Filing Details

Accession Number:
0001466829-10-000017
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-12-01 19:54:48
Reporting Period:
2010-12-01
Filing Date:
2010-12-01
Accepted Time:
2010-12-01 19:54:48
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1227930 Entropic Communications Inc ENTR Semiconductors & Related Devices (3674) 330947630
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1466829 Tom Lookabaugh 6290 Sequence Drive
San Diego CA 92121
Chief Technology 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 2010-12-01 6,250 $2.38 6,250 No 4 M Direct
Common Stock Disposition 2010-12-01 6,250 $9.35 0 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 Non-Qualified Stock Option (right to buy) Disposition 2010-12-01 6,250 $0.00 6,250 $2.38
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
262,500 2019-07-01 No 4 M Direct
Footnotes
  1. The sales reported in the Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 30, 2009.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.05 to $9.43, per share. The reporting person undertakes to provide to Entropic Communications (the "Company"), any security holder of the Company 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.
  3. 1/4th of the shares vest one year after the Vesting Commencement Date beginning July 1, 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.