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PIXELWORKS, INC — Director's Dealing 2020
Feb 18, 2020
34550_dirs_2020-02-18_3a7baceb-9393-4db8-9eed-db3e51705a1a.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: PIXELWORKS, INC (PXLW)
CIK: 0001040161
Period of Report: 2020-02-13
Reporting Person: DEBONIS TODD (Director, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-02-13 | Common Stock | A | 250000 | — | Acquired | 1123139 | Direct |
| 2020-02-18 | Common Stock | F | 53329 | $4.7831 | Disposed | 1069810 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy) | $2.46 | 2022-01-04 | Common Stock (350000) | 350000 | Direct |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive one share of the registrant's common stock. The restricted stock units will vest 33% on February 15, 2021, 33% on February 15, 2022 and 34% on February 15, 2023.
F2: A portion of the tax obligation resulting from the restricted stock units released on February 14, 2020 was paid in cash by the executive officer and the remaining portion was covered by shares sold on February 18, 2020.
F3: 25% vests on January 31, 2017, with the remaining 75% vesting ratably on a monthly basis thereafter over three years.