Filing Details

Accession Number:
0001437749-11-002134
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-04-06 18:19:50
Reporting Period:
2011-04-04
Filing Date:
2011-04-06
Accepted Time:
2011-04-06 18:19:50
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1386198 Memsic Inc MEMS Semiconductors & Related Devices (3674) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1421552 Yang Zhao One Tech Drive
Ste 325
Andover MA 01810
Chief Executive Officer 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
Common Stock Acquisiton 2011-04-04 140,000 $0.00 321,141 No 4 A Direct
Common Stock Disposition 2011-04-05 600 $3.40 320,541 No 4 S Direct
Common Stock Disposition 2011-04-05 300 $3.42 320,241 No 4 S Direct
Common Stock Disposition 2011-04-05 400 $3.43 319,841 No 4 S Direct
Common Stock Disposition 2011-04-05 100 $3.44 319,741 No 4 S Direct
Common Stock Disposition 2011-04-05 100 $3.58 319,641 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S 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 2011-04-04 200,000 $0.00 200,000 $3.41
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
846,250 2021-04-04 No 4 A Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 468,862 Indirect See Footnote 3
Footnotes
  1. Option will vest as to 1/4 of the total shares on each successive anniversary of the date of grant such that the option will be entirely vested on the fourth anniversary of the date of grant.
  2. On April 4, 2011, the Board of Directors, including the independent directors, approved the grant of restricted shares to the reporting person, subject to vesting restrictions. 87,500 shares of such grant shall vest on the first anniversary of the date of grant and the remainder shall vest in three equal installments on the second, third and fourth anniversaries of the date of grant.
  3. Includes 135,675 shares of common stock held by the reporting person as trustee of the Yang Zhao Children' Grantor Retained Annuity Trust and 333,187 shares of common stock held by the reporting person as trustee of the Yang Zhao Grantor Retained Annutiy Trust FBO Naifeng Yang.