Peter Y. Chung - Mar 3, 2023 Form 4 Insider Report for MACOM Technology Solutions Holdings, Inc. (MTSI)

Role
Director
Signature
Adam H. Hennessey, POA for Peter Y. Chung
Stock symbol
MTSI
Transactions as of
Mar 3, 2023
Transactions value $
$0
Form type
4
Date filed
3/7/2023, 03:05 PM
Previous filing
Nov 17, 2022
Next filing
May 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MTSI Common Stock Award $0 +2.24K +5.19% $0.00 45.5K Mar 3, 2023 See Remarks F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units granted to Mr. Chung as part of the director compensation program. The restricted stock units will vest on March 3, 2024, and will settle solely by delivery of an equal number of shares of Common Stock provided that Mr. Chung remains in continuous service with the Issuer through the vesting date.
F2 The 45,512 shares and restricted stock units are held in the name of Mr. Chung, which are held for the benefit of Summit Partners, L.P.
F3 Mr. Chung holds any Common Stock and restricted stock units for the benefit of Summit Partners, L.P. which he has empowered to determine when the underlying shares will be sold and which is entitled to the proceeds of any such sales. Summit Partners, L.P., through a two-person Investment Committee, responsible for voting and investment decisions with respect to the Issuer, currently composed of Scott C. Collins and Peter Y. Chung, has voting and dispositive authority over the shares and restricted stock units reported herein and therefore may be deemed to beneficially own such shares. Summit Partners, L.P., Mr. Collins and Mr. Chung disclaims beneficial ownership of the shares of common stock and the restricted stock units, except to the extent of their pecuniary interest therein.