Filing Details

Accession Number:
0001603814-16-000195
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-06-17 20:20:09
Reporting Period:
2016-06-15
Filing Date:
2016-06-17
Accepted Time:
2016-06-17 20:20:09
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
703361 Integrated Device Technology Inc IDTI Semiconductors & Related Devices (3674) 942669985
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1329689 Mario Montana 6024 Silver Creek Valley Road
San Jose CA 95138
Vp, Chief Sales Officer No Yes No No
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 Acquisiton 2016-06-15 58,000 $0.00 115,779 No 4 M Direct
Common Stock Disposition 2016-06-15 15,508 $22.84 100,271 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Performance Rights Disposition 2016-06-15 29,000 $0.00 29,000 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2017-06-15 No 4 M Direct
Footnotes
  1. Each performance right, originally granted on June 16, 2014, was converted into the right to receive two restricted stock units (with each restricted stock unit representing the right to receive one share of IDT common stock) based upon the achievement of a relative total stockholder return performance goal, as certified by IDT's compensation committee on June 15, 2016. The restricted stock units vest in respect of 50% of the shares underlying the performance rights on each of June 16, 2016 and June 16, 2017, subject to the reporting person's continued service with IDT through the applicable vesting date.
  2. Constitutes shares sold to cover the tax liability incurred in respect of the vesting of the restricted stock units.
  3. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $22.60 to $23.47, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, 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.