SEC Form 4 · accession 0001628280-15-005747
SunEdison Semiconductor Ltd · SEMI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gideon Argov
Director
Period of report
Jul 29, 2015
Accepted (ET)
Jul 31, 2015 · 12:09 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 29, 2015 | M | 3,125 | $0.00 | A | 3,125 | D | |
| Ordinary Shares | Jul 29, 2015 | M | 8,900 | $0.00 | A | 12,025 | 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 UnitsF1,F2 | — | Jul 29, 2015 | A | 10,300 | A | — | — | Ordinary Shares | 10,300 | 10,300 | D |
| Restricted Stock UnitsF1,F3 | — | Jul 29, 2015 | M | 8,900 | A | — | — | Ordinary Shares | 8,900 | 0 | D |
| Restricted Stock UnitsF1,F4 | — | Jul 29, 2015 | M | 3,125 | A | — | — | Ordinary Shares | 3,125 | 9,375 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one ordinary share of SunEdison Semiconductor Limited.
- F2The restricted stock units will vest in full on the first anniversary date of the grant date, July 29, 2016.
- F3The restricted stock units vest in full on July 29, 2015.
- F4The remaining restricted stock units vest as follows: 3,125 units on July 29, 2016, July 29, 2017 and July 29, 2018.