SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
  
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
TEICHMANN DAVID

(Last) (First) (Middle)
3408 GARRETT DRIVE

(Street)
SANTA CLARA CA 95054-2803

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
TRIDENT MICROSYSTEMS INC [ TRID ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EXE VP, Gen Counsel & Corp Sct
3. Date of Earliest Transaction (Month/Day/Year)
02/08/2010
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/08/2010 A 25,000 A $0 103,878 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Non-Qualified Stock Option (right to buy) $1.81 02/08/2010 A 44,000 (1) 02/08/2020 Common Stock 44,000 $0 44,000 D
Performance Shares (2) 02/08/2010 A 37,500(2) (2) 12/31/2013 Common Stock 37,500(2) $0 37,500(2) D
Explanation of Responses:
1. The option vests in four equal annual installments beginning on the vesting commencement date, February 8, 2010.
2. Each performance share represents a right to receive one share of Trident common stock upon attainment of a Trident stock price goal. The reported number is the maximum number of derivative securities (i.e., 150% of target) that will vest and be settled in an equal number of shares of common stock if the maximum applicable stock price goal is attained and the employee's service has been continuous over the period. One-third of the performance shares will vest, if at all, in each of three performance periods, ending on December 31 in each of 2011, 2012 and 2013. Subject to the reporting person's continued service through the applicable vesting date, 50%, 100% and 150%, respectively, of the target number of performance shares will vest on attainment of the minimum, target and maximum levels of stock price performance, with intermediate levels determined on a linear basis by interpolation.
By: Vicki Hsu, Attorney-in-Fact For: David L. Teichmann 02/10/2010
** 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 4 (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.