Tupman David J. - May 10, 2021 Form 4 Insider Report for PIXELWORKS, INC (PXLW)

Role
Director
Signature
David Tupman
Stock symbol
PXLW
Transactions as of
May 10, 2021
Transactions value $
$0
Form type
4
Date filed
5/11/2021, 04:11 PM
Next filing
Aug 2, 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PXLW Common Stock Award +23.7K +17.39% 160K May 10, 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding PXLW Non-Qualified Stock Option (right to buy) 10K May 10, 2021 Common Stock 10K $5.50 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 in full on the first to occur of (1) the day before the next annual meeting of the registrant's shareholders that follows the grant date or (2) the first anniversary of the grant date. The restricted stock units will be paid upon vesting, subject to any election by the reporting person to defer payment of the units to a later date.
F2 25% vest on the first anniversary of the date of grant, with the remaining 75% vesting ratably on a monthly basis thereafter over three years.