0001576570-15-000038.txt : 20150506
0001576570-15-000038.hdr.sgml : 20150506
20150506181347
ACCESSION NUMBER: 0001576570-15-000038
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20150504
FILED AS OF DATE: 20150506
DATE AS OF CHANGE: 20150506
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: 15838683
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
2015-05-04
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 (5)
2015-05-04
4
A
0
17782.0
0.0
A
Common Stock
17782
17782
D
Restricted Stock Unit (RSU)
2015-05-04
4
A
0
20746.0
0.0
A
Common Stock
20746
62525
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 4, 2015 and ending May 4, 2018 (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, 2018.
Subject to the Reporting Person's continuing employment and the provisions in the Altera's standard form of RSU award agreement, the shares shall vest at a rate of 25% annually. Shares will be delivered to the reporting person on such vest date.
Katherine E. Schuelke
2015-05-06