SEC Form 4 · accession 0001628280-15-004910
SunEdison Semiconductor Ltd · SEMI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Shaker Sadasivam
Officer — CEO · Director
Period of report
Jun 11, 2015
Accepted (ET)
Jun 12, 2015 · 4:28 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001585854
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Share Option (right to buy)F1 | $20.33 | Jun 11, 2015 | A | 205,700 | A | — | Jun 11, 2025 | Ordinary Shares | 205,700 | 205,700 | D |
| Restricted Stock UnitsF2,F3 | — | Jun 11, 2015 | A | 35,000 | A | — | — | Ordinary Shares | 35,000 | 35,000 | D |
Explanation of responses
- F1The Employee Share Option vests in increments of 25% over four years commencing on June 11, 2016.
- F2Each restricted stock unit represents a contingent right to receive one ordinary share of SunEdison Semiconductor Limited.
- F3The restricted stock units vest in increments of 25% over four years commencing on June 11, 2016.