-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, KC70Z2OVQFNNUUgEpAB38v6N8cnD1UsW4oA0U/94msWdPvzBOSQQ1qnSI3Mem1p5 Xgb5BgT0wraodUqFmFXkbQ== 0001181431-09-039399.txt : 20090813 0001181431-09-039399.hdr.sgml : 20090813 20090813161700 ACCESSION NUMBER: 0001181431-09-039399 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20090811 FILED AS OF DATE: 20090813 DATE AS OF CHANGE: 20090813 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: MOSHAYEDI MEHRDAD CENTRAL INDEX KEY: 0001193507 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-31623 FILM NUMBER: 091010723 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: MOSHAYEDI SEMIFA CENTRAL INDEX KEY: 0001254601 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-31623 FILM NUMBER: 091010721 MAIL ADDRESS: STREET 1: 3001 DAIMLER ST CITY: SANTA ANA STATE: CA ZIP: 92705 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: M&S MOSHAYEDI REVOCABLE TRUST DTD 9-28-98 CENTRAL INDEX KEY: 0001254603 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-31623 FILM NUMBER: 091010722 MAIL ADDRESS: STREET 1: 3001 DAIMLER ST CITY: SANTA ANA STATE: CA ZIP: 92705 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: STEC, INC. CENTRAL INDEX KEY: 0001102741 STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER STORAGE DEVICES [3572] IRS NUMBER: 330399154 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 3001 DAIMLER ST CITY: SANTA ANA STATE: CA ZIP: 92705-5812 BUSINESS PHONE: 8003677330 MAIL ADDRESS: STREET 1: 3001 DAIMLER ST CITY: SANTA ANA STATE: CA ZIP: 92705 FORMER COMPANY: FORMER CONFORMED NAME: SIMPLETECH INC DATE OF NAME CHANGE: 20010507 FORMER COMPANY: FORMER CONFORMED NAME: SIMPLE TECHNOLOGY INC DATE OF NAME CHANGE: 20000106 4 1 rrd250497.xml FORM 4- MOSHAYEDI MEHRDAD (MARK) X0303 4 2009-08-11 1 0001102741 STEC, INC. STEC 0001193507 MOSHAYEDI MEHRDAD 3001 DAIMLER STREET SANTA ANA CA 92705-5812 1 1 1 0 President, COO, CTO, Secretary 0001254603 M&S MOSHAYEDI REVOCABLE TRUST DTD 9-28-98 3001 DAIMLER STREET SANTA ANA CA 92705-5812 0 0 1 0 0001254601 MOSHAYEDI SEMIFA 3001 DAIMLER STREET SANTA ANA CA 92705-5812 0 0 1 0 Common Stock 2009-08-11 4 S 0 1070496 29.76 D 0 I By Trust Common Stock 2009-08-11 4 S 0 70464 29.76 D 0 I By Children Common Stock 2009-08-11 4 S 0 3359040 29.76 D 3379885 I By Trust Non-Qualifed Stock Option (Right to Buy Common Stock) 3.08 2013-05-21 Common Stock 87665 87665 D Non-Qualifed Stock Option (Right to Buy Common Stock) 3.84 2015-02-23 Common Stock 250000 250000 D Incentive Stock Option (Right to Buy Common Stock) 11.76 2013-05-06 Common Stock 37416 37416 D Non-Qualifed Stock Option (Right to Buy Common Stock) 10.69 2018-08-06 Common Stock 12584 12584 D Non-Qualifed Stock Option (Right to Buy Common Stock) 14.09 2019-05-13 Common Stock 75000 75000 D On August 11, 2009, pursuant to an underwriting agreement dated August 5, 2009, among STEC, Inc. (the "Company"), the selling shareholders named therein (Manouch Moshayedi and Mark Moshayedi, both officers and directors of the Company) (the "Selling Shareholders"), and J.P. Morgan Securities Inc. and Deutsche Bank Securities Inc., as representatives of the several underwriters named therein (the "Underwriters"), the Selling Shareholders sold 9,000,000 of their outstanding shares of the Company's common stock to the Underwriters at a per share price of $29.76 (for aggregate proceeds, before expenses, of $267,840,000). These shares were owned directly by the D. and N. Moshayedi Investment Trust, dated 9/25/93, and Mark Moshayedi is an indirect beneficiary of this trust. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein. The shares were owned by the reporting person's children. Mark Moshayedi disclaims beneficial ownership of these securities held by his children except to the extent of his pecuniary interest therein. These shares are owned directly by the M. and S. Moshayedi Revocable Trust, dated 9/25/98, and indirectly by Mark Moshayedi and Semira Moshayedi as co-trustees of this trust. Each of the co-trustees disclaims beneficial ownership of these securities except to the extent of his or her pecuniary interest therein. Due to the sale described in footnote (1) above and corresponding footnote (4) above, the M. and S. Moshayedi Revocable Trust, dated 9/28/98 (of which Semira Moshayedi is co-trustee) is no longer a 10% beneficial owner of the Company's common stock, and thereby is no longer subject to Section 16. The checked box in the top left corner of this Form 4 relates solely to the M. and S. Moshayedi Revocable Trust, dated 9/25/98 and Semira Moshayedi. Mark Moshayedi remains subject to Section 16. These options are fully vested and immediately exercisable. Under the Company's 2000 Stock Incentive Plan and IRS rules, incentive stock options granted to a holder of 10% of more of the Company's common stock must have an exercise price per share not less than 110% of the fair market value per share of the common stock on the grant date and a term of not more than 5 years. This option shall vest and become exercisable in four equal annual installments commencing on May 7, 2009. This option shall vest and become exercisable in four equal annual installments commencing on May 14, 2010. /s/ Mark Moshayedi 2009-08-13 /s/ Mark Moshayedi, co-trustee 2009-08-13 /s/ Semira Moshaedi, co-trustee 2009-08-13 -----END PRIVACY-ENHANCED MESSAGE-----