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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Restricted Stock Units | (1) | 02/15/2010 | A | 63,270 | (2) | (2) | Common Stock | 63,270 | $ 0 (1) | 63,270 (3) | D | ||||
Restricted Stock Units | (1) | 02/15/2010 | A | 14,500 | (4) | (4) | Common Stock | 14,500 | $ 0 (1) | 14,500 (3) | D | ||||
Restricted Stock Units | (1) | 02/15/2010 | A | 14,500 | (5) | (5) | Common Stock | 14,500 | $ 0 (1) | 14,500 (3) | D | ||||
Restricted Stock Units | (1) | 02/15/2010 | A | 4,000 | (6) | (6) | Common Stock | 4,000 | $ 0 (1) | 4,000 (3) | D | ||||
Restricted Stock Units | (1) | 02/15/2010 | A | 14,100 | (7) | (7) | Common Stock | 14,100 | $ 0 (1) | 14,100 (3) | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Chapman Justin M 2201 10TH STREET PLANO, TX 75074 |
Chief Financial Officer |
/s/ Justin M. Chapman | 02/17/2010 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Each restricted stock unit represents a contingent right to receive one share of Microtune common stock. |
(2) | The number of restricted stock units that shall actually vest shall be determined based on the Compensation Committee's review and evaluation of Microtune's performance in fiscal year 2010 based upon the terms and conditions of Microtune's 2010 Incentive Compensation Program, which was adopted on February 10, 2010 by the Board of Directors of Microtune, upon the recommendation of the Compensation Committee thereof. Any restricted stock units that do not vest upon the Compensation Committee's determination shall be forfeited. |
(3) | As of February 17, 2010, the reporting person holds 134,670 restricted stock units, including 6,000 that were granted on May 10, 2007, 16,000 that were granted on May 12, 2008, 5,900 that were granted on May 15, 2009, and 43,500 that were granted on February 15, 2010 and all of which vest over time. As reported herein, 63,270 restricted stock units were granted on February 15, 2010 under Microtune's 2010 Incentive Compensation Program. |
(4) | The restricted stock units shall vest on May 11, 2010 and the underlying shares shall be delivered to the reporting person on or about such date. |
(5) | The restricted stock units shall vest on May 11, 2011 and the underlying shares shall be delivered to the reporting person on or about such date. |
(6) | The restricted stock units shall vest on May 12, 2012 and the underlying shares shall be delivered to the reporting person on or about such date. |
(7) | The restricted stock units shall vest on May 15, 2013 and the underlying shares shall be delivered to the reporting person on or about such date. |