Filing Details

Accession Number:
0001580231-17-000016
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-05-11 16:27:09
Reporting Period:
2017-05-10
Filing Date:
2017-05-11
Accepted Time:
2017-05-11 16:27:09
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1040161 Pixelworks Inc PXLW Semiconductors & Related Devices (3674) 911761992
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1603917 J. David Tupman 224 Airport Parkway
Suite 400
San Jose CA 95110
Yes No 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 Disposition 2017-05-10 6,000 $5.49 44,139 No 4 S Direct
Common Stock Acquisiton 2017-05-10 6,496 $0.00 50,635 No 4 A Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 A Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Non-Qualified Stock Option (right to buy) $5.50 2020-04-02 10,000 10,000 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2020-04-02 10,000 10,000 Direct
Footnotes
  1. This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by Dr. Tupman in February 2017. The Rule 10b5-1 trading plan provides for the sale on a pre-specified date of up to 6,000 of the shares that were released to Dr. Tupman on May 9, 2017 in connection with the annual grant awarded to him upon reelection to the Board of Directors on May 11, 2016.
  2. Each restricted stock unit represents a contingent right to receive one share of the registrant's common stock. The restricted stock units will vest in full on the first to occur of (1) the day before the next annual meeting of the registrant's shareholders that follows the grant date or (2) the first anniversary of the grant date. The restricted stock units will be paid upon vesting, subject to any election by the reporting person to defer payment of the units to a later date.
  3. 25% vest on the first anniversary of the date of grant, with the remaining 75% vesting ratably on a monthly basis thereafter over three years.