0001406390-14-000032.txt : 20140507
0001406390-14-000032.hdr.sgml : 20140507
20140507123202
ACCESSION NUMBER: 0001406390-14-000032
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20140505
FILED AS OF DATE: 20140507
DATE AS OF CHANGE: 20140507
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: ALTERA CORP
CENTRAL INDEX KEY: 0000768251
STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674]
IRS NUMBER: 770016691
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 101 INNOVATION DR
CITY: SAN JOSE
STATE: CA
ZIP: 95134
BUSINESS PHONE: 408.544.8790
MAIL ADDRESS:
STREET 1: 101 INNOVATION DR
CITY: SAN JOSE
STATE: CA
ZIP: 95134
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: NELSON MARK JON
CENTRAL INDEX KEY: 0001554623
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-16617
FILM NUMBER: 14819777
MAIL ADDRESS:
STREET 1: 101 INNOVATION DRIVE
CITY: SAN JOSE
STATE: CA
ZIP: 95134
4
1
edgardoc.xml
PRIMARY DOCUMENT
X0306
4
2014-05-05
0
0000768251
ALTERA CORP
ALTR
0001554623
NELSON MARK JON
101 INNOVATION DRIVE
SAN JOSE
CA
95134
0
1
0
0
Sr VP, Worldwide Sales
Performance Restricted Stock Unit (2)
2014-05-05
4
A
0
31660.0
0.0
A
Common Stock
31660
31660
D
Restricted Stock Unit (RSU)
2014-05-05
4
A
0
23744.0
0.0
A
Common Stock
23744
65509
D
Each restricted stock unit ("RSU") represents a contingent right to receive at settlement one share of Altera common stock at no cost.
The performance restricted stock units ("PRSUs") were granted under Altera's 2005 Equity Incentive Plan. The exact number of PRSUs (Calculated Shares) that may be earned will be determined by comparing Altera's total shareholder return ("TSR") to the TSR of the Philadelphia Semiconductor Total Return Index (the "Index") immediately preceding and at the end of the three-year period commencing May 5, 2014 and ending May 5, 2017 (the "Performance Period"). Each 1% difference between Altera's TSR and the Index TSR at the end of the Performance Period will result in a 2% upwards or downwards adjustment to the payout percentage. The number of performance stock units shown in columns 5 and 7 is equal to the maximum number of PRSUs that may be earned. The minimum number of PRSUs that may be earned is zero. Subject to the Reporting Person's continuing employment and the provisions set forth in the PRSU award agreement, 100% of the Calculated Shares will vest on May 31, 2017.
Subject to the Reporting Person's continuing employment and the provisions of Altera's standard form of RSU award agreement, the shares will commence vesting on May 14, 2015 at a rate of 25% annually. Shares will be delivered to the Reporting Person on each such vest date.
Mark Jon Nelson
2014-05-06