Filing Details

Accession Number:
0000310568-13-000226
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-11-07 20:21:33
Reporting Period:
2013-11-05
Filing Date:
2013-11-07
Accepted Time:
2013-11-07 20:21:33
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
310568 Microsemi Corp MSCC Semiconductors & Related Devices (3674) 952110371
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1192192 Ralph Brandi One Enterprise
Aliso Viejo CA 92656
Executive Vice President & Coo 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
Microsemi Common Stock Acquisiton 2013-11-05 54,180 $0.00 131,680 No 4 M Direct
Microsemi Common Stock Disposition 2013-11-05 54,180 $24.18 77,500 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
Microsemi Common Stock Performance Rights Disposition 2013-11-05 54,180 $0.00 54,180 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 No 4 M Direct
Footnotes
  1. The transactions reported on this form were executed pursuant to a 10b5-1 plan.
  2. Each Performance Right represents a right to receive one share of Microsemi common stock. A target of 63,000 Performance Rights were granted on 11/17/2011 and between 0% and 200% of the target number were eligible to be earned over a two-year performance period ended 09/29/2013 based on Microsemi's revenue and adjusted earnings per share performance relative to a peer group of companies. A total of 73,080 Performance Rights were earned, of which 18,900 were paid on 11/06/2012. This transaction represents the settlement of the balance of 54,180 shares earned in the second year of the performance period.