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DSPG DSP Group Inc

21.98
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
DSP Group Inc NASDAQ:DSPG NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 21.98 21.99 22.00 0 01:00:00

Statement of Changes in Beneficial Ownership (4)

22/02/2021 9:31pm

Edgar (US Regulatory)


FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Seligsohn Gabi
2. Issuer Name and Ticker or Trading Symbol

DSP GROUP INC /DE/ [ DSPG ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__X__ Director                    _____ 10% Owner
_____ Officer (give title below)    _____ Other (specify below)
(Last)          (First)          (Middle)

2055 GATEWAY PLACE, SUITE 480
3. Date of Earliest Transaction (MM/DD/YYYY)

2/18/2021
(Street)

SAN JOSE, CA 95110
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
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. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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 2/18/2021  M  770 A$9.71 34254 D  
Common Stock 2/18/2021  M  4826 A$10.87 39080 D  
Common Stock 2/18/2021  S  5596 D$16.5351 33484 D  
Common Stock 2/19/2021  M  1750 A$10.87 35234 D  
Common Stock 2/19/2021  S  1750 D$16.5936 (1)33484 (2)D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. 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 of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (Right to Buy) $9.71 2/18/2021  M     770   (3)1/1/2024 Common Stock 770 $0 0 D  
Stock Option (Right to Buy) $10.87 2/18/2021  M     4826   (4)1/1/2025 Common Stock 4826 $0 3174 D  
Stock Option (Right to Buy) $10.87 2/19/2021  M     1750   (4)1/1/2025 Common Stock 1750 $0 1424 D  

Explanation of Responses:
(1) This transaction was executed in multiple trades ranging from $16.50 to $16.74. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range set forth herein.
(2) Represents 27,420 shares outstanding and 6,064 unvested RSUs.
(3) The option fully vested on 01/01/2015.
(4) The option fully vested on 01/01/2016.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Seligsohn Gabi
2055 GATEWAY PLACE, SUITE 480
SAN JOSE, CA 95110
X



Signatures
/s/ Gabi Seligsohn2/22/2021
**Signature of Reporting PersonDate

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