SEC Form 4 · accession 0001437749-15-001316
ANADIGICS INC · ANAD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Timothy M Laverick Sr.
Officer — SVP Infrastructure Products
Period of report
Jan 27, 2015
Accepted (ET)
Jan 27, 2015 · 4:47 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000940332
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| ANADIGICS, Inc. Common StockF1 | Jan 27, 2015 | J | 8,333 | $0.00 | D | 161,593 | D | |
| ANADIGICS Inc. Common StockF2 | Jan 27, 2015 | J | 5,804 | $0.00 | A | 167,397 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The total amount of Securities Beneficially Owned Following the Reported Transaction reflects the forfeiture of certain restricted stock units that did not vest because the performance goals required to be met in order for such restricted stock units to vest were not met and pursuant to the terms of the grant were required to be forfeited.
- F2The total amount of Securities Beneficially Owned Following the Reported Transaction reflects an adjustment of 5,804 for a clerical error on Mr. Laverick's Form 3 wherein the number of shares beneficially owned was inadvertently understated by 5,804. Those shares were earned but unvested prior to his becoming a Named Executive Officer.