SEC Form 4 · accession 0001354265-15-000006
INTEGRATED SILICON SOLUTION INC · ISSI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott Daniel Howarth
Officer — CEO
Period of report
Nov 6, 2015
Accepted (ET)
Nov 9, 2015 · 8:18 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000854701
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Nov 6, 2015 | M | 5,000 | $0.00 | A | 93,142 | D | |
| Common Stock | Nov 6, 2015 | M | 7,500 | $0.00 | A | 100,642 | D | |
| Common Stock | Nov 6, 2015 | F | 2,818 | $22.74 | D | 97,824 | D | |
| Common Stock | Nov 6, 2015 | F | 1,879 | $22.74 | D | 95,945 | D | |
| Common Stock | Nov 7, 2015 | M | 1,755 | $0.00 | A | 97,700 | D | |
| Common Stock | Nov 7, 2015 | M | 3,000 | $0.00 | A | 100,700 | D | |
| Common Stock | Nov 7, 2015 | F | 1,127 | $22.74 | D | 99,573 | D | |
| Common Stock | Nov 7, 2015 | F | 659 | $22.74 | D | 98,914 | 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 UnitsF2,F3 | $0.00 | Nov 6, 2015 | M | 5,000 | D | Nov 6, 2015 | Nov 6, 2021 | Common Stock | 5,000 | 15,000 | D |
| Restricted Stock UnitsF2,F3 | — | Nov 6, 2015 | M | 7,500 | D | Nov 6, 2013 | Nov 6, 2016 | Common Stock | 7,500 | 7,500 | D |
| Restricted Stock UnitsF2,F3 | — | Nov 7, 2015 | M | 1,755 | D | Nov 7, 2014 | Nov 7, 2017 | Common Stock | 1,755 | 3,509 | D |
| Restricted Stock UnitsF2,F3 | — | Nov 7, 2015 | M | 3,000 | D | Nov 7, 2014 | Feb 11, 2021 | Common Stock | 3,000 | 6,000 | D |
Explanation of responses
- F1The shares were withheld by the Issuer in satisfaction of the withholding taxes incurred in connection with the vesting of restricted stock units previously awarded to the Reporting Person. The withholding of the shares is an exempt disposition pursuant to Rule 16b-3(e) of the Securities Exchange Act of 1934, as amended.
- F2Each restricted stock unit represents a contingent right to receive one share of ISSI common stock.
- F325% of the total number of RSUs vest annually over 4 years from the date of grant.