SEC Form 4 · accession 0001114333-15-000001
VITESSE SEMICONDUCTOR CORP · VTSS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Martin S McDermut
Officer — Chief Financial Officer
Period of report
Feb 26, 2015
Accepted (ET)
Mar 2, 2015 · 7:26 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000880446
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F1 | $4.15 | Feb 26, 2015 | A | 55,000 | A | — | Feb 26, 2025 | Common Stock | 55,000 | 55,000 | D |
Explanation of responses
- F125% vests on April 1, 2015, and an additional 25% vests on each of the first, second and third anniversaries of the grant date.