X0303 4 2010-08-16 0 0001059786 MIPS TECHNOLOGIES INC MIPS 0001455207 Shulman Gail H MIPS TECHNOLOGIES, INC. 955 EAST ARQUES AVENUE SUNNYVALE CA 94085 0 1 0 0 General Counsel Non-Qualified Stock Option (right to buy) 6.00 2010-08-16 4 A 0 40000 6.00 A 2017-08-16 Common Stock 40000 40000 D Restricted Stock Units 2010-08-16 4 A 0 16000 0 A 2013-08-16 Common Stock 16000 16000 D This option will vest over thirty-six (36) months at a rate of one thirty-sixth (1/36) per month beginning with the first monthly anniversary of the grant date. Each restricted stock unit represents a contingent right to receive one share of common stock. One-third (1/3) of the restricted stock units vest on each of the first three (3) anniversaries of August 16, 2010, subject to the reporting person's continued employment with the Company on each such date. Gail H. Shulman 2010-08-17