SEC FORM
4
SEC Form 4
| FORM 4 |
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
or Section 30(h) of the Investment Company Act of 1940
|
| OMB APPROVAL |
| OMB Number: |
3235-0287 |
| Estimated average burden |
| hours per response: |
0.5 |
|
|
 |
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue.
See
Instruction 1(b). |
1. Name and Address of Reporting Person*
| 500 CRESCENT COURT, SUITE 230 |
|
(Street)
|
2. Issuer Name and Ticker or Trading Symbol
PIXELWORKS, INC
[ PXLW ]
|
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
|
Director |
X |
10% Owner |
|
Officer (give title below) |
|
Other (specify below) |
|
|
3. Date of Earliest Transaction
(Month/Day/Year)
08/24/2012
|
4. If Amendment, Date of Original Filed
(Month/Day/Year)
|
6. Individual or Joint/Group Filing (Check Applicable Line)
|
Form filed by One Reporting Person |
| X |
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. Transaction Date
(Month/Day/Year) |
2A. Deemed Execution Date, if any
(Month/Day/Year) |
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 |
08/24/2012 |
|
P |
|
16,900 |
A |
$3.0971
|
846,600 |
I |
See Footnotes
|
| Common Stock |
08/27/2012 |
|
P |
|
2,400 |
A |
$3.1475
|
849,000 |
I |
See Footnotes
|
| Common Stock |
08/27/2012 |
|
P |
|
3,846 |
A |
$3.1434
|
852,846 |
I |
See Footnotes
|
| Common Stock |
08/27/2012 |
|
P |
|
1,700 |
A |
$3.1306
|
854,546 |
I |
See Footnotes
|
| Common Stock |
|
|
|
|
|
|
|
1,864,485 |
I |
See Footnotes
|
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
(Month/Day/Year) |
3A. Deemed Execution Date, if any
(Month/Day/Year) |
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
(Month/Day/Year) |
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: 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 |
1. Name and Address of Reporting Person*
| 500 CRESCENT COURT, SUITE 230 |
|
(Street)
|
1. Name and Address of Reporting Person*
| 500 CRESCENT COURT, SUITE 230 |
|
(Street)
|
1. Name and Address of Reporting Person*
| 500 CRESCENT COURT, SUITE 230 |
|
(Street)
|
1. Name and Address of Reporting Person*
| 500 CRESCENT COURT |
| SUITE 230 |
(Street)
|
1. Name and Address of Reporting Person*
| 500 CRESCENT COURT |
| SUITE 230 |
(Street)
|
1. Name and Address of Reporting Person*
| 500 CRESCENT COURT |
| SUITE 230 |
(Street)
|
1. Name and Address of Reporting Person*
| 500 CRESCENT COURT |
| SUITE 230 |
(Street)
|
| Explanation of Responses: |
|
|
|
|
|
| Remarks: |
|
|
See Exhibit 99.1 |
08/28/2012 |
|
** 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 Number. |
rrd318265_359605.html
EXHIBIT 24.1
POWER OF ATTORNEY
August 28, 2012
Know all men by these presents, that each of Becker Drapkin Management,
L.P., Becker Drapkin Partners (QP), L.P., Becker Drapkin Partners, L.P.,
BD Partners IV, L.P., BC Advisors, LLC, Steven R. Becker and Matthew A. Drapkin
hereby constitutes and appoints Ashley Sekimoto, as the true and lawful
attorney-in-fact and agent of such party with full power and authority and full
power of substitution and resubstitution, for, in the name of, and on behalf of
such party, place and stead, in any and all capacities, (i) to execute any and
all filings required by such party under Section 13 or Section 16 of the
Securities Exchange Act of 1934, as amended (the "Exchange Act") (or any similar
rule with respect to foreign exchanges) or any rule or regulation thereunder
(including any amendment, supplement, and/or exhibit thereto), for, in the name
of, and on behalf of such party, (ii) to do and perform any and all acts for, in
the name of, and on behalf of such party which said attorney-in-fact determines
may be necessary or appropriate to complete and execute any and all such
filings, amendments, supplements and/or exhibits and any and all other
document(s) in connection therewith, (iii) to file such filings, amendments,
supplements, exhibits and/or documents with any governmental office or agency,
whether U.S., foreign, state or local government (including, without limitation,
the U.S. Securities and Exchange Commission and state securities administrators
or commissions), or any stock exchange or stock quotation system, as may be
required under applicable laws or rules and regulations of any stock exchange or
stock quotation system, and (iv) to perform any and all other acts that said
attorney-in-fact or agent determines may be necessary or appropriate in
connection with the foregoing that may be in the best interest of or legally
required by such party, granting unto said attorney-in-fact and agent full power
and authority to do and perform each and every act and thing requisite or
necessary to be done in and about the premises, as fully to all intents and
purposes as such party might or could do in person, hereby ratifying and
confirming all that said attorney-in-fact and agent shall do or cause to be done
by virtue hereof. Each of Becker Drapkin Management, L.P., Becker Drapkin
Partners (QP), L.P., Becker Drapkin Partners, L.P., BD Partners IV, L.P., BC
Advisors, LLC, Steven R. Becker and Matthew A. Drapkin hereby acknowledges that
the foregoing attorney-in-fact and agent in serving in such capacity at the
request of such party, is not assuming any of the responsibilities of such party
to comply with Section 16 or Section 13(d) of the Exchange Act and the rules
and regulations promulgated thereunder.
This Power of Attorney shall remain in full force and effect until each
of Becker Drapkin Management, L.P., Becker Drapkin Partners (QP), L.P., Becker
Drapkin Partners, L.P., BD Partners IV, L.P., BC Advisors, LLC, Steven R. Becker
and Matthew A. Drapkin is no longer required to file reports under Section 13 or
Section 16 of the Exchange Act (or any similar rule with respect to foreign
exchanges) or any rule or regulation thereunder (including any amendment,
supplement, and/or exhibit thereto), unless earlier revoked by any of Becker
Drapkin Management, L.P., Becker Drapkin Partners (QP), L.P., Becker Drapkin
Partners, L.P., BD Partners IV, L.P., BC Advisors, LLC, Steven R. Becker or
Matthew A. Drapkin in a signed writing delivered to Ashley Sekimoto.
IN WITNESS WHEREOF, each party hereto has caused this agreement to be
executed and effective as of the date first written above.
Date: August 28, 2012 BECKER DRAPKIN MANAGEMENT, L.P.
By: BC Advisors, LLC
Its: General Partner
By: /s/ Steven R. Becker
-----------------------------------
Name: Steven R. Becker
Title: Managing Member
BECKER DRAPKIN PARTNERS (QP), L.P.
By: Becker Drapkin Management, L.P.
Its: General Partner
By: BC Advisors, LLC
Its: General Partner
By: /s/ Steven R. Becker
-----------------------------------
Name: Steven R. Becker
Title: Managing Member
BECKER DRAPKIN PARTNERS, L.P.
By: Becker Drapkin Management, L.P.
Its: General Partner
By: BC Advisors, LLC
Its: General Partner
By: /s/ Steven R. Becker
-----------------------------------
Name: Steven R. Becker
Title: Managing Member
BD PARTNERS IV, L.P.
By: Becker Drapkin Management, L.P.
Its: General Partner
By: BC Advisors, LLC
Its: General Partner
By: /s/ Steven R. Becker
-----------------------------------
Name: Steven R. Becker
Title: Managing Member
BC ADVISORS, LLC
By: /s/ Steven R. Becker
-----------------------------------
Name: Steven R. Becker
Title: Managing Member
STEVEN R. BECKER
/s/ Steven R. Becker
----------------------------------------
MATTHEW A. DRAPKIN
/s/ Matthew A. Drapkin
----------------------------------------
rrd318265_359606.html
EXHIBIT 99.1
SIGNATURES
Date: August 28,2012 BECKER DRAPKIN MANAGEMENT, L.P.
By: BC Advisors, LLC
Its: General Partner
By: /s/ Ashley Sekimoto
---------------------------------
Name: Ashley Sekimoto
Title: Attorney-in-Fact
BECKER DRAPKIN PARTNERS (QP), L.P.
By: Becker Drapkin Management, L.P.
Its: General Partner
By: BC Advisors, LLC
Its: General Partner
By: /s/ Ashley Sekimoto
---------------------------------
Name: Ashley Sekimoto
Title: Attorney-in-Fact
BECKER DRAPKIN PARTNERS, L.P.
By: Becker Drapkin Management, L.P.
Its: General Partner
By: BC Advisors, LLC
Its: General Partner
By: /s/ Ashley Sekimoto
---------------------------------
Name: Ashley Sekimoto
Title: Attorney-in-Fact
BD PARTNERS IV, L.P.
By: Becker Drapkin Management, L.P.
Its: General Partner
By: BC Advisors, LLC
Its: General Partner
By: /s/ Ashley Sekimoto
---------------------------------
Name: Ashley Sekimoto
Title: Attorney-in-Fact
BC ADVISORS, LLC
By: /s/ Ashley Sekimoto
---------------------------------
Name: Ashley Sekimoto
Title: Attorney-in-Fact
STEVEN R. BECKER
/s/ Ashley Sekimoto
----------------------------------------
Name: Ashley Sekimoto
Title: Attorney-in-Fact
MATTHEW A. DRAPKIN
/s/ Ashley Sekimoto
----------------------------------------
Name: Ashley Sekimoto
Title: Attorney-in-Fact
rrd318265_359607.html
EXHIBIT 99.2
JOINT FILER INFORMATION
Other Reporting Person(s)
1. BECKER DRAPKIN PARTNERS (QP), L.P.
--------------------------------------------------------------------------------
Item Information
--------------------------------------------------------------------------------
Name: BECKER DRAPKIN PARTNERS (QP), L.P.
--------------------------------------------------------------------------------
Address: 500 Crescent Court, Suite 230, Dallas, Texas 75201
--------------------------------------------------------------------------------
Designated Filer: Becker Drapkin Management, L.P.
--------------------------------------------------------------------------------
Date of Event Requiring August 24, 2012
Statement(Month/Day/Year):
--------------------------------------------------------------------------------
Issuer Name and Ticker or Pixelworks, Inc. [PXLW]
Trading Symbol:
--------------------------------------------------------------------------------
Relationship of Reporting 10% Owner
Person(s) to Issuer:
--------------------------------------------------------------------------------
If Amendment, Date Original Not Applicable
Filed (Month/Day/Year):
--------------------------------------------------------------------------------
Individual or Joint/ Form filed by More than One Reporting Person
Group Filing:
--------------------------------------------------------------------------------
Signature: By: Becker Drapkin Management, L.P.
Its: General Partner
By: BC Advisors, LLC
Its: General Partner
By: /s/ Ashley Sekimoto
---------------------
Name: Ashley Sekimoto
Title: Attorney-in-Fact
Date: August 28, 2012
--------------------------------------------------------------------------------
2. BECKER DRAPKIN PARTNERS, L.P.
--------------------------------------------------------------------------------
Item Information
--------------------------------------------------------------------------------
Name: BECKER DRAPKIN PARTNERS, L.P.
--------------------------------------------------------------------------------
Address: 500 Crescent Court, Suite 230, Dallas, Texas 75201
--------------------------------------------------------------------------------
Designated Filer: Becker Drapkin Management, L.P.
--------------------------------------------------------------------------------
Date of Event Requiring August 24, 2012
Statement(Month/Day/Year):
--------------------------------------------------------------------------------
Issuer Name and Ticker or Pixelworks, Inc. [PXLW]
Trading Symbol:
--------------------------------------------------------------------------------
Relationship of Reporting 10% Owner
Person(s) to Issuer:
--------------------------------------------------------------------------------
If Amendment, Date Original Not Applicable
Filed (Month/Day/Year):
--------------------------------------------------------------------------------
Individual or Joint/Group Form filed by More than One Reporting Person
Filing:
--------------------------------------------------------------------------------
Signature: By: Becker Drapkin Management, L.P.
Its: General Partner
By: BC Advisors, LLC
Its: General Partner
By: /s/ Ashley Sekimoto
----------------------
Name: Ashley Sekimoto
Title: Attorney-in-Fact
Date: August 28, 2012
--------------------------------------------------------------------------------
3. BD PARTNERS IV, L.P.
--------------------------------------------------------------------------------
Item Information
--------------------------------------------------------------------------------
Name: BD PARTNERS IV, L.P.
--------------------------------------------------------------------------------
Address: 500 Crescent Court, Suite 230, Dallas, Texas 75201
--------------------------------------------------------------------------------
Designated Filer: Becker Drapkin Management, L.P.
--------------------------------------------------------------------------------
Date of Event Requiring August 24, 2012
Statement(Month/Day/Year):
--------------------------------------------------------------------------------
Issuer Name and Ticker or Pixelworks, Inc. [PXLW]
Trading Symbol:
--------------------------------------------------------------------------------
Relationship of Reporting 10% Owner
Person(s) to Issuer:
--------------------------------------------------------------------------------
If Amendment, Date Original Not Applicable
Filed (Month/Day/Year):
--------------------------------------------------------------------------------
Individual or Joint/Group Form filed by More than One Reporting Person
Filing:
--------------------------------------------------------------------------------
Signature: By: Becker Drapkin Management, L.P.
Its: General Partner
By: BC Advisors, LLC
Its: General Partner
By: /s/ Ashley Sekimoto
----------------------
Name: Ashley Sekimoto
Title: Attorney-in-Fact
Date: August 28, 2012
--------------------------------------------------------------------------------
4. BC ADVISORS, LLC
--------------------------------------------------------------------------------
Item Information
--------------------------------------------------------------------------------
Name: BC ADVISORS, LLC
--------------------------------------------------------------------------------
Address: 500 Crescent Court, Suite 230, Dallas, Texas 75201
--------------------------------------------------------------------------------
Designated Filer: Becker Drapkin Management, L.P.
--------------------------------------------------------------------------------
Date of Event Requiring August 24, 2012
Statement (Month/Day/Year):
--------------------------------------------------------------------------------
Issuer Name and Ticker or Pixelworks, Inc. [PXLW]
Trading Symbol:
--------------------------------------------------------------------------------
Relationship of Reporting 10% Owner
Person(s) to Issuer:
--------------------------------------------------------------------------------
If Amendment, Date Original Not Applicable
Filed (Month/Day/Year):
--------------------------------------------------------------------------------
Individual or Joint/Group Form filed by More than One Reporting Person
Filing:
--------------------------------------------------------------------------------
Signature:
By: /s/ Ashley Sekimoto
---------------------
Name: Ashley Sekimoto
Title: Attorney-in-Fact
Date: August 28, 2012
--------------------------------------------------------------------------------
5. STEVEN R. BECKER
--------------------------------------------------------------------------------
Item Information
--------------------------------------------------------------------------------
Name: STEVEN R. BECKER
--------------------------------------------------------------------------------
Address: 500 Crescent Court, Suite 230, Dallas, Texas 75201
--------------------------------------------------------------------------------
Designated Filer: Becker Drapkin Management, L.P.
--------------------------------------------------------------------------------
Date of Event Requiring August 24, 2012
Statement(Month/Day/Year):
--------------------------------------------------------------------------------
Issuer Name and Ticker or Pixelworks, Inc. [PXLW]
Trading Symbol:
--------------------------------------------------------------------------------
Relationship of Reporting Director and 10% Owner
Person(s) to Issuer:
--------------------------------------------------------------------------------
If Amendment, Date Original Not Applicable
Filed (Month/Day/Year):
--------------------------------------------------------------------------------
Individual or Joint/Group Form filed by More than One Reporting Person
Filing:
--------------------------------------------------------------------------------
Signature:
By: /s/ Ashley Sekimoto
------------------------
Name: Ashley Sekimoto
Title: Attorney-in-Fact
Date: August 28, 2012
--------------------------------------------------------------------------------
6. MATTHEW A. DRAPKIN
--------------------------------------------------------------------------------
Item Information
--------------------------------------------------------------------------------
Name: MATTHEW A. DRAPKIN
--------------------------------------------------------------------------------
Address: 500 Crescent Court, Suite 230, Dallas, Texas 75201
--------------------------------------------------------------------------------
Designated Filer: Becker Drapkin Management, L.P.
--------------------------------------------------------------------------------
Date of Event Requiring August 24, 2012
Statement (Month/Day/Year):
--------------------------------------------------------------------------------
Issuer Name and Ticker or Pixelworks, Inc. [PXLW]
Trading Symbol:
--------------------------------------------------------------------------------
Relationship of Reporting 10% Owner
Person(s) to Issuer:
--------------------------------------------------------------------------------
If Amendment, Date Original Not Applicable
Filed (Month/Day/Year):
--------------------------------------------------------------------------------
Individual or Joint/Group Form filed by More than One Reporting Person
Filing:
--------------------------------------------------------------------------------
Signature:
By: /s/ Ashley Sekimoto
-----------------------
Name: Ashley Sekimoto
Title: Attorney-in-Fact
Date: August 28, 2012
--------------------------------------------------------------------------------
rrd318265_359609.html
EXHIBIT 99.3
JOINT FILING AGREEMENT
August 28, 2012
Pursuant to and in accordance with the Securities Exchange Act of 1934,
as amended (the "Exchange Act"), and the rules and regulations thereunder, each
party hereto hereby agrees to the joint filing, on behalf of each of them, of
any filing required by such party under Section 13 or Section 16 of the Exchange
Act or any rule or regulation thereunder (including any amendment, restatement,
supplement, and/or exhibit thereto) with the Securities and Exchange Commission
(and, if such security is registered on a national securities exchange, also
with the exchange), and further agrees to the filing, furnishing, and/or
incorporation by reference of this agreement as an exhibit thereto. This
agreement shall remain in full force and effect until revoked by any party
hereto in a signed writing provided to each other party hereto, and then only
with respect to such revoking party.
IN WITNESS WHEREOF, each party hereto, being duly authorized, has caused
this agreement to be executed and effective as of the date first written above.
Date: August 28, 2012 BECKER DRAPKIN MANAGEMENT, L.P.
By: BC Advisors, LLC
Its: General Partner
By: /s/ Ashley Sekimoto
-------------------------------
Name: Ashley Sekimoto
Title: Attorney-in-Fact
BECKER DRAPKIN PARTNERS (QP), L.P.
By: Becker Drapkin Management, L.P.
Its: General Partner
By: BC Advisors, LLC
Its: General Partner
By: /s/ Ashley Sekimoto
-------------------------------
Name: Ashley Sekimoto
Title: Attorney-in-Fact
BECKER DRAPKIN PARTNERS, L.P.
By: Becker Drapkin Management, L.P.
Its: General Partner
By: BC Advisors, LLC
Its: General Partner
By: /s/ Ashley Sekimoto
-------------------------------
Name: Ashley Sekimoto
Title: Attorney-in-Fact
BD PARTNERS IV, L.P.
By: Becker Drapkin Management, L.P.
Its: General Partner
By: BC Advisors, LLC
Its: General Partner
By: /s/ Ashley Sekimoto
-------------------------------
Name: Ashley Sekimoto
Title: Attorney-in-Fact
BC ADVISORS, LLC
By: /s/ Ashley Sekimoto
-------------------------------
Name: Ashley Sekimoto
Title: Attorney-in-Fact
STEVEN R. BECKER
/s/ Ashley Sekimoto
---------------------------------------
Name: Ashley Sekimoto
Title: Attorney-in-Fact
MATTHEW A. DRAPKIN
/s/ Ashley Sekimoto
---------------------------------------
Name: Ashley Sekimoto
Title: Attorney-in-Fact
