Filing Details

Accession Number:
0001416939-10-000005
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-04-05 13:00:00
Reporting Period:
2010-04-01
Filing Date:
2010-04-05
Accepted Time:
2010-04-05 12:10:14
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1227930 Entropic Communications Inc ENTR Semiconductors & Related Devices (3674) 330947630
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1416939 David Lyle 6290 Sequence Drive
San Diego CA 92121
Chief Financial Officer 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
Common Stock Acquisiton 2010-04-01 6,300 $0.43 41,747 No 4 M Direct
Common Stock Disposition 2010-04-01 6,300 $5.04 35,447 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
Common Stock Incentive Stock Option (right to buy) Disposition 2010-04-01 6,300 $0.00 6,300 $0.43
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
190,587 2015-08-19 No 4 M Direct
Footnotes
  1. The sales reported in the Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 28, 2009.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.005 to $5.105, per share. The reporting person undertakes to provide to Entropic Communications (the "Company"), any security holder of the Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
  3. 1/4th of the shares vest one year after the Vesting Commencement Date beginning 8/19/05. 1/48th of the shares vest monthly thereafter over the next three years. The options may be early exercised prior to vesting but any exercised and unvested shares are subject to a right of repurchase on behalf of the Issuer.