0001406390-14-000034.txt : 20140507 0001406390-14-000034.hdr.sgml : 20140507 20140507123225 ACCESSION NUMBER: 0001406390-14-000034 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: SCHUELKE KATHERINE CENTRAL INDEX KEY: 0001209874 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-16617 FILM NUMBER: 14819780 MAIL ADDRESS: STREET 1: C/O ALTERA CORP STREET 2: 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 0001209874 SCHUELKE KATHERINE 101 INNOVATION DRIVE SAN JOSE CA 95134 0 1 0 0 Sr VP, GC & Secretary Performance Restricted Stock Unit (2) 2014-05-05 4 A 0 26788.0 0.0 A Common Stock 26788 26788 D Restricted Stock Unit (RSU) 2014-05-05 4 A 0 20091.0 0.0 A Common Stock 20091 55668 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. Katerine E. Schuelke 2014-05-06