SEC Form 4 · accession 0001628280-16-013999
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
Apr 1, 2016
Accepted (ET)
Apr 4, 2016 · 1:43 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 | $6.28 | Apr 1, 2016 | A | 76,600 | A | — | Apr 1, 2026 | Ordinary Shares | 76,600 | 76,600 | D |
| Restricted Stock UnitsF2,F3 | — | Apr 1, 2016 | A | 14,500 | A | — | — | Ordinary Shares | 14,500 | 14,500 | D |
Explanation of responses
- F1The Employee Share Option vests in increments of 25% over four years commencing on April 1, 2017.
- 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 April 1, 2017.