Filing Details

Accession Number:
0001181431-10-031223
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-06-03 13:00:00
Reporting Period:
2010-06-01
Filing Date:
2010-06-03
Accepted Time:
2010-06-03 17:31:34
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
767920 Pmc Sierra Inc PMCS Semiconductors & Related Devices (3674) 942925073
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1215807 L Robert Bailey 3975 Freedom Circle
Santa Clara CA 95054
Yes No 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 2010-06-01 15,090 $0.00 50,281 No 4 M Direct
Common Stock Acquisiton 2010-06-01 4,121 $0.00 54,402 No 4 M Direct
Common Stock Disposition 2010-06-01 19,211 $8.07 35,191 No 4 S Direct
Common Stock Acquisiton 2010-06-02 4,547 $0.00 39,738 No 4 M Direct
Common Stock Acquisiton 2010-06-02 1,242 $0.00 40,980 No 4 M Direct
Common Stock Disposition 2010-06-02 5,789 $8.07 35,191 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 S Direct
No 4 M Direct
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 Stock Option (Right to Buy) Acquisiton 2010-06-01 24,000 $0.00 24,000 $7.85
Common Stock 1-A Special Shares Disposition 2010-06-01 1,886 $0.00 15,090 $0.00
Common Stock 1-B Special Shares Disposition 2010-06-01 1,887 $0.00 4,121 $0.00
Common Stock 1-A Special Shares Disposition 2010-06-02 569 $0.00 4,547 $0.00
Common Stock 1-B Special Shares Disposition 2010-06-02 567 $0.00 1,242 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
24,000 2010-07-01 2020-06-01 No 4 A Direct
48,756 No 4 M Direct
48,756 No 4 M Direct
48,187 No 4 M Direct
48,189 No 4 M Direct
Footnotes
  1. PMC Ltd. 1-A Special Shares were exchanged for shares of PMCS Common Stock on a 1:8 basis.
  2. PMC Ltd. 1-B Special Shares were exchanged for shares of PMCS Common Stock on a 1:2.18448 basis.
  3. The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 2, 2010.
  4. The sale price reported in column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $8.01 to $ 8.21 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
  5. The option becomes exercisable in twelve equal monthly installments beginning on July 1, 2010.
  6. In 1994, PMC Ltd 1-A Special Shares and PMC Ltd. 1-B Special Shares are immediately exchangeable.
  7. Not applicable.
  8. In 1994, PMC Ltd. 1-A Special Shares and PMC Ltd. 1-B Special Shares were issued in exchange for shares of PMC-Sierra, Ltd. common stock.
  9. The sale price reported in column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $8.00 to $ 8.24 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.