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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 | ||||||||
Restricted Stock Units | $ 1.34 | 02/26/2016 | A | 55,224 | 02/26/2019 | 02/26/2019 | Common Stock | 55,224 | $ 1.34 | 289,049 | D | ||||
Restricted Stock Units (1) | $ 1.34 | 02/26/2016 | A | 55,224 | 02/26/2019 | 02/26/2019 | Common Stock | 55,224 | $ 1.34 | 344,273 | D | ||||
Stock Options (2) | $ 1.34 | 02/26/2016 | A | 155,403 | 02/26/2017 | 02/26/2026 | Common Stock | 155,403 | $ 0.4762 | 499,676 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Dhiman Sushil 7949 PARAGON CIRCLE PLEASANTON, CA 94588 |
X | Chief Executive Officer |
/s/ Sushil Dhiman | 03/04/2016 | |
**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) | Includes performance based measures such that the 55,224 shares will only be issued in the event that the three year average total shareholder return on SMTC stock exceeds the three year average total shareholder return based on S&P 500. |
(2) | Stock Options are exercisable as follows: 51,801/ 51,801/ 51,801 on February 26, 2017, February 26, 2018 and February 27, 2019 respectively. |