Filing Details

Accession Number:
0001209191-10-054346
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-11-10 20:55:11
Reporting Period:
2010-11-08
Filing Date:
2010-11-10
Accepted Time:
2010-11-10 20:55:11
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
4127 Skyworks Solutions Inc SWKS Semiconductors & Related Devices (3674) 042302115
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1025092 J David Aldrich 20 Sylvan Road
Woburn MA 01801
President And Ceo Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2010-11-08 62,625 $23.87 437,875 No 4 F Direct
Common Stock Acquisiton 2010-11-08 150,000 $0.00 587,875 No 4 M Direct
Common Stock Disposition 2010-11-08 62,625 $23.87 525,250 No 4 F Direct
Common Stock Acquisiton 2010-11-08 75,000 $12.65 600,250 No 4 M Direct
Common Stock Disposition 2010-11-08 75,000 $23.76 525,250 No 4 S Direct
Common Stock Acquisiton 2010-11-08 65,000 $13.56 590,250 No 4 M Direct
Common Stock Disposition 2010-11-08 65,000 $23.76 525,250 No 4 S Direct
Common Stock Disposition 2010-11-08 129,414 $23.76 395,836 No 4 S Direct
Common Stock Disposition 2010-11-10 75,000 $23.71 320,836 No 4 S Direct
Common Stock Acquisiton 2010-11-10 85,000 $0.00 405,836 No 4 A Direct
Common Stock Disposition 2010-11-10 35,488 $23.80 370,348 No 4 F Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 F Direct
No 4 M Direct
No 4 F Direct
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 A Direct
No 4 F Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Performance Rights Disposition 2010-11-08 150,000 $0.00 150,000 $0.00
Common Stock Employee Stock Option (Right to Buy) Disposition 2010-11-08 75,000 $0.00 75,000 $12.65
Common Stock Employee Stock Option (Right to Buy) Disposition 2010-11-08 65,000 $0.00 65,000 $13.56
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
150,000 2010-11-06 No 4 M Direct
100,000 2012-04-25 No 4 M Direct
0 2011-04-04 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 17,263 Indirect By 401(k) plan
Footnotes
  1. Transfer of common stock to Skyworks of the number of common shares determined to be sufficient to satisfy tax withholding obligations incurred as a result of the vesting of an award of 150,000 shares of restricted common stock that had been granted to the reporting person under the Skyworks 2005 Long Term Incentive Plan on 6/10/09.
  2. Receipt of shares underlying performance rights was based on a comparison of (x) the change in Skyworks' common stock price to (y) the change in the price of the common stock of companies in a peer group over a three year period. The change in price of each company's common stock was determined by comparing its average stock price for the 90 day period beginning 11/6/07 to its average stock price for the 90 day period ending 11/6/10. Because Skyworks determined that the percentage change in Skyworks' stock price during the periods mentioned in the previous sentence exceeded the 70th percentile of the peer group, both the "target" metric under the performance rights covering 150,000 shares and the "stretch" metric under the performance rights covering another 150,000 shares were deemed to have been met. The reporting person received 150,000 of such shares on 11/8/10 and, will receive the remaining 150,000 of such shares on 11/7/11, so long as he remains employed with Skyworks.
  3. Transfer of common stock to the issuer of the number of shares determined to be sufficient to satisfy tax withholding obligations incurred as a result of the settlement of the Performance Rights discussed in the previous footnote and the resulting issuance of 150,000 shares of common stock to the reporting person on 11/8/10.
  4. This price reflects the average selling price of the shares sold. Actual sale prices ranged from $23.61 per share to $23.91.
  5. This price reflects the average selling price of the shares sold. Actual sale prices ranged from $23.70 per share to $23.76.
  6. Represents 85,000 shares of common stock issued to the Reporting Person pursuant to a performance share award dated November 10, 2009. Such performance share award contained both a continued employment condition and a performance condition related to the achievement by Skyworks of certain pre-established performance metrics for fiscal year 2010.
  7. Transfer to Skyworks of the number of shares of common stock determined to be sufficient to satisfy tax withholding obligations related to the settlement of the performance share award discussed in the previous footnote and the resulting issuance of 85,000 shares of common stock on 11/10/10.
  8. This total represents the number of shares of common stock held by the Reporting Person in the Skyworks 401(k) plan as of the most recent practicable date. The information in this report is based on the latest plan statement dated 11/9/10.
  9. This stock option vested in four (4) equal installments, beginning on 4/25/03 and ending on 4/25/06.
  10. This stock option vested in four (4) equal installments, beginning on 4/1/02 and ending on 4/1/05.