ENTROPIC COMMUNICATIONS INC 4
4 · ENTROPIC COMMUNICATIONS INC · Filed Dec 6, 2010
Insider Transaction Report
Form 4
BRADFORD WILLIAM R
SVP, Worldwide Sales
Transactions
- Exercise/Conversion
Common Stock
2010-12-03$2.61/sh+20,000$52,200→ 25,000 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2010-12-03−20,000→ 294,000 totalExercise: $2.61Exp: 2019-10-06→ Common Stock (20,000 underlying) - Sale
Common Stock
2010-12-03$9.90/sh−20,000$198,000→ 5,000 total
Footnotes (2)
- [F1]The sales reported in the Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 24, 2010.
- [F2]1/4th of the shares vest one year after the Vesting Commencement Date beginning October 6, 2009. 1/48th of the shares vest monthly thereafter over the next three years. Additionally, grant is subject to accelerated vesting on the terms and conditions set forth in such individual's Change of Control Agreement.