Filing Details
- Accession Number:
- 0001603814-16-000192
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2016-06-17 20:16:11
- Reporting Period:
- 2016-06-15
- Filing Date:
- 2016-06-17
- Accepted Time:
- 2016-06-17 20:16:11
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
703361 | Integrated Device Technology Inc | IDTI | Semiconductors & Related Devices (3674) | 942669985 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1559047 | D Matthew Brandalise | 6024 Silver Creek Valley Road San Jose CA 95138 | Vp General Counsel | 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 | 2016-06-15 | 34,000 | $0.00 | 73,121 | No | 4 | M | Direct | |
Common Stock | Disposition | 2016-06-15 | 6,548 | $22.84 | 66,573 | 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 | Performance Rights | Disposition | 2016-06-15 | 17,000 | $0.00 | 17,000 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
0 | 2017-06-15 | No | 4 | M | Direct |
Footnotes
- Each performance right, originally granted on June 16, 2014, was converted into the right to receive two restricted stock units (with each restricted stock unit representing the right to receive one share of IDT common stock) based upon the achievement of a relative total stockholder return performance goal, as certified by IDT?s compensation committee on June 15, 2016. The restricted stock units vest in respect of 50% of the shares underlying the performance rights on each of June 16, 2016 and June 16, 2017, subject to the reporting person's continued service with IDT through the applicable vesting date.
- Constitutes shares sold to cover the tax liability incurred in respect of the vesting of the restricted stock units.
- The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $22.60 to $23.47, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, 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.