SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
DECKER DWIGHT W

(Last) (First) (Middle)
4000 MACARTHUR BLVD., EAST TOWER

(Street)
NEWPORT BEACH CA 92660

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
MINDSPEED TECHNOLOGIES, INC [ MSPD ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
03/10/2010
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/10/2010 A 3,000(1) A $0.0000 313,711 D
Common Stock 380 I By IRA
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Buy) $11.793 03/10/2010 D(2) 35,697 02/10/2001(2) 04/03/2012 Common Stock 35,697 $0(2) 0 D
Stock Option (Right to Buy) $11.793 03/10/2010 A(2) 35,697 02/10/2001(2) 04/03/2012 Common Stock 35,697 $0(2) 35,697 D
Stock Option (Right to Buy) $11.793 03/10/2010 D(3) 53,643 07/24/2001(3) 04/03/2012 Common Stock 53,643 $0(3) 0 D
Stock Option (Right to Buy) $11.793 03/10/2010 A(3) 53,643 07/24/2001(3) 04/03/2012 Common Stock 53,643 $0(3) 53,643 D
Stock Option (Right to Buy) $9.001 03/10/2010 D(4) 33,352 03/30/2002(4) 03/30/2011 Common Stock 33,352 $0(4) 0 D
Stock Option (Right to Buy) $9.001 03/10/2010 A(4) 33,352 03/30/2002(4) 03/30/2011 Common Stock 33,352 $0(4) 33,352 D
Stock Option (Right to Buy) $22.0295 03/10/2010 D(5) 7,149 10/27/2001(5) 10/27/2010 Common Stock 7,149 $0(5) 0 D
Stock Option (Right to Buy) $22.0295 03/10/2010 A(5) 7,149 10/27/2001(5) 10/27/2010 Common Stock 7,149 $0(5) 7,149 D
Stock Option (Right to Buy) $11.793 03/10/2010 D(6) 64 02/10/2001(6) 04/02/2012 Common Stock 64 $0(6) 0 D
Stock Option (Right to Buy) $11.793 03/10/2010 A(6) 64 02/10/2001(6) 04/02/2012 Common Stock 64 $0(6) 64 D
Stock Option (Right to Buy) $4.848 03/10/2010 D(7) 22,284 11/04/2003(7) 11/04/2010 Common Stock 22,284 $0(7) 0 D
Stock Option (Right to Buy) $4.848 03/10/2010 A(7) 22,284 11/04/2003(7) 11/04/2010 Common Stock 22,284 $0(7) 22,284 D
Stock Option (Right to Buy) $4.848 03/10/2010 D(7) 13,466 11/04/2003(7) 11/03/2012 Common Stock 13,466 $0(7) 0 D
Stock Option (Right to Buy) $4.848 03/10/2010 A(7) 13,466 11/04/2003(7) 11/03/2012 Common Stock 13,466 $0(7) 13,466 D
Stock Option (Right to Buy) $9.001 03/10/2010 D(8) 800 03/30/2002(8) 03/29/2010 Common Stock 800 $0(8) 0 D
Stock Option (Right to Buy) $9.001 03/10/2010 A(8) 800 03/30/2002(8) 03/29/2010 Common Stock 800 $0(8) 800 D
Stock Option (Right to Buy) $8.39 03/10/2010 A 4,000 03/10/2011(9) 03/10/2020 Common Stock 4,000 $0 4,000 D
Explanation of Responses:
1. The acquisition represents an award of restricted stock units subject to vesting upon the reporting person's retirement or resignation from the board of directors of the Company under certain circumstances. Upon vesting, the restricted stock units shall be settled in the form of the Company's common stock.
2. The two reported transactions involved an amendment of the outstanding option to extend the exercisability of the option, resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The option was originally granted on February 10, 2000 and provided for vesting in four equal annual installments commencing on February 10, 2001.
3. The two reported transactions involved an amendment of the outstanding option to extend the exercisability of the option, resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The option was originally granted on July 24, 2000 and provided for vesting in four equal annual installments commencing on July 24, 2001.
4. The two reported transactions involved an amendment of the outstanding option to extend the exercisability of the option, resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The option was originally granted on March 30, 2001 and provided for vesting in three annual installments as to 50% commencing on March 30, 2002, and 25% each year thereafter.
5. The two reported transactions involved an amendment of the outstanding option to extend the exercisability of the option, resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The option was originally granted on October 27, 2000 and provided for vesting in two equal annual installments commencing on October 27, 2001.
6. The two reported transactions involved an amendment of the outstanding option to extend the exercisability of the option, resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The option was originally granted on February 10, 2000 and provided for vesting in four equal annual installments commencing on February 10, 2001.
7. The two reported transactions involved an amendment of the outstanding option to extend the exercisability of the option, resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The option was originally granted on November 4, 2002 and provided for vesting in four equal annual installments commencing on November 4, 2003.
8. The two reported transactions involved an amendment of the outstanding option to extend the exercisability of the option, resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The option was originally granted on March 30, 2001 and provided for vesting in three annual installments as to 50% commencing on March 30, 2002, and 25% each year thereafter.
9. The acquisition represents an award of stock options subject to vesting in four approximately equal installments on each of the first, second, third and fourth anniversaries of the award date.
/s/ Brandi Steege 03/12/2010
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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