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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Performance Restricted Stock Unit (3) | (2) | 07/31/2013 | M | 11,375 | (3) | (4) | Common Stock | 11,375 | $ 0 | 11,375 | D | ||||
Restricted Stock Unit (RSU) | (5) | 07/31/2013 | M | 10,000 | (6) | (4) | Common Stock | 10,000 | $ 0 | 51,415 | D | ||||
Restricted Stock Unit (RSU) | (5) | 07/31/2013 | M | 4,875 | (7) | (4) | Common Stock | 4,875 | $ 0 | 46,540 | D | ||||
Restricted Stock Unit (RSU) | (5) | 07/31/2013 | M | 10,750 | (8) | (4) | Common Stock | 10,750 | $ 0 | 35,790 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
BIRAN DAN 101 INNOVATION DRIVE SAN JOSE, CA 95134 |
Sr VP, Strategy |
DANNY BIRAN | 08/02/2013 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Shares of common stock were withheld at vesting to cover required tax withholding. The fair market value of Altera common stock used for purposes of calculating the number of shares to be withheld was the closing price of Altera common stock as reported on the NASDAQ Stock Market on such vesting date. |
(2) | Each performance-based Restricted Stock Unit ("PRSU") represents a contingent right to receive at settlement one share of Altera common stock at no cost. |
(3) | On February 19, 2010, the Reporting Person received a grant of performance-based restricted stock units ("PRSUs"). The PRSUs commenced vesting on July 31, 2011 at a rate of 25% annually. One fourth of the PRSUs vested on July 31, 2013 and shares were delivered to the Reporting Person on that date. |
(4) | The grant shall expire ten years from the date of grant. |
(5) | Each Restricted Stock Unit ("RSU") represents a contingent right to receive at settlement one share of Altera common stock at no cost. |
(6) | On March 16, 2009, the Reporting Person received a grant of RSUs that vest over a four-year period beginning on July 31, 2010. One fourth of the RSUs vested on July 31, 2013 and shares were delivered to the Reporting Person on that date. |
(7) | On February 19, 2010, the Reporting Person received a grant of RSUs that vest over a four-year period beginning on July 31, 2011. One fourth of the RSUs vested on July 31, 2013 and shares were delivered to the Reporting Person on that date. |
(8) | On February 25, 2011, the Reporting Person received a grant of RSUs that vest over a four-year period beginning on July 31, 2012. One fourth of the RSUs vested on July 31, 2013 and shares were delivered to the Reporting Person on that date. |