11/12/2024 | Press release | Distributed by Public on 11/12/2024 17:36
FORM 4
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 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 | ||||||||
Restricted Stock Units | (1) | 11/07/2024 | M | 4,477 | (8) | (8) | Common Stock | 4,477 | $ 0 | 13,428 | D | ||||
Restricted Stock Units | (1) | 11/08/2024 | M | 4,410 | (9) | (9) | Common Stock | 4,410 | $ 0 | 8,820 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Kasnavi Reza 5260 CALIFORNIA AVENUE IRVINE, CA 92617 |
SVP, Tech. & Manufacturing |
Ashran Jen, as Attorney-In-Fact for Reza Kasnavi | 11/12/2024 |
**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) | Restricted stock units convert into shares of common stock on a one-for-one basis. |
(2) | Represents shares withheld to satisfy tax withholding obligations related to the issuance of unrestricted stock to the Reporting Person. |
(3) | Represents 21,498 shares of common stock issued to the Reporting Person pursuant to a performance share award dated 11/8/2022. Such performance share award contained both a continued employment condition and a performance condition related to the achievement by the Issuer of certain pre-established performance metrics for fiscal years 2023 and 2024. |
(4) | This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on 5/15/2024. |
(5) | The price reflects the average selling price of the shares sold. Actual sale prices ranged from $89.09 per share to $89.24 per share. |
(6) | The price reflects the average selling price of the shares sold. Actual sale prices ranged from $89.28 per share to $90.26 per share. |
(7) | This total represents the number of shares of common stock held by the Reporting Person in the Skyworks Solutions, Inc. 401(k) plan based on the latest plan statement dated 10/31/2024. |
(8) | The restricted stock units vest in four (4) equal installments, beginning on 11/7/2024 and ending on 11/7/2027. |
(9) | The restricted stock units vest in four (4) equal installments, beginning on 11/8/2023 and ending on 11/8/2026. |