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Silicon Laboratories director just picked up 5,007 shares

Navdeep S Sooch, a director of Silicon Laboratories, recently acquired 5,007 shares of the company. The buys took place at $0.00 per share (and therefore, likely the result of option or restricted share grants), on April 21, 2016. Sooch now owns 674,756 shares of the company. Sooch operates out of Austin, TX. Some additional info was provided as follows:

Reflects the grant of restricted stock units (RSUs) that will entitle Reporting Person to receive one (1) share of common stock per RSU. The RSUs will vest completely on the earlier of (i) the first (1st) anniversary of the date of grant, or (ii) the date one day prior to the Annual Shareholders' Meeting in the year following the grant date. The grant will be settled pursuant to the terms of the Issuer's 2009 Stock Incentive Plan as amended and reinstated on April 30, 2014.

The above information was disclosed in a filing to the SEC. To see the filing, click here.

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Other recent filings from the company include the following:

Silicon Laboratories director just picked up 3,338 shares - April 22, 2016
Submission of Matters to a Vote of Security - April 22, 2016
Silicon Laboratories director just picked up 3,338 shares - April 22, 2016