Kinzer Daniel M. 4
4 · FAIRCHILD SEMICONDUCTOR INTERNATIONAL INC · Filed Mar 5, 2012
Insider Transaction Report
Form 4
Kinzer Daniel M.
Senior Vice President
Transactions
- Exercise/Conversion
Common Stock, par value $.01 per share
2012-03-01+1,875→ 103,770 total - Exercise/Conversion
Restricted Stock Unit
2012-03-01−937→ 1,876 total→ Common Stock, par value $.01 per share (937 underlying) - Exercise/Conversion
Common Stock, par value $.01 per share
2012-03-01+937→ 101,895 total - Tax Payment
Common Stock, par value $.01 per share
2012-03-01$14.28/sh−1,061$15,151→ 102,709 total - Exercise/Conversion
Performance Unit
2012-03-01−1,875→ 1,874 total→ Common Stock, par value $.01 per share (1,875 underlying) - Award
Restricted Stock Unit
2012-03-01+20,000→ 20,000 total→ Common Stock, par value $.01 per share (20,000 underlying) - Award
Performance Unit
2012-03-01+20,000→ 20,000 total→ Common Stock, par value $.01 per share (20,000 underlying)
Footnotes (5)
- [F1]This footnote is inserted only to meet technical requirements of the SEC. Restricted Stock Units and Performance Units cannot be assigned an exercise price.
- [F2]Restricted Stock Units vest in 25% increments on each of the first four anniversaries of the date of grant, or earlier upon certain events. Vested Restricted Stock Units result in the delivery of one share per unit promptly following the vesting date.
- [F3]Reported number of units disposed of, and reported balance following this transaction, each reflect the respective number of performance units granted as a result of the performance goal attained for the measurement period.
- [F4]Performance Units vest in the following increments, or earlier upon certain events: 33% on the first anniversary of the grant date; 33% on the second anniversary of the grant date and 34% on the third anniversary of the grant date. Performance Units have no expiration date. Vested Performance Units result in delivery of the underlying shares of common stock. All the Performance Units are forfeited if the company fails to achieve the minimum performance target.
- [F5]Reported number of Performance Units acquired, and amount of underlying securities reported, are based on company attaining 100% performance target. If company achieves 150% target or higher, reporting person will receive 150% times the reported number. If company fails to achieve 50% target, the reporting person will receive no Performance Units. If company's performance falls between two of the 50%, 100% or 150% targets, reporting person will receive a number of shares determined according to linear interpolation.