Mashkoori Amir 4
4 · ENTROPIC COMMUNICATIONS INC · Filed Feb 18, 2011
Insider Transaction Report
Form 4
Mashkoori Amir
Director
Transactions
- Exercise/Conversion
Common Stock
2011-02-17$0.33/sh+28,461$9,250→ 28,461 total - Sale
Common Stock
2011-02-17$9.67/sh−28,461$275,340→ 0 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2011-02-17−28,461→ 0 totalExercise: $0.33Exp: 2014-10-14→ Common Stock (28,461 underlying)
Footnotes (2)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.66 to $9.69, per share. The reporting person undertakes to provide to Entropic Communications (the "Company"), any security holder of the Company 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.
- [F2]1/4th of the shares vest one year after the Vesting Commencement Date beginning 9/1/2004. 1/48th of the shares vest monthly thereafter over the next three years. The options may be early exercised prior to vesting but any exercised and unvested shares are subject to a right of repurchase on behalf of the Issuer.