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SILICON LABORATORIES INC. — Director's Dealing 2011
Feb 16, 2011
31118_dirs_2011-02-16_f24fa009-e1a3-4fbb-9f90-cded7457b141.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: SILICON LABORATORIES INC (SLAB)
CIK: 0001038074
Period of Report: 2011-02-14
Reporting Person: IVESTER JONATHAN D (Sr VP of Worldwide Operations)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-02-14 | Common Stock, $0.0001 par value | M | 6000 | $32.11 | Acquired | 116577 | Direct |
| 2011-02-14 | Common Stock, $0.0001 par value | S | 6000 | $45.91 | Disposed | 110577 | Direct |
| 2011-02-15 | Common Stock, $0.0001 par value | A | 7348 | $0.0001 | Acquired | 117925 | Direct |
| 2011-02-15 | Common Stock, $0.0001 par value | F | 1958 | $45.73 | Disposed | 115967 | Direct |
| 2011-02-15 | Common Stock, $0.0001 par value | F | 1322 | $45.73 | Disposed | 114645 | Direct |
| 2011-02-14 | Common Stock, $0.0001 par value | S | 900 | $45.91 | Disposed | 6150 | Indirect |
| 2011-02-14 | Common Stock, $0.0001 par value | S | 900 | $45.91 | Disposed | 6150 | Indirect |
| 2011-02-14 | Common Stock, $0.0001 par value | S | 900 | $45.91 | Disposed | 6150 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-02-14 | Non-Qualified Stock Option (right to buy) | $32.11 | M | 6000 | Disposed | 2017-02-15 | Common Stock, $0.0001 par value (6000) | Direct |
Footnotes
F1: Shares sold pursuant to Reporting Person's 10b5-1 Trading Plan.
F2: Reflects the grant of restricted stock units (RSUs) that will entitle Reporting Person to receive one share of common stock per RSU. The RSUs will vest completely on the third (3rd) anniversary of the date of grant and will be settled pursuant to the terms of the Issuer's 2009 Stock Incentive Plan.
F3: These shares are held in a trust for the benefit of Reporting Person's child. Reporting Person is co-trustee of the trust.
F4: Option vests and becomes exercisable with respect to (i) twenty percent (20%) of the option shares upon the date exercisable and (ii) the balance of the option shares in a series of forty-eight (48) successive monthly installments over the forty-eight (48) month period measured from the date exercisable.
F5: Not applicable per instruction 4(c)(iii).