SEC Form 4 · accession 0001628280-15-005338
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
Jul 18, 2015
Accepted (ET)
Jul 20, 2015 · 3:24 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 | Jul 18, 2015 | M | 817 | $16.40 | A | 3,641 | D | |
| Ordinary SharesF1 | Jul 18, 2015 | F | 336 | $16.40 | D | 3,305 | 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 | — | Jul 18, 2015 | M | 817 | A | — | — | Ordinary Shares | 817 | 1,636 | 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 as follows; 818 units on each of July 18, 2016 and July 18, 2017.