Home > Insider Trading > Filing (0000310568-14-000230)

Filing Details

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
1286030	G Steven Litchfield	One Enterprise Aliso Viejo CA 92656	Evp & Chief Strategy 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
Microsemi Common Stock	Acquisiton	2014-11-04	41,653	$0.00	124,304	No	4	M	Direct
Microsemi Common Stock	Disposition	2014-11-04	21,736	$25.90	102,568	No	4	F	Direct
Microsemi Common Stock	Disposition	2014-11-04	19,917	$25.27	82,651	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	F	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	2014-11-04	32,376	$0.00	32,376	$0.00
Microsemi Common Stock	Performance Rights	Disposition	2014-11-04	9,277	$0.00	9,277	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
15,124			No	4	M	Direct
34,898			No	4	M	Direct

Footnotes

Amount represents shares withheld to satisfy tax withholdings in connection with the vesting of previously awarded performance rights.
The transactions reported on this form were executed pursuant to a 10b5-1 plan.
Each Performance Right represents a right to receive one share of Microsemi common stock. A target of 47,500 Performance Rights was granted on 11/05/2012 and between 0% and 250% of the target number may be earned over a three-year performance period incorporating Microsemi's fiscal year 2013, 2014 and 2015. This transaction reflects payment of the number of shares earned in the first two years of the performance period. 15,124 of the original target number of shares remain subject to the award, but the aggregate final payment may range from 0% to 250% of the original target of 47,500 Performance Rights.
Each Performance Right represents a right to receive one share of Microsemi common stock. A target of 44,175 Performance Rights was granted on 11/04/2013 and between 0% and 250% of the target number may be earned over a three-year performance period incorporating Microsemi's fiscal year 2014, 2015 and 2016. This transaction reflects payment of the number of shares earned in the first year of the performance period. 34,898 of the original target number of shares remain subject to the award, but the aggregate final payment may range from 0% to 250% of the original target of 44,175 Performance Rights.