CSR 5 August 2014
CSR plc
("CSR" or the "Company")
Announcement of the exercise of options
and sale of American Depositary Shares
in the Company by a Director
The Company announces that over the period 31 July 2014 to 4 August 2014, Dr Levy Gerzberg, a non-executive director of the Company, exercised an aggregate of 44,951 options to acquire CSR American Depository Shares ("ADSs") across four separate option grants, which he subsequently sold. Each ADS represents 4 ordinary shares in CSR.
The options which Dr Gerzberg exercised were granted under the Zoran Corporation 2005 Equity Incentive Plan and remained outstanding following the merger between CSR and Zoran Corporation which completed in August 2011.
The tables below summarise the transactions on each of the respective days on which he traded.
Following these transactions, Dr Gerzberg's shareholding in the Company remains unchanged at 7,960 ADSs. Each ADS represents 4 ordinary shares in CSR.
31 July 2014
Plan Name | Number of options held | Exercise price per ADS | Number of options exercised | Number of options remaining | Number of ADS's sold | Average sale price per ADS |
2005 Equity Incentive Plan | 29,483 | $24.48 | 15,807 | 13,676 | 15,807 | $35.6698 |
1 August 2014
Plan Name | Number of options held | Exercise price per ADS | Number of options exercised | Number of options remaining | Number of ADS's sold | Average sale price per ADS |
2005 Equity Incentive Plan | 4,085 | $24.48 | 4,085 | Nil | 4,085 | $36.5070 |
2005 Equity Incentive Plan | 13,676 | $24.48 | 13,676 | Nil | 13,676 | $36.5070 |
2005 Equity Incentive Plan | 5,887 | $16.99 | 4,005 | 1,882 | 4,005 | $36.4410 |
4 August 2014
Plan Name | Number of options held | Exercise price per ADS | Number of options exercised | Number of options remaining | Number of ADS's sold | Average sale price per ADS |
2005 Equity Incentive Plan | 1,882 | $16.99 | 1,882 | Nil | 1,882 | $35.9748 |
2005 Equity Incentive Plan | 31,722 | $16.99 | 5,496 | 26,226 | 5,496 | $35.9748 |
ENDS
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