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MACOM Technology Solutions Holdings, Inc. — Director's Dealing 2012
Mar 21, 2012
30656_dirs_2012-03-21_85b57744-211f-45cc-86c0-e066fa5cc401.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: M/A-COM Technology Solutions Holdings, Inc. (MTSI)
CIK: 0001493594
Period of Report: 2012-03-20
Reporting Person: CHUNG PETER Y (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-03-20 | Common Stock | C | 8471200 | — | Acquired | 8471200 | Indirect |
| 2012-03-20 | Common Stock | A | 2631 | — | Acquired | 8473831 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2012-03-20 | Class B Convertible Preferred Shares | $ | C | 33884814 | Disposed | Common Stock (8471200) | Indirect |
Footnotes
F1: The Common Stock is held as follows: 5,283,026 shares in the name of Summit Partners Private Equity Fund VII-A, L.P.; 3,173,070 shares in the name of Summit Partners Private Equity Fund VII-B, L.P.; 14,108 shares in the name of Summit Investors I, LLC; 996 shares in the name of Summit Investors I (UK), L.P.
F2: The Class B Convertible Preferred Stock is convertible into M/A-COM Technology Solutions Holdings, Inc. common stock on the basis of one share of Common Stock for every four shares of Class B Convertible Preferred Stock at the closing of M/A-COM Technology Solutions Holdings, Inc.'s intial public offering and has no expiration date.
F3: The Convertible Class B Preferred Stock was held as follows: 21,132,108 shares in the name of Summit Partners Private Equity Fund VII-A, L.P.; 12,692,284 shares in the name of Summit Partners Private Equity Fund VII-B, L.P.; 56,436 shares in the name of Summit Investors I, LLC; 3,986 shares in the name of Summit Investors I (UK), L.P.
F4: These shares vest on March 15, 2013.
F5: Represents restricted stock granted to Mr. Chung as a part of director compensation. Mr. Chung is a member of Summit Master Company, LLC, which is the general partner of Summit Partners, L.P. Mr. Chung is deemed to hold the restricted stock for the benefit of Summit Partners, L.P., which determines when the restricted stock will be sold and is entitled to the proceeds. Accordingly, Summit Partners, L.P. and Summit Master Company, LLC may be deemed indirect beneficial owners of the restricted stock. Mr. Chung, Summit Partners, L.P. and Summit Master Company each disclaims beneficial ownership of the restricted stock except to the extent of its pecuniary interest therein.
F6: The Common Stock is held as follows: 5,283,026 shares in the name of Summit Partners Private Equity Fund VII-A, L.P.; 3,173,070 shares in the name of Summit Partners Private Equity Fund VII-B, L.P.; 14,108 shares in the name of Summit Investors I, LLC; 996 shares in the name of Summit Investors I (UK), L.P; 2,631 shares in the name of Peter Y. Chung, which are held for the benefit of Summit Partners, L.P.