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MACOM Technology Solutions Holdings, Inc. — Director's Dealing 2017
Mar 7, 2017
30656_dirs_2017-03-07_26e37871-b8f1-4f0d-bf04-eccbd2a74c07.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: MACOM Technology Solutions Holdings, Inc. (MTSI)
CIK: 0001493594
Period of Report: 2017-03-03
Reporting Person: CHUNG PETER Y (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-03-03 | Common Stock | A | 2835 | — | Acquired | 20251 | Indirect |
Footnotes
F1: Represents restricted stock units granted to Mr. Chung as part of the director compensation program. The restricted stock units will settle on February 15, 2018, provided that Mr. Chung remains in continuous service with the Issuer through the vesting date, solely by delivery of an equal number of shares of Common Stock. Mr. Chung holds any restricted stock units for the benefit of Summit Partners, L.P. which he has empowered to determine when the underlying shares will be sold and which is entitled to the proceeds of any such sales.
F2: Summit Partners, L.P., through a two-person Investment Committee, responsible for voting and investment decisions with respect to the Issuer, currently composed of Martin J. Mannion and Peter Y. Chung, has voting and dispositive authority over the shares and restricted stock units reported herein and therefore may be deemed to beneficially own such shares. In addition, Mr. Chung is a member of Summit Master Company, LLC. Summit Partners, L.P., Mr. Mannion and Mr. Chung disclaims beneficial ownership of the shares of common stock and the restricted stock units, except to the extent of their pecuniary interest therein.