Dean W. Butler - May 23, 2025 Form 4 Insider Report for PIXELWORKS, INC (PXLW)

Role
Director
Signature
Dean W. Butler
Stock symbol
PXLW
Transactions as of
May 23, 2025
Transactions value $
$0
Form type
4
Date filed
5/27/2025, 04:34 PM
Previous filing
May 19, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Butler Dean Warren Director 16760 SW UPPER BOONES FERRY ROAD, SUITE 101, PORTLAND Dean W. Butler 2025-05-23 0001791047

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PXLW Common Stock Award +177K +131.51% 311K May 23, 2025 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) 56.1K May 23, 2025 Common Stock 56.1K $2.07 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.