RENFIELD TREVOR 4
4 · ENTROPIC COMMUNICATIONS INC · Filed May 22, 2013
Insider Transaction Report
Form 4
RENFIELD TREVOR
Corporate Controller
Transactions
- Exercise/Conversion
Common Stock
2013-05-20+1,000→ 5,210 total - Exercise/Conversion
Restricted Stock Unit
2013-05-20−1,000→ 12,000 total→ Common Stock (1,000 underlying) - Tax Payment
Common Stock
2013-05-20$4.44/sh−386$1,714→ 4,210 total
Footnotes (3)
- [F1]Shares have been surrendered to the issuer to satisfy the reporting person's tax withholding obligation due on vesting of restricted stock units.
- [F2]Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
- [F3]The shares are vesting over a four year period, with 25% vesting on the first quarterly vesting date following the 1st, 2nd, 3rd and 4th anniversary of the grant date. Additionally, grant is subject to accelerated vesting on the terms and conditions set forth in such individual's Change of Control Agreement.