Filing Details

Accession Number:
0000310568-13-000224
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-11-07 20:20:51
Reporting Period:
2013-11-05
Filing Date:
2013-11-07
Accepted Time:
2013-11-07 20:20:51
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
310568 Microsemi Corp MSCC Semiconductors & Related Devices (3674) 952110371
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1561731 David Goren One Enterprise
Aliso Viejo CA 92656
Svp Bus Affairs, Compl, Legal No 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
Microsemi Common Stock Acquisiton 2013-11-05 24,768 $0.00 92,818 No 4 M Direct
Microsemi Common Stock Disposition 2013-11-05 24,768 $24.18 68,050 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Microsemi Common Stock Performance Rights Disposition 2013-11-05 24,768 $0.00 24,768 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 No 4 M Direct
Footnotes
  1. The transactions reported on this form were executed pursuant to a 10b5-1 plan.
  2. Each Performance Right represents a right to receive one share of Microsemi common stock. A target of 28,800 Performance Rights were granted on 11/17/2011 and between 0% and 200% of the target number were eligible to be earned over a two-year performance period ended 09/29/2013 based on Microsemi's revenue and adjusted earnings per share performance relative to a peer group of companies. A total of 33,408 Performance Rights were earned, of which 8,640 were paid on 11/06/2012. This transaction represents the settlement of the balance of 24,768 shares earned in the second year of the performance period.