0001181431-11-029782.txt : 20110516 0001181431-11-029782.hdr.sgml : 20110516 20110516102156 ACCESSION NUMBER: 0001181431-11-029782 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110510 FILED AS OF DATE: 20110516 DATE AS OF CHANGE: 20110516 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Blanka Lior CENTRAL INDEX KEY: 0001511111 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-23006 FILM NUMBER: 11844000 MAIL ADDRESS: STREET 1: 2580 NORTH FIRST STREET 460 CITY: SAN JOSE STATE: CA ZIP: 95131 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: DSP GROUP INC /DE/ CENTRAL INDEX KEY: 0000915778 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 942683643 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 2580 NORTH FIRST STREET STREET 2: SUITE 460 CITY: SAN JOSE STATE: CA ZIP: 95131 BUSINESS PHONE: 408-986-4300 MAIL ADDRESS: STREET 1: 2580 NORTH FIRST STREET STREET 2: SUITE 460 CITY: SAN JOSE STATE: CA ZIP: 95131 4 1 rrd311381.xml L. BLANKA - FORM 4 X0303 4 2011-05-10 0 0000915778 DSP GROUP INC /DE/ DSPG 0001511111 Blanka Lior C/O DSP GROUP, INC. 2580 NORTH FIRST STREET, SUITE 460 SAN JOSE CA 95131 0 1 0 0 Chief Technology Officer Common Stock 2011-05-10 4 M 0 2537 5.97 A 2537 D Common Stock 2011-05-10 4 S 0 2537 8.20 D 0 D Stock Appreciation Right 5.97 2011-05-10 4 M 0 10000 0 D 2016-02-02 Common Stock 2537 50000 D 25% of the stock appreciation rights vested on February 2, 2010. 6.25% of the remaining stock appreciation rights vest each quarter thereafter. The Stock Appreciation Right grant is subject to a ceiling such that when the fair market value of the Company's common stock is equal to or great than four times the base appreciation amount of the stock appreciation right, the portion of the stock appreciation rights that is vested on such date is automatically exercised on the next trading day and the appreciation amount is paid by the issuance of the respective number of shares of the Company's common stock. Therefore, the number of underlying shares of common stock that may be received upon exercise cannot exceed 3/4 of the number of stock appreciation rights granted. /s/ Lior Blanka 2011-05-11