-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, CUPACo0jV88HANgsrC0xjXw+FNZNQTN5+w6/uyWiMyV2yvrzbP9E0hDe9JXLPW8Q xROsQA4AK4jsclFeIjLz8A== 0001181431-11-006865.txt : 20110202 0001181431-11-006865.hdr.sgml : 20110202 20110202200614 ACCESSION NUMBER: 0001181431-11-006865 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110131 FILED AS OF DATE: 20110202 DATE AS OF CHANGE: 20110202 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Elyakim Ofer CENTRAL INDEX KEY: 0001455222 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-23006 FILM NUMBER: 11568173 MAIL ADDRESS: STREET 1: 5 SHENKAR STREET CITY: HERZELIA STATE: L3 ZIP: 46120 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: DSP GROUP INC /DE/ CENTRAL INDEX KEY: 0000915778 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 942683643 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 2580 NORTH FIRST STREET STREET 2: SUITE 460 CITY: SAN JOSE STATE: CA ZIP: 95131 BUSINESS PHONE: 408-986-4300 MAIL ADDRESS: STREET 1: 2580 NORTH FIRST STREET STREET 2: SUITE 460 CITY: SAN JOSE STATE: CA ZIP: 95131 4 1 rrd299473.xml O. ELYAKIM - FORM 4 X0303 4 2011-01-31 0 0000915778 DSP GROUP INC /DE/ DSPG 0001455222 Elyakim Ofer C/O DSP GROUP, INC. 2580 NORTH FIRST STREET, SUITE 460 SAN JOSE CA 95131 0 1 0 0 Chief Executive Officer Stock Appreciation Right 7.49 2011-01-31 4 A 0 105000 0 A 2018-01-31 Common Stock 70000 70000 D The Stock Appreciation Right vests 25% after 1 year and 6.25% each quarter thereafter. The Stock Appreciation Right grant is subject to a ceiling such that when the fair market value of the Company's common stock is equal to or great than three times the base appreciation amount of the stock appreciation right, the portion of the stock appreciation rights that is vested on such date is automatically exercised on the next trading day and the appreciation amount is paid by the issuance of the respective number of shares of the Company's common stock. Therefore, the number of underlying shares of common stock that may be received upon exercise cannot exceed 2/3 of the number of stock appreciation rights granted. /s/ Ofer Elyakim 2011-02-02 -----END PRIVACY-ENHANCED MESSAGE-----