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Insider Trading Arrangements
3 Months Ended 9 Months Ended
Sep. 30, 2023
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Sep. 30, 2023
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ecd_TradingArrByIndTable    
Material Terms of Trading Arrangement [Text Block]  

Item 5. Other Information

 

Certain of our executive officers have entered into trading plans pursuant to Rule 10b5-1(c) of the Securities Exchange Act of 1934, as amended. A trading plan is a written document that pre-establishes the amounts, prices and dates (or formula for determining the amounts, prices and dates) of future purchases or sales of our common stock, including the exercise and sale of shares acquired pursuant to the 2004 ESPP, and upon vesting of RSUs.

 

The following table summarizes the adoption of trading plans intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) during the three months ended September 30, 2023:

 

Name and Title

 

Adoption Date

 

Plan Duration

 

Intended Sale Amount (in shares)

Michael Hsing, President, Chief Executive Officer and Director

 

August 23, 2023

 

Through December 31, 2024

 

Up to 96,000

       

Maurice Sciammas, Senior Vice President of Worldwide Sales and Marketing

 

August 30, 2023

 

Through December 31, 2024

 

Up to 44,000

       

Deming Xiao, President of Asia Operations

 

August 31, 2023

 

Through December 31, 2024

 

Up to 138,180

       

Bernie Blegen, Executive Vice President and Chief Financial Officer

 

August 18, 2023

 

Through August 15, 2025

 

Up to 52,500

 

During the three months ended September 30, 2023, no pre-existing trading plans intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) were modified or terminated, and no other written trading arrangements that are not intended to qualify for the Rule 10b5-1(c) affirmative defense were adopted, modified, or terminated.

Rule 10b5-1 Arrangement Adopted [Flag] true  
Non-Rule 10b5-1 Arrangement Adopted [Flag] false  
Rule 10b5-1 Arrangement Terminated [Flag] true  
Non-Rule 10b5-1 Arrangement Terminated [Flag] false  
Michael Hsing [Member]    
ecd_TradingArrByIndTable    
Trading Arrangement, Individual Name Michael Hsing  
Trading Arrangement, Individual Title President, Chief Executive Officer and Director  
Trading Arrangement Adoption Date August 23, 2023  
Trading Arrangement Termination Date December 31, 2024  
Trading Arrangement, Securities Aggregate Available Amount 96,000 96,000
Maurice Sciammas [Member]    
ecd_TradingArrByIndTable    
Trading Arrangement, Individual Name Maurice Sciammas  
Trading Arrangement, Individual Title Senior Vice President of Worldwide Sales and Marketing  
Trading Arrangement Adoption Date August 30, 2023  
Trading Arrangement Termination Date December 31, 2024  
Trading Arrangement, Securities Aggregate Available Amount 44,000 44,000
Deming Xiao [Member]    
ecd_TradingArrByIndTable    
Trading Arrangement, Individual Name Deming Xiao  
Trading Arrangement, Individual Title President of Asia Operations  
Trading Arrangement Adoption Date August 31, 2023  
Trading Arrangement Termination Date December 31, 2024  
Trading Arrangement, Securities Aggregate Available Amount 138,180 138,180
Bernie Blegen [Member]    
ecd_TradingArrByIndTable    
Trading Arrangement, Individual Name Bernie Blegen  
Trading Arrangement, Individual Title Executive Vice President and Chief Financial Officer  
Trading Arrangement Adoption Date August 18, 2023  
Trading Arrangement Termination Date August 15, 2025  
Trading Arrangement, Securities Aggregate Available Amount 52,500 52,500