0001576570-15-000039.txt : 20150506
0001576570-15-000039.hdr.sgml : 20150506
20150506181405
ACCESSION NUMBER: 0001576570-15-000039
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: WATERS JEFFREY
CENTRAL INDEX KEY: 0001540025
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-16617
FILM NUMBER: 15838684
MAIL ADDRESS:
STREET 1: 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
0001540025
WATERS JEFFREY
101 INNOVATION DRIVE
SAN JOSE
CA
95134
0
1
0
0
SVP & GM, Business Unit
Performance Restricted Stock Unit (5)
2015-05-04
4
A
0
19560.0
0.0
A
Common Stock
19560
19560
D
Restricted Stock Unit (RSU)
2015-05-04
4
A
0
22821.0
0.0
A
Common Stock
22821
85445
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.
Jeffrey W Waters
2015-05-06