05cresciform401272015

Page 1 of 3
OMB APPROVAL
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
OMB Number:
3235-0287
Expires:
January 31, 2015
Estimated average burden hours per
response...
0.5
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
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
(Print or Type Responses)
1. Name and Address of Reporting Person
*
2. Issuer Name and Ticker or Trading Symbol
(Last)
(First)
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
ANADIGICS, Inc. [ANAD]
Cresci, David J.
(Middle)
c/o ANADIGICS, Inc.
141 Mt. Bethel Road
Director
_X_ Officer (give title below)
3. Date of Earliest Transaction (Month/Day/Year)
President
01/27/2015
4. If Amendment, Date Original Filed (Month/Day/Year)
(Street)
6. Individual or Joint/Group Filing (Check Applicable Line)
_X_ Form Filed by One Reporting Person
___ Form Filed by More than One Reporting Person
Warren NJ 07059
(City)
10% Owner
Other (specify below)
(State)
1.Title of Security
(Instr. 3)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
(Zip)
2. Transaction
2A. Deemed
Date
Execution Date, if
(Month/Day/Year) any
(Month/Day/Year)
3.
Transaction
Code
(Instr. 8)
Code
4. Securities
Acquired (A) or
Disposed of (D)
(Instr. 3, 4 and 5)
(A)
or
V Amount (D) Price
5. Amount of Securities Beneficially
Owned Following Reported Transaction
(s)
(Instr. 3 and 4)
ANADIGICS Inc. Common Stock
01/27/2015
J
20,833 D
0
578,457
ANADIGICS Inc. Common Stock
01/27/2015
J
22,610 D
0
ANADIGICS, Inc. Common Stock
12/31/2014
M
5,000 A $0.657
555,847
560,847
12/31/2014
https://www.rdg16.com/frmView.aspx?submitid=12461
6.
Ownership
Form:
Direct (D)
or Indirect
(I)
(Instr. 4)
(1)
D
(2)
D
7. Nature
of Indirect
Beneficial
Ownership
(Instr. 4)
D
1/29/2015
Page 2 of 3
1. Title of
Derivative
Security
(Instr. 3)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
2.
3. Transaction
3A. Deemed
4.
5. Number of 6. Date Exercisable and
7. Title and Amount of
Conversion Date
Execution Date, if Transaction Derivative
Expiration Date
Securities Underlying
or Exercise (Month/Day/Year) any
Code
Securities
(Month/Day/Year)
Derivative Security
Price of
Acquired (A)
(Instr. 3 and 4)
(Month/Day/Year) (Instr. 8)
Derivative
or Disposed
of (D)
Security
(Instr. 3, 4,
and 5)
Amount
or
Number
of
Date
Expiration
Code V (A)
(D) Exercisable
Title
Shares
Date
ANADIGICS
Employee
Stock Purchase
Plan ("ESPP")
ANADIGICS
Employee
Stock Purchase
Plan ("ESPP")
$0.657
0
(3)
12/31/2014
12/31/2014
01/02/2015
M
A
5,000
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)
5,000 12/31/2014 12/31/2014 ANADIGICS 5,000
Inc. Common
Stock
0
26,434
D
12/31/2015 12/31/2015 ANADIGICS 5,000
Inc. Common
Stock
0
31,434
D
11. Nature
of Indirect
Beneficial
Ownership
(Instr. 4)
Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer
Cresci, David J.
c/o ANADIGICS, Inc.
141 Mt. Bethel Road
Warren NJ 07059
Other
President
Signatures
/s/ David J. Cresci
**
Signature of Reporting Person
01/27/2015
Date
Explanation of Responses:
(1)
(2)
The total amount of Securities Beneficially Owned Following the Reported Transaction reflects the forfeiture of certain restricted stock units that did not vest because the performance goals
required to be met in order for such restricted stock units to vest were not met and pursuant to the terms of the grant were required to be forfeited.
The total amount of Securities Beneficially Owned Following the Reported Transaction reflects an adjustment of 22,610 for a clerical error on Mr. Cresci's Form 3 wherein the number of
shares beneficially owned was inadvertently overstated by 22,610. Those shares were sold by Mr. Cresci in the years 2006 - 2011, prior to his becoming a Named Executive Officer in June,
2013.
https://www.rdg16.com/frmView.aspx?submitid=12461
1/29/2015
Page 3 of 3
(3)
Pursuant to the ESPP, the exercise price will be determined on December 31, 2015 and will be 85% of the lower of fair market value on either the first day or the last day of calendar 2015.
Attachments
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.
Potential persons who are to 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.
Proof created by RDG16.com, a service of RDG Filings
https://www.rdg16.com/frmView.aspx?submitid=12461
1/29/2015