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PDF SOLUTIONS INC — Director's Dealing 2013
May 30, 2013
32198_dirs_2013-05-30_4e66d363-bd3e-4d0a-a2a6-e9afac281657.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: PDF SOLUTIONS INC (PDFS)
CIK: 0001120914
Period of Report: 2013-05-28
Reporting Person: HARTGRING CORNELIS (Vice President, CSS)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-05-28 | Common Stock | A | 13915 | — | Acquired | 36403 | Direct |
| 2013-05-28 | Common Stock | F | 654 | $18.59 | Disposed | 35749 | Direct |
Footnotes
F1: These shares represent an award of restricted stock units. Of the total shares, (1) 6,957 shares of restricted stock units shall vest as follows: 25% of the Total Shares vested on the May 28, 2013 and 25% of the Total Shares shall vest annually thereafter until fully vested, subject to the Recipient's continued Service through each applicable vesting date; and (2) 6,958 shares of restricted stock units shall vest as follows: 12.5% of the Total Shares vested on the date that is six (6) month after May 1, 2013 and 12.5% of the Total Shares shall vest on each date that is six (6) months thereafter until fully vested, subject to the Recipient's continued Service through each applicable vesting date.
F2: This represents a disposition of shares to the Company to satisfy tax withholding obligations with respect to the vesting of restricted Stock rights. This is not a sale of shares in the market.