Vitesse Semiconductor Corporation's Chief Financial Officer just picked up 64,500 shares

Martin S Mcdermut, Vitesse Semiconductor Corporation's Chief Financial Officer, recently acquired 64,500 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. Mcdermut now owns 355,665 shares of the company. Mcdermut operates out of Camarillo, CA. Some additional info was provided as follows:

Represents a grant of restricted stock units, of which 25% vests on October 24, 2014 and an additional 25% vests on each of October 7, 2015, October 7, 2016 and October 7, 2017.

The above information was disclosed in a filing to the SEC. To see this filing in its entirety, click here.

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