Filing Details
- Accession Number:
- 0000310568-16-000484
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2016-12-12 20:55:50
- Reporting Period:
- 2016-12-09
- Filing Date:
- 2016-12-12
- Accepted Time:
- 2016-12-12 20:55:50
- SEC Url:
- Form 4 Filing
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 |
|---|---|---|---|---|---|---|---|
| 1192204 | J James Peterson | One Enterprise Aliso Viejo CA 92656 | Chairman Of The Board & Ceo | Yes | 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Microsemi Common Stock | Acquisiton | 2016-12-09 | 250,000 | $55.72 | 396,711 | No | 4 | M | Direct | |
| Microsemi Common Stock | Disposition | 2016-12-09 | 134,200 | $54.18 | 262,511 | 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 |
|---|---|---|---|---|---|---|---|
| Microsemi Common Stock | Performance Rights | Disposition | 2016-12-09 | 250,000 | $0.00 | 250,000 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 750,000 | 2021-07-26 | No | 4 | M | Direct |
Footnotes
- Each Performance Right represents a contingent right to receive one share of MSCC Common Stock. The performance rights are scheduled to vest (a) 25% upon MSCC's common stock (plus amount of any dividends paid per share) achieving a market price of not less than $50.00 per share for a period of at least twenty consecutive trading days, (b) 50% upon MSCC's common stock (plus amount of any dividends paid per share) achieving a market price of not less than $60.00 per share for a period of at least twenty consecutive trading days, and (c) 25% upon MSCC's common stock (plus amount of any dividends paid per share) achieving a market price of not less than $70.00 per share for a period of at least twenty consecutive trading days. This transaction reports the vesting of the first tranche of this award.
- This transaction represents the sale of shares to cover statutory income tax withholdings.
Billionaire Hedge Funds
