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 *

MERCHANT KENNETH A
2. Issuer Name and Ticker or Trading Symbol

ENTROPIC COMMUNICATIONS INC [ ENTR ]
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)

6350 SEQUENCE DRIVE
3. Date of Earliest Transaction (MM/DD/YYYY)

4/22/2015
(Street)

SAN DIEGO, CA 92121
(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   4/22/2015     M    12769   A $2.5   159037   D    
Common Stock   4/22/2015     M    98461   A $1.495   257498   D    
Common Stock                  1500   I   by Spouse  

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 Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. 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 Date 7. 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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Non-Qualified Stock Option (right to buy)   $1.495   4/22/2015     M         98461      (1) 5/17/2017   Common Stock   98461   $0   0   D    
Non-Qualified Stock Option (right to buy)   $2.5   4/22/2015     M         12769      (2) 5/19/2019   Common Stock   12769   $0   0   D    

Explanation of Responses:
( 1)  1/4 of the shares vested one year after the Vesting Commencement Date beginning 5/17/07, and 1/48th of the shares vested monthly thereafter over the next three years.
( 2)  1/12th of the shares vested each month over twelve consecutive months beginning on 5/19/09.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
MERCHANT KENNETH A
6350 SEQUENCE DRIVE
SAN DIEGO, CA 92121
X



Signatures
Lance W. Bridges, as attorney-in-fact for Kenneth A. Merchant 4/23/2015
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
ERShares Entrepreneurs ETF (NASDAQ:ENTR)
Gráfico Histórico do Ativo
De Out 2024 até Nov 2024 Click aqui para mais gráficos ERShares Entrepreneurs ETF.
ERShares Entrepreneurs ETF (NASDAQ:ENTR)
Gráfico Histórico do Ativo
De Nov 2023 até Nov 2024 Click aqui para mais gráficos ERShares Entrepreneurs ETF.