SEC Form 4 · accession 0001628280-15-004927
SunEdison Semiconductor Ltd · SEMI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William Joseph Dunnigan
Officer — Senior V.P. and General Mgr.
Period of report
Jun 13, 2015
Accepted (ET)
Jun 15, 2015 · 5:43 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001585854
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Ordinary Shares | Jun 13, 2015 | M | 4,007 | $20.58 | A | 4,469 | D | |
| Ordinary SharesF1 | Jun 13, 2015 | F | 1,645 | $20.58 | D | 2,824 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F3 | — | Jun 13, 2015 | M | 4,007 | D | — | — | Ordinary Shares | 4,007 | 12,022 | D |
Explanation of responses
- F1Represents ordinary shares underlying vested restricted stock units that are being withheld to satisfy the tax liability that arose upon vesting of the restricted stock units.
- F2Each restricted stock unit represents a contingent right to receive one ordinary share of the Company. This transaction represents the settlement of vested restricted stock units in ordinary shares.
- F3The remaining restricted stock units vest in full on June 13th, 2018.