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PDF SOLUTIONS INC — Director's Dealing 2015
Jun 2, 2015
32198_dirs_2015-06-02_551416b3-d3c2-4cb7-a3d4-5b2ad717f91b.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: WALKER GREGORY C (CFO, VP Finance)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-06-01 | Common Stock | A | 9750 | — | Acquired | 22684 | Direct |
| 2015-06-01 | Common Stock | F | 1552 | $16.48 | Disposed | 21132 | Direct |
Footnotes
F1: These shares represent an award of restricted stock units. Of the total shares, (1) 3,250 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) 6,500 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.