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PDF SOLUTIONS INC — Director's Dealing 2015
Jun 2, 2015
32198_dirs_2015-06-02_f166205c-d012-47ed-8b60-108fa2d26a36.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: 2015-06-01
Reporting Person: HARTGRING CORNELIS (Vice President, CSS)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-06-01 | Common Stock | A | 11250 | — | Acquired | 43287 | Direct |
| 2015-06-01 | Common Stock | F | 1617 | $16.48 | Disposed | 41670 | Direct |
Footnotes
F1: These shares represent an award of restricted stock units. Of the total shares, (1) 3,750 shares of restricted stock units shall vest as follows: 25% of the total shares shall vest on June 1, 2015 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) 7,500 shares of restricted stock units shall vest as follows: 12.5% of the total shares shall vest on the date that is six (6) month after June 1, 2015 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.