FORM 3 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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1. Name and Address of Reporting Person*
(Street)
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2. Date of Event Requiring Statement
(Month/Day/Year) 05/12/2011 |
3. Issuer Name and Ticker or Trading Symbol
SILICON LABORATORIES INC [ SLAB ] |
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4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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5. If Amendment, Date of Original Filed
(Month/Day/Year) |
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6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Beneficially Owned | |||
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1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
Common Stock, $0.0001 par value | 60,347(1) | D |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
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1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Non-Qualified Stock Option (right to buy) | 02/15/2008(2) | 02/15/2017 | Common Stock, $0.0001 par value | 13,000 | 32.11 | D | |
Non-Qualified Stock Option (right to buy) | 02/15/2009(3) | 02/15/2018 | Common Stock, $0.0001 par value | 11,511 | 31.96 | D |
Explanation of Responses: |
1. Includes 43,795 restricted stock units (RSUs) that will entitle Reporting Person to receive one share of common stock per RSU. 13,911 RSUs will vest on February 15, 2012 and will be settled pursuant to the terms of the Issuer's 2000 Stock Incentive Plan. 7,169 RSUs will vest on February 15, 2012, 14,339 RSUs will vest on February 15, 2013, and 8,376 RSUs will vest on February 15, 2014 and will be settled pursuant to the terms of the Issuer's 2009 Stock Incentive Plan. |
2. Originally granted 30,000 option shares. Option vests and becomes exercisable with respect to (i) twenty percent (20%) of the total granted option shares on the date exercisable and (ii) the balance of the total granted option shares in a series of forty-eight (48) successive monthly installments over the forty-eight (48) month period measured from the date exercisable. |
3. Originally granted 21,250 option shares. Option vests and becomes exercisable with respect to (i) twenty-five percent (25%) of the total granted option shares on the date exercisable and (ii) the balance of the total granted option shares in a series of thirty-six (36) successive monthly installments over the thirty-six (36) month period measured from the date exercisable. |
George Tyson Tuttle | 05/16/2011 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 5 (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). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
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 Number. |