Stock | 4,857 | 69,605 | D |
| Restricted Stock Unit (RSU)F1,F6 | — | May 14, 2015 | M | 6,393 | D | — | — | Common Stock | 6,393 | 63,212 | D |
Explanation of responses
- F1Each Restricted Stock Unit represents a contingent right to receive one share of Altera Common Stock at no cost.
- F2Shares of common Stock were withheld at vesting to cover required tax withholding. The fair market value of Altera common stock used for purposes of calculating the number of shares to be withheld was the closing price of Altera common stock as reported on the NASDAQ Stock Market on such vesting date.
- F3Includes shares acquired under the Altera Corporation 1987 Employee Stock Purchase Plan.
- F4On May 7, 2012, the Reporting Person received a grant of RSUs that vest over a four-year period. One-fourth of the RSUs vested on May 14, 2015 and the shares were delivered to the Reporting Person on such date.
- F5On May 6, 2013, the Reporting Person received a grant of RSUs that vest over a four-year period. One-fourth of the RSUs vested on May 14, 2015 and the shares were delivered to the Reporting Person on such date.
- F6On May 5, 2014, the Reporting Person received a grant of RSUs that vest over a four-year period. One-fourth of the RSUs vested on May 14, 2015 and the shares were delivered to the Reporting Person on such date.