Filing Details

Accession Number:
0001417606-11-000006
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-01-13 13:01:26
Reporting Period:
2011-01-12
Filing Date:
2011-01-13
Accepted Time:
2011-01-13 13:01:26
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
1416998 C Patrick Henry 6290 Sequence Drive
San Diego CA 92121
Ceo & President 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 2011-01-12 15,000 $0.33 29,338 No 4 M Direct
Common Stock Disposition 2011-01-12 15,000 $13.33 14,338 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 Incentive Stock Option (right to buy) Disposition 2011-01-12 15,000 $0.00 15,000 $0.33
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
135,000 2013-09-12 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 157,418 Indirect '09 GRAT PH
Common Stock 157,418 Indirect '09 GRAT WH
Common Stock 349,952 Indirect by Trust
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 2, 2010.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.23 to $13.51 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 fort in this footnote.
  3. The shares are held by the Patrick C. Henry and Wendy A. Henry, Trustees of the Patrick C. Henry 2009 Annuity Trust, dated March 26, 2009, of which the Reporting Person holds a pecuniary interest in the annuity provided for in the trust agreement.
  4. The shares are held by the Patrick C. Henry and Wendy A. Henry, Trustees of the Wendy A. Henry 2009 Annuity Trust, dated March 26, 2009, of which the Reporting Person holds a pecuniary interest in the annuity provided for in the trust agreement.
  5. By Patrick C. Henry and Wendy A. Henry Family Trust
  6. 1/4th of the shares vest one year after the Vesting Commencement Date beginning 9/2/03. 1/48th of the shares vest monthly thereafter over the next three years. The options may be early exercised prior to vesting but any exercised and unvested shares are subject to a right of repurchase on behalf of the Issuer. Additionally, grant is subject to accelerated vesting on the terms and conditions set forth in such individual's Change of Control Agreement.