Sec Form 4 Filing - Dinu Raluca @ GigOptix, Inc. - 2015-11-02

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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
Dinu Raluca
2. Issuer Name and Ticker or Trading Symbol
GigOptix, Inc. [ GIG]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
SVP - Global Sales & Marketing
(Last) (First) (Middle)
C/O GIGOPTIX, INC., 130 BAYTECH DRIVE
3. Date of Earliest Transaction (MM/DD/YY)
11/02/2015
(Street)
SAN JOSE, CA95134
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 11/02/2015 M 2,500 ( 1 ) A $ 0 28,859 D
Common Stock 11/02/2015 F 992 ( 2 ) D $ 2.55 ( 3 ) 27,867 D
Common Stock 11/02/2015 M 11,500 ( 4 ) A $ 0 39,367 D
Common Stock 11/02/2015 F 4,560 ( 5 ) D $ 2.55 ( 3 ) 34,807 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
Restricted Stock Units (RSUs) $ 0 11/02/2015 M 2,500 ( 1 ) ( 6 ) ( 6 ) Common Stock 2,500 $ 0 25,000 D
Restricted Stock Units (RSUs) $ 0 11/02/2015 M 11,500 ( 4 ) ( 7 ) ( 7 ) Common Stock 11,500 $ 0 0 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Dinu Raluca
C/O GIGOPTIX, INC.
130 BAYTECH DRIVE
SAN JOSE, CA95134
SVP - Global Sales & Marketing
Signatures
/s/ Dr. Raluca Dinu 11/04/2015
Signature of Reporting Person Date
Explanation of Responses:
( 1 )2,500 Restricted Stock Units ("RSUs") issued in the grant to Dr. Dinu on 2/10/2014 vested on 11/1/2015 according to the vesting schedule previously reported.
( 2 )992 shares of Common Stock were withheld by the Company for the purposes of satisfying tax withholding obligations in connection with such vesting as previously reported by the Company.
( 3 )The closing price of the Company's common stock on 11/2/2015.
( 4 )11,500 RSUs issued in the grant to Dr. Dinu on 3/26/2015 vested on 11/1/2015 according to the vesting schedule previously reported.
( 5 )4,560 shares of Common Stock were withheld by the Company for the purposes of satisfying tax withholding obligations in connection with such vesting as previously reported by the Company.
( 6 )The RSUs vest as follows: 25% vested on May 1, 2015. The remaining 75% vest in twelve quarterly installments thereafter, beginning on August 1, 2015 and ending on May 1, 2018.
( 7 )The RSUs vest in three quarterly installments beginning on May 1, 2015 and ending on November 1, 2015.

Remarks:
The vesting date of the RSUs was November 1, 2015, as previously reported by the Issuer, which fell on a Sundaythis year. Normally the shares will issue on the same date as the vesting date, as reported in the previously filed Form 4s for vesting ofRSUs. However, when the vesting date falls on a weekend or federal holiday, due to the normal processing required by the Issuer'stransfer agent, it can take up to two business days after the first business day following the vesting date for the resulting shares to beissued. Therefore the shares resulting from the vesting on November 1, 2015 were not issued until November 2, 2015, as reported in thisForm 4.

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