SEC Form 4 · accession 0001209191-16-147737
SYNAPTICS Inc · SYNA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kevin D Barber
Officer — See Remarks
Period of report
Oct 28, 2016
Accepted (ET)
Nov 1, 2016 · 7:41 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000817720
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Oct 28, 2016 | A | 8,200 | $0.00 | A | 25,652 | D | |
| Common StockF3 | Oct 31, 2016 | F | 751 | $52.12 | D | 24,901 | D | |
| Common StockF4 | Oct 31, 2016 | A | 1,429 | $0.00 | A | 26,330 | D | |
| Common StockF5 | Oct 31, 2016 | F | 537 | $52.12 | D | 25,793 | D | |
| Common StockF7 | Oct 31, 2016 | S | 7,693 | $52.1223 | D | 18,100 | D | |
| Common StockF8 | Oct 31, 2016 | S | 200 | $52.575 | D | 17,900 | D | |
| Common Stock | Nov 1, 2016 | S | 5,701 | $52.31 | D | 12,199 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F9 | $52.57 | Oct 28, 2016 | A | 5,150 | A | — | Oct 28, 2023 | Common Stock | 5,150 | 5,150 | D |
Explanation of responses
- F1One-third of the total number of deferred stock units shall vest on each anniversary following the vesting commencement date of 10/31/2016, until fully vested on 10/31/2019.
- F2Includes 248 shares acquired under the Issuer's employee stock purchase plan in November 2015 and 171 shares acquired under the Issuer's employee stock purchase plan in May 2016.
- F3Represents shares of common stock withheld by the Issuer to satisfy certain tax withholding obligations associated with the vesting of deferred stock units.
- F4Reflects shares released October 31, 2016 in connection with the vesting of performance-based market stock units granted on October 28, 2013.
- F5Represents shares of common stock withheld by the Issuer to satisfy certain tax withholding obligations associated with the vesting of performance-based market stock units.
- F6The shares were sold pursuant to a 10b5-1 Trading Plan dated August 18, 2016.
- F7The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $51.49 to $52.47, inclusive. The reporting person undertakes to provide to Synaptics Incorporated (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F8The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $52.57 to $52.58, inclusive. The reporting person undertakes to provide to the Company, any security holder of the Company, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F933% of the total number of shares subject to the option shall vest and become exercisable one year following the vesting commencement date of 10/28/2016, with the remaining 2/3rds vesting quarterly until fully vested on October 28, 2019.
Remarks
The reporting person is the Senior Vice President and General Manager, Smart Display Division (SDD).