SEC Form 4 · accession 0001140361-17-009164
VISHAY INTERTECHNOLOGY INC · VSH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gerald Paul
Officer — President and CEO · Director
Period of report
Feb 23, 2017
Accepted (ET)
Feb 24, 2017 · 4:40 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000103730
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 23, 2017 | A | 24,622 | $0.00 | A | 312,986 | D | |
| Common StockF2 | Feb 23, 2017 | S | 50,000 | $16.28 | D | 262,986 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents the number of restricted stock units granted to the Reporting Person on February 23, 2017 as part of the Registrant's 2007 Stock Incentive Program. The restricted stock units vest upon the completion of the three-year period ending January 1, 2020 provided that the Reporting Person is an employee on such date. In the event that the services of the Reporting Person cease prior to the expiration of such three-year period, the restricted stock units will vest in accordance with the terms of the Reporting Person's RSU agreement. Each restricted stock unit represents a right to receive one share of the registrant's common stock.
- F2The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $16.25 to $16.33, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares of each separate price within the ranges set forth in this footnote to the Form 4.