0000753568-14-000033.txt : 20140505
0000753568-14-000033.hdr.sgml : 20140505
20140505181456
ACCESSION NUMBER: 0000753568-14-000033
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20140501
FILED AS OF DATE: 20140505
DATE AS OF CHANGE: 20140505
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: EXAR CORP
CENTRAL INDEX KEY: 0000753568
STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674]
IRS NUMBER: 941741481
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0331
BUSINESS ADDRESS:
STREET 1: 48720 KATO ROAD
STREET 2: 48720 KATO ROAD
CITY: FREMONT
STATE: CA
ZIP: 94538
BUSINESS PHONE: 5106687000
MAIL ADDRESS:
STREET 1: 48720 KATO RD
CITY: FREMONT
STATE: CA
ZIP: 94538-1167
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: DINARDO LOUIS
CENTRAL INDEX KEY: 0001204394
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36012
FILM NUMBER: 14814882
MAIL ADDRESS:
STREET 1: 48720 KATO ROAD
CITY: FREMONT
STATE: CA
ZIP: 94538
4
1
edgardoc.xml
PRIMARY DOCUMENT
X0306
4
2014-05-01
0
0000753568
EXAR CORP
EXAR
0001204394
DINARDO LOUIS
48720 KATO ROAD
FREMONT
CA
94538
0
1
0
0
President and CEO
Common Stock
2014-05-01
4
A
0
100000
0
A
311800
D
Common Stock
2014-05-01
4
F
0
12527
10.46
D
299273
D
In accordance with Section 3.3(b) of Mr. DiNardo's December 1, 2011 Employment Agreement with the Company filed with the SEC on December 6, 2011,Mr. DiNardo was granted an award of 300,000 restricted stock units (RSUs) in March 2012 that is eligible to vest in three tranches based on the issuer's achievement of specified financial performance targets. The first 33.4% of the second 100,000 RSU Tranche of the RSU Award vested on May 1, 2014 since the performance criteria was met. The remaining 66.6%of the first Tranche will vest in two equal amounts at the end of fiscal year 2015 and fiscal year 2016, respectively, provided that Mr. DiNardo remains actively and continuously employed with the Company through the applicable vesting date.
Transaction represents tax withholding in connection with the restricted stock units as described in note (1) above . Pursuant to terms of award, upon vesting issuer automatically reduces the number of shares payable in connection with the vesting of the award by a number of shares having a value equal to the tax withholding obligations arising from the vesting of the award. These tax withholding transactions are exempt under Rule 16b-3 of the Securities Exchange Act of 1934, as amended. The reporting person is reporting (using Code F) the shares not issued by the issuer because of the applicable tax withholding.
By: Thomas R. Melendrez, Attorney-at-Law For: Louis DiNardo
2014-05-05
EX-24
2
pofald.txt
EDGAR SUPPORTING DOCUMENT
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
Attn: Filing Desk
Gentlemen:
By means of this letter, I authorize Thomas R. Melendrez and
Kevin S. Bauer, or either of them individually, to sign on
my behalf all forms required under Section 16(a) of the
Securities Exchange Act of 1934, as amended, relating to
transactions involving the stock or derivative securities of
Exar Corporation (the "Company"). Either such individual
is accordingly authorized to sign any Form 3, Form 4,
Form 5 or amendment thereto which I am required to file
with the same effect as if I had signed them myself.
This authorization shall remain in effect until revoked in
writing by me.
Very truly yours,
Signed: Louis DiNardo
Typed Name: Louis DiNardo
Date Signed: January 4, 2012