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PIXELWORKS, INC. (NASDAQ:PXLW) Files An 8-K Other Events

PIXELWORKS, INC. (NASDAQ:PXLW) Files An 8-K Other EventsItem 8.01. Other Events.

On November 29, 2016, Steven L. Moore, the Company’s Chief Financial Officer, Vice President, Secretary and Treasurer, adopted a stock trading plan intended to comply with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended, and the Company’s insider trading policy. The plan provides for the sale of shares to be acquired through the exercise of stock options which are scheduled to expire in February 2017. Rule 10b5-1 allows persons who are not in possession of material, non-public information at the time the stock trading plan is adopted to establish prearranged written plans to buy or sell securities under specified conditions. Transactions under the foregoing trading plan will be disclosed publicly through Form 4 and Form 144 filings with the Securities and Exchange Commission, to the extent required by law.
About PIXELWORKS, INC. (NASDAQ:PXLW)
Pixelworks, Inc. designs, develops and markets video and pixel processing semiconductors, intellectual property cores, software and custom application specific integrated circuit (ASIC) solutions for digital video applications. The Company is engaged in the design and development of integrated circuits (ICs) for use in electronic display devices. It provides its customers with software development tools and with software that provides basic functionality for its ICs and enables connectivity of its customers’ products. Its primary target markets include digital projection systems, Ultrabook devices, tablets and smartphones. Its video display processing technologies include Halo Free Motion Estimation and Motion Compensation (MEMC), Advanced Scaling, Mobile Video Display Processing, and Vuemagic and Networked Displays. Its primary video display processor product categories include ImageProcessor ICs, Video Co-Processor ICs and Networked Display ICs. PIXELWORKS, INC. (NASDAQ:PXLW) Recent Trading Information
PIXELWORKS, INC. (NASDAQ:PXLW) closed its last trading session down -0.08 at 3.08 with 412,205 shares trading hands.
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