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Microsemi Corporation's Chairman of the Board & CEO just cashed-in 183,667 options

James J Peterson, Microsemi Corporation's Chairman of the Board & CEO and a director of the company, recently cashed-in 183,667 options. The options were exercised at $0.00, while the disposals took place between $36.22 and $36.51 per share, on November 03, 2015. Peterson continues to hold 232,415 shares of the company. Peterson operates out of Aliso Viejo, CA. Some additional info was provided as follows:

Amount represents shares withheld to satisfy tax withholdings in connection with the vesting of previously awarded performance rights. The transactions reported on this form were executed pursuant to a 10b5-1 plan. Each Performance Right represents a right to receive one share of Microsemi common stock. A target of 119,000 Performance Rights was granted on 11/05/20 12 and between...