Filing Details

Accession Number:
0001417606-10-000056
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-12-09 13:23:34
Reporting Period:
2010-12-08
Filing Date:
2010-12-09
Accepted Time:
2010-12-09 13:23:34
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
1417606 Lance Bridges 6290 Sequence Drive
San Diego CA 92121
Vp And General Counsel 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 2010-12-08 9,000 $1.99 196,192 No 4 M Direct
Common Stock Disposition 2010-12-08 9,000 $10.55 187,192 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 2010-12-08 9,000 $0.00 9,000 $1.99
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
55,665 2018-03-19 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 August 26, 2009.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.335 to $10.68, 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. 18,055 of the options became exercisable on May 15, 2010. The remainder of the options become exercisable in equal monthly installments beginning June 19, 2010 until fully vested on March 19, 2012. Additionally, grant is subject to accelerated vesting on the terms and conditions set forth in such individual's Change of Control Agreement.