Filing Details

Accession Number:
0001576570-14-000029
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-09-10 17:13:37
Reporting Period:
2014-09-09
Filing Date:
2014-09-10
Accepted Time:
2014-09-10 17:13:37
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
768251 Altera Corp ALTR Semiconductors & Related Devices (3674) 770016691
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1227180 John Daane 101 Innovation Drive
San Jose CA 95134
President And Ceo Yes 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 2014-09-09 100,000 $19.55 650,111 No 4 M Direct
Common Stock Disposition 2014-09-09 100,000 $36.37 550,111 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 2014-09-09 100,000 $0.00 100,000 $19.55
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
200,000 2007-01-10 2016-01-10 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 270,000 Indirect by Trust
Footnotes
  1. The 100,000 shares were sold in 51 lots ranging from 100 shares to 11,244 shares per lot. The sale price ranged between $36.17 and $36.50. The price reported above represents the weighted average sale price. The Reporting Person undertakes to provide to any security holder of Altera Corporation or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares and prices at which the transactions were affected.
  2. The per share exercise price for the Shares to be issued pursuant to exercise of an option shall be no less than 100% of the Fair Market Value per share on the date of Grant.
  3. Subject to the Reporting Person's continuing employment and the provisions in the Altera's standard form of stock option agreement, the options shall commence vesting at 25% of the shares on the first anniversary of the grant date and monthly thereafter such that the option will be fully vested four years after the grant date.