SEC Form 4 · accession 0001437749-17-001868
DSP GROUP INC /DE/ · DSPG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ofer Elyakim
Officer — CEO · Director
Period of report
Feb 3, 2017
Accepted (ET)
Feb 7, 2017 · 5:21 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000915778
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Feb 3, 2017 | A | 80,000 | $0.00 | A | 521,412 | D | |
| Common StockF1,F3,F4 | Feb 3, 2017 | A | 16,038 | $0.00 | A | 537,450 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents restricted stock units ("RSUs").
- F2The RSUs were acquired under the 2012 Equity Incentive Plan. 25% of the RSUs vest on the first year anniversary of the grant with the remainder vesting 6.25% quarterly thereafter.
- F3Represents 20,000 performance based RSUs, of which 16,038 RSUs were achieved based on the performance goals. 4,009 RSUs shall vest on March 3, 2017. The remainder of 12,029 RSUs shall vest at a rate of 6.25% quarterly thereafter.
- F4Represents 173,184 shares outstanding, 159,165 vested RSUs, and 205,101 unvested RSUs.