SEC Form 4 · accession 0000921895-15-001103
VITESSE SEMICONDUCTOR CORP · VTSS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
William C Martin
Director · 10% Owner
Raging Capital Management, LLC
10% Owner
Raging Capital Master Fund, Ltd.
10% Owner
Period of report
Apr 28, 2015
Accepted (ET)
Apr 29, 2015 · 7:57 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000880446
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.01F1,F2 | Apr 28, 2015 | U | 14,321,127 | $5.28 | D | 0 | I | By Raging Capital Master Fund, Ltd. |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This Form 4 is filed jointly by Raging Capital Master Fund, Ltd. ("Raging Master"), Raging Capital Management, LLC ("Raging Capital") and William C. Martin (collectively, the "Reporting Persons"). Each of the Reporting Persons were deemed to be a member of a Section 13(d) group that collectively owned more than 10% of the Issuer's outstanding shares of Common Stock.
- F2As the Investment Manager of Raging Master, Raging Capital was deemed to beneficially own the securities owned directly by Raging Master. As the Managing Member of Raging Capital, Mr. Martin was deemed to beneficially own the securities owned directly by Raging Master.