Sec Form 4 Filing - NADER TAVAKOLI @ MAGNACHIP SEMICONDUCTOR Corp - 2013-08-09

Insider filing report for Changes in Beneficial Ownership
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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
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
NADER TAVAKOLI
2. Issuer Name and Ticker or Trading Symbol
MAGNACHIP SEMICONDUCTOR Corp [ MX]
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)
20400 STEVENS CREEK BOULEVARD, SUITE 370
3. Date of Earliest Transaction (MM/DD/YY)
08/09/2013
(Street)
CUPERTINO, CA95014
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction 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 08/09/2013 M 6,800 A $ 13.56 25,550 D
Common Stock 08/09/2013 S 6,800 D $ 19.25 18,750 D
Common Stock 08/09/2013 S 8,200 D $ 19.06 ( 1 ) 10,550 D
Common Stock 08/12/2013 M 5,000 A $ 13.56 15,550 D
Common Stock 08/12/2013 S 5,000 D $ 19.1 10,550 D
Common Stock 08/12/2013 S 5,000 D $ 19.15 5,550 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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
Employee Stock Option (right to buy) $ 13.56 08/09/2013 M 6,800 ( 2 ) 03/11/2020 Common Stock 6,800 $ 0 18,200 D
Employee Stock Option (right to buy) $ 13.56 08/12/2013 M 5,000 ( 2 ) 03/11/2020 Common Stock 5,000 $ 0 13,200 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
NADER TAVAKOLI
20400 STEVENS CREEK BOULEVARD, SUITE 370
CUPERTINO, CA95014
X
Signatures
/s/ John McFarland, Attorney-in-Fact 08/12/2013
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The price reported for the 8,200 shares of common stock in Column 4 of Table I is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.99 to $19.14, inclusive. The reporting person undertakes to provide to MagnaChip Semiconductor Corporation, any security holder of MagnaChip Semiconductor Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.
( 2 )Option became vested and exercisable as follows: 34% on 3/11/2011; 9% on 6/11/2011; 8% on each of 9/11/2011, 12/11/2011, and 3/11/2012; 9% on 6/11/2012; and 8% on each of 9/11/2012, 12/11/2012, and 3/11/2013.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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