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Microsemi Corporation's EVP & Chief Strategy Officer just cashed-in 73,464 options

Steven G Litchfield, Microsemi Corporation's EVP & Chief Strategy Officer, recently cashed-in 73,464 options. The options were exercised at $0.00, while the disposals took place between $36.18 and $36.51 per share, on November 03, 2015. Litchfield continues to hold 60,447 shares of the company. Litchfield 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 47,500 Performance Rights was granted on 11/05/2012 and between 0% and 250 % of...