Christopher R Gardner, Vitesse Semiconductor Corporation's Chief Executive Officer and a director of the company, recently acquired 231,000 shares of the company. The buys took place at $0.00 per share (and therefore, likely the result of option or restricted share grants), on October 07, 2014. Gardner now owns 810,774 shares of the company. Gardner operates out of Camarillo, CA. Some additional info was provided as follows:
Represents a grant of restricted stock units, of which 50% vests on October 24, 2014 and an additional 25% vests on each of October 7, 2015 and October 7, 2016.
The above information was disclosed in a filing to the SEC. To see this filing in its entirety, click here.
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