SEC Form 4 · accession 0001628280-16-017089
SunEdison Semiconductor Ltd · SEMI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William Joseph Dunnigan
Officer — SVP and General Manager
Period of report
Jun 11, 2016
Accepted (ET)
Jun 14, 2016 · 2:05 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 11, 2016 | M | 2,052 | $5.39 | A | 5,604 | D | |
| Ordinary SharesF1 | Jun 11, 2016 | F | 543 | $5.39 | D | 5,061 | D | |
| Ordinary Shares | Jun 13, 2016 | M | 4,007 | $5.43 | A | 9,068 | D | |
| Ordinary SharesF1 | Jun 13, 2016 | F | 1,060 | $5.43 | D | 8,008 | 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 | $0.00 | Jun 11, 2016 | M | 2,052 | D | — | — | Ordinary Shares | 2,052 | 6,156 | D |
| Restricted Stock UnitsF3 | $0.00 | Jun 13, 2016 | M | 4,007 | D | — | — | Ordinary Shares | 4,007 | 8,015 | 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.
- F2The remaining restricted stock units vest as follows, 2,052 on June 11, 2017, 2,052 on June 11, 2018 and 2,052 on June 11, 2019.
- F3The remaining restricted stock units vest as follows, 4,007 on June 13, 2017 and 4,008 on June 13, 2018.