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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 | ||||||||
Employee stock option (right to buy) | $ 13 | 07/16/2004 | D | 40,200 | (6) | 07/16/2014 | Class A Common Stock | 40,200 | $ 40 (7) | 0 | D | ||||
Employee stock option (right to buy) | $ 7.5264 | 12/02/2004 | D | 32,406 | (8) | 05/06/2013 | Class A Common Stock | 32,406 | $ 40 (9) | 0 | D | ||||
Employee stock option (right to buy) | $ 12.4792 | 12/02/2004 | D | 5,401 | (10) | 03/26/2012 | Class A Common Stock | 5,401 | $ 40 (9) | 0 | D | ||||
Employee stock option (right to buy) | $ 13.3679 | 12/02/2004 | D | 13,503 | (10) | 05/07/2012 | Class A Common Stock | 13,503 | $ 40 (9) | 0 | D | ||||
Employee stock option (right to buy) | $ 18.96 | 05/11/2005 | D | 70,000 | (11) | 05/11/2012 | Class A Common Stock | 70,000 | $ 40 (12) | 0 | D | ||||
Employee stock option (right to buy) | $ 31.45 | 04/24/2006 | D | 42,762 | (11) | 04/24/2013 | Class A Common Stock | 42,762 | $ 40 (12) | 0 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Perkins David C/O FREESCALE SEMICONDUCTOR, INC. 6501 WILLIAM CANNON DRIVE WEST AUSTIN, TX 78735 |
Senior VP & GM |
/a/ David Perkins by Dathan Voelter under Power of Attorney | 12/05/2006 | |
**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) | Reflects the issuance of restricted stock units that settle in Issuer's Class A Common Stock pursuant to a performance based award granted to Reporting Person under the Freescale Semiconductor, Inc. Omnibus Incentive Plan of 2005. The amount of restricted stock units issued under the award was calculated pursuant to the change of control provisions of the award agreement as a result of the transactions consummated under the Merger Agreement dated September 15, 2006 by and among the Issuer, Firestone Holdings LLC and Firestone Acquisition Corporation. |
(2) | Includes Reporting Person's restricted stock units which were accelerated and converted into the right to receive $40 per share in cash or equity, as applicable, on the Transaction Date under the terms of the Merger Agreement dated September 15, 2006, by and among the Issuer, Firestone Holdings LLC and Firestone Acquisition Corporation. |
(3) | Reporting Person's holdings of Issuer's Class A Common Stock held in Issuer's 401(k) Plan were converted into the right to receive $40 per share in cash under the terms of the Merger Agreement dated September 15, 2006, by and among Issuer, Firestone Holdings LLC and Firestone Acquisition Corporation. In accordance with the Merger Agreement, the shares were converted into the right to receive $40 per share in cash to be allocated to other investments offered under Issuer's 401(k) Plan. |
(4) | Consists of Reporting Person's holdings of Issuer's Class B Common Stock which were converted into the right to receive $40 per share in cash or equity, as applicable, on the Transaction Date under the terms of the Merger Agreement dated September 15, 2006, by and among the Issuer, Firestone Holdings LLC and Firestone Acquisition Corporation. |
(5) | Reporting Person's holdings of Issuer's Class B Common Stock held in Issuer's 401(k) Plan were converted into the right to receive $40 per share in cash under the terms of the Merger Agreement dated September 15, 2006, by and among Issuer, Firestone Holdings LLC and Firestone Acquisition Corporation. In accordance with the Merger Agreement, the shares were converted into the right to receive $40 per share in cash to be allocated to other investments offered under Issuer's 401(k) Plan. |
(6) | Only vested options can be exercised. The option vests over three years, with 33% vesting on the first two anniversaries of the grant date, and the remaining 34% vesting on the third anniversary of the grant date. 33% of the original option was exercised on July 22, 2005. |
(7) | Reporting Person's options were accelerated under the terms of the Merger Agreement dated September 15, 2006, by and among Issuer, Firestone Holdings LLC and Firestone Acquisition Corporation. This option to purchase Issuer common stock was granted under the Omnibus Incentive Plan of 2004. In accordance with the Merger Agreement, this option was cancelled and converted into the right to receive cash or equity, as applicable, in an amount equal to the excess (if any) of $40 per share over the exercise price per share of the option, multiplied by the number of shares subject to the option. |
(8) | Only vested options can be exercised; 33 1/3% of the shares vested on May 6, 2005, 33 1/3% of the shares vested on May 6, 2006, and the remaining 33 1/3% of the shares vest on May 6, 2007. 33 1/3% of the original option was exercised on July 22, 2005. |
(9) | Reporting Person's unvested options were accelerated under the terms of the Merger Agreement dated September 15, 2006, by and among Issuer, Firestone Holdings LLC and Firestone Acquisition Corporation. This option to purchase Issuer common stock was granted under the Freescale Semiconductor, Inc. Conversion Plan of 2004. In accordance with the Merger Agreement, this option was cancelled and converted into the right to receive cash or equity, as applicable, in an amount equal to the excess (if any) of $40 per share over the exercise price per share of the option, multiplied by the number of shares subject to the option. |
(10) | These options became fully vested on May 7, 2006. 50% of the original option was exercised on July 22, 2005. |
(11) | Only vested options can be exercised. The options vest at the rate of 25% per year on each anniversary of the grant date so that the option is fully vested on the fourth anniversary of the grant date. |
(12) | Reporting Person's options were accelerated under the terms of the Merger Agreement dated September 15, 2006, by and among Issuer, Firestone Holdings LLC and Firestone Acquisition Corporation. This option to purchase Issuer common stock was granted under the Freescale Semiconductor, Inc. Omnibus Incentive Plan of 2005. In accordance with the Merger Agreement, this option was cancelled and converted into the right to receive cash or equity, as applicable, in an amount equal to the excess (if any) of $40 per share over the exercise price per share of the option, multiplied by the number of shares subject to the option. |