ParkerVision, Inc.
PARKERVISION INC (Form: 4, Received: 07/17/2014 19:50:45)
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 OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

STERNE ROBERT GREENE
2. Issuer Name and Ticker or Trading Symbol

PARKERVISION INC [ PRKR ]
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)

7915 BAYMEADOWS WAY, #400
3. Date of Earliest Transaction (MM/DD/YYYY)

7/15/2014
(Street)

JACKSONVILLE, FL 32256
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ 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. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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   7/15/2014     M    13858   A   (1) (2) 37359   D  
 

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 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 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     (1) 7/15/2014     M         13858      (2)   (2) Common Stock   13858   $0   (1) 0   D  
 
Option (Right to Buy)   $1.38   7/15/2014     A      55350       7/15/2015   7/15/2021   Common Stock   55350   $0   55350   D  
 
Restricted Stock Units     (1) 7/15/2014     A      45290       7/15/2015     (1) Common Stock   45290   $0   (1) 45290   D  
 

Explanation of Responses:
( 1)  Each Restricted Stock Unit (RSU) entitles holder to one share of PRKR common stock upon vesting. The underlying shares are delivered promptly upon vesting.
( 2)  The RSUs granted in 2013 in accordance with director equity compensation program, vested on July 15, 2014 and the underlying shares of PRKR common stock are delivered to reporting person promptly after vesting.

Remarks:
In accordance with the independent director equity compensation program instituted in 2013, RSUs with a grant date fair value of $62,500 and nonqualified stock options, also with a grant date fair value of $62,500, were awarded on the 15th day of the month following the annual shareholders' meeting per the Company's pre-determined grant date policy.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
STERNE ROBERT GREENE
7915 BAYMEADOWS WAY, #400
JACKSONVILLE, FL 32256
X



Signatures
/s/ Robert G. Sterne 7/17/2014
** Signature of Reporting Person Date


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