Robert Dennehy - 15 Dec 2023 Form 4 Insider Report for MACOM Technology Solutions Holdings, Inc. (MTSI)

Signature
/s/ Ambra R. Roth, Attorney-in-Fact
Issuer symbol
MTSI
Transactions as of
15 Dec 2023
Net transactions value
-$174,671
Form type
4
Filing time
19 Dec 2023, 17:10:41 UTC
Previous filing
11 Dec 2023
Next filing
12 Jan 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MTSI Common Stock Sale $174,671 -1,858 -4.4% $94.01 39,907 15 Dec 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The shares were sold pursuant to a sales plan adopted by the Reporting Person on August 30, 2023, and intended to comply with Rule 10b5-1 under the Securities Exchange Act of 1934.