Filing Details

Accession Number:
0001437749-10-001314
Form Type:
5/A
Zero Holdings:
No
Publication Time:
2010-05-03 13:00:00
Reporting Period:
2009-12-31
Filing Date:
2010-05-03
Accepted Time:
2010-05-03 14:08:31
Original Submission Date:
2010-02-16
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1102741 Stec Inc. STEC Computer Storage Devices (3572) 330399154
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1193508 Masoud Moshayedi 17 Vista Luci
Newport Beach CA 92657
No No No Yes
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2009-02-23 8,000 $0.00 3,000,050 No 5 G Indirect By Trust
Common Stock Acquisiton 2009-02-23 8,000 $0.00 0 No 5 A Indirect By Child
Common Stock Disposition 2009-03-23 850 $0.00 3,000,050 No 5 G Indirect By Trust
Common Stock Acquisiton 2009-03-23 850 $0.00 0 No 5 A Indirect By Child
Common Stock Disposition 2009-07-22 124 $35.00 0 No 5 S Indirect By Child
Common Stock Disposition 2009-07-22 6,824 $34.75 0 No 5 S Indirect By Child
Common Stock Disposition 2009-07-23 6,700 $35.25 0 No 5 S Indirect By Child
Common Stock Disposition 2009-07-23 2,000 $35.50 3,000,050 No 5 S Direct
Common Stock Disposition 2009-07-23 15,000 $35.50 0 No 5 S Indirect By Spouse
Common Stock Disposition 2009-07-23 122,694 $35.53 3,000,050 No 5 S Indirect By Trust
Common Stock Disposition 2009-07-24 102,306 $34.08 3,000,050 No 5 S Indirect By Trust
Common Stock Disposition 2009-07-27 136,004 $33.76 3,000,050 No 5 S Indirect By Trust
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 5 G Indirect By Trust
No 5 A Indirect By Child
No 5 G Indirect By Trust
No 5 A Indirect By Child
No 5 S Indirect By Child
No 5 S Indirect By Child
No 5 S Indirect By Child
No 5 S Direct
No 5 S Indirect By Spouse
No 5 S Indirect By Trust
No 5 S Indirect By Trust
No 5 S Indirect By Trust
Footnotes
  1. This report is being filed to include 8,850 shares that were gifted by the M. and P. Moshayedi Revocable Trust, dated 12/30/96 (the "Moshayedi Trust") during the Issuer's fiscal year ended December 31, 2009 to the Reporting Person's sons and not included in the original Form 5 filed on February 16, 2010 (the "Original Form 5"). This transaction involved a gift of securities by the Moshayedi Trust to the Reporting Person's sons, who may be deemed to share the Reporting Person's household while they attend college. Because of the subjectivity in determining whether college-aged children share the household for purposes of Section 16, the Reporting Person did not include the gift in the Original Form 5, however, the Reporting Person now desires to amend the Original Form 5 to include the gift and correct the number of shares reported as disposed of for Issuer's fiscal year ended December 31, 2009.
  2. These shares were owned directly by the M. and P. Moshayedi Revocable Trust, dated 12/30/96. Mike Moshayedi and Parto Moshayedi are co-trustees of the trust.
  3. This report is being filed to include 8,850 shares that were gifted by the M. and P. Moshayedi Revocable Trust, dated 12/30/96 during the Issuer's fiscal year ended December 31, 2009 to the Reporting Person's sons and not included in the Original Form 5. This transaction involved a gift of securities by the Moshayedi Trust to the Reporting Person's sons, who may be deemed to share the Reporting Person's household while they attend college. Because of the subjectivity in determining whether college-aged children share the household for purposes of Section 16, the Reporting Person did not include the gift in the Original Form 5, however, the Reporting Person now desires to amend the Original Form 5 to include the gift and correct the number of shares reported as acquired for Issuer's fiscal year ended December 31, 2009.
  4. This transaction involved a gift of securities by the Moshayedi Trust to the Reporting Person's sons, who may be deemed to share the Reporting Person's household while they attend college. The reporting person disclaims beneficial ownership of these shares held by his sons, and this report should not be deemed an admission that the Reporting Person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.
  5. This report is being filed to include 13,648 shares that were sold by the Reporting Persons' sons during the Issuer's fiscal year ended December 31, 2009 and not included in the Original Form 5. This transaction involved the sale of shares owned by the Reporting Person's sons, who may be deemed to share the Reporting Person's household while they attend college. Because of the subjectivity in determining whether college-aged children share the household for purposes of Section 16, the Reporting Person did not include the sales in the Original Form 5, however, the Reporting Person now desires to amend the Original Form 5 to include the sales and correct the number of shares reported as disposed of for Issuer's fiscal year ended December 31, 2009.
  6. This report is being filed to include 2,000 shares sold by the Reporting Person during the Issuer's fiscal year ended December 31, 2009 that were not included in the Original Form 5. The number of disposed shares reported in the Original Form 5 should have included these 2,000 shares, and this Form 5, as amended, is being filed to correct the number of shares reported as disposed of for Issuer's fiscal year ended December 31, 2009. The 2,000 shares were not reported due to an inadvertent omission of shares sold by the Reporting Person directly, and should have been reported on the Original Form 5.
  7. This report is being filed to include 15,000 shares sold by the Reporting Person's spouse, Parto Moshayedi, during the Issuer's fiscal year ended December 31, 2009 that were not included in the Original Form 5. The number of disposed shares reported in the Original Form 5 should have included these 15,000 shares, and this Form 5, as amended, is being filed to correct the number of shares reported as disposed of for Issuer's fiscal year ended December 31, 2009. The 15,000 shares were not reported due to an inadvertent omission of shares sold by the Reporting Person's spouse, Parto Moshayedi, and should have been reported on the Original Form 5.
  8. These shares were owned directly by the Reporting Person's spouse, Parto Moshayedi. The Reporting Person disclaims beneficial ownership of these shares that were owned individually by his spouse except to the extent of his pecuniary interest therein, and this report should not be deemed an admission that the Reporting Person was the beneficial owner of these shares for purposes of Section 16 or for any other purpose.
  9. This report is being filed to include 361,004 shares sold by the M. and P. Moshayedi Revocable Trust, dated 12/30/96 during the Issuer's fiscal year ended December 31, 2009 that were not included in the Original Form 5. The number of disposed shares reported in the Original Form 5 should have included these 361,004 shares, and this Form 5, as amended, is being filed to correct the number of shares reported as disposed of for Issuer's fiscal year ended December 31, 2009. The 361,004 shares were not reported due to an inadvertent omission of shares sold by the Reporting Person's secondary broker, Needham & Company, LLC.