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Filing Details

Accession Number:: 0001181431-10-009149
Form Type:: 4/A
Zero Holdings:: No
Publication Time:: 2010-02-16 12:00:00
Reporting Period:: 2009-08-11

Filing Date:: 2010-02-16
Accepted Time:: 2010-02-16 15:39:41
Original Submission Date:: 2009-08-13
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1102741	Stec Inc.	STEC	Computer Storage Devices (3572)	330399154

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1193507	Mehrdad Moshayedi	C/O Stec, Inc. 3001 Daimler Street Santa Ana CA 92705-5812	President, Coo, Cto, Secretary	Yes	Yes	No	No
1254601	Semifa Moshayedi	C/O Stec, Inc. 3001 Daimler Street Santa Ana CA 92705-5812		No	No	No	Yes
1254603	9-28-98 Dtd Trust Revocable Moshayedi M&S	C/O Stec, Inc. 3001 Daimler Street Santa Ana CA 92705-5812		No	No	No	Yes

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2009-08-11	3,359,040	$29.76	3,739,885	No	4	S	Indirect	BY TRUST

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	BY TRUST

Footnotes

On August 11, 2009, pursuant to an underwriting agreement dated August 5, 2009, among STEC, Inc. (the "Company"), the selling shareholders named therein (Manouch Moshayedi and Mark Moshayedi, both officers and directors of the Company) (the "Selling Shareholders"), and J.P. Morgan Securities Inc. and Deutsche Bank Securities Inc., as representatives of the several underwriters named therein (the "Underwriters"), the Selling Shareholders sold 9,000,000 of their outstanding shares of the Company's common stock to the Underwriters at a per share price of $29.76 (for aggregate proceeds, before expenses, of $267,840,000).
Due to the transposition of numbers, the aggregate holdings reported in Table I, Box 5 for this reported transaction were incorrect. This amended Form 4 is filed solely for the purpose of correcting the aggregate holdings for the referenced line item.
As reported in Form 4 filed on August 13, 2009, these shares were owned directly by the M. and S. Moshayedi Revocable Trust, dated 9/25/98, and indirectly by Mark Moshayedi and Semira Moshayedi as co-trustees of this trust. Each of the co-trustees disclaims beneficial ownership of these securities except to the extent of his or her pecuniary interest therein. Due to the sale described in footnote (1) above, the M. and S. Moshayedi Revocable Trust, dated 9/28/98 (of which Semira Moshayedi is co-trustee) is no longer a 10% beneficial owner of the Company's common stock, and thereby is no longer subject to Section 16. The checked box in the top left corner of the Form 4 filed on August 13, 2009 related solely to the M. and S. Moshayedi Revocable Trust, dated 9/25/98, and Semira Moshayedi. Mark Moshayedi remains subject to Section 16.