SEC Form 4 · accession 0001628280-16-018234
SunEdison Semiconductor Ltd · SEMI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Justine Lien
Director
Period of report
Jul 29, 2016
Accepted (ET)
Aug 1, 2016 · 5:26 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, 2016 | M | 3,125 | $6.45 | A | 10,701 | D | |
| Ordinary Shares | Jul 29, 2016 | M | 10,300 | $6.45 | A | 21,001 | 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, 2016 | M | 3,125 | A | — | — | Ordinary Shares | 3,125 | 6,250 | D |
| Restricted Stock UnitsF1,F3 | — | Jul 29, 2016 | M | 10,300 | A | — | — | Ordinary Shares | 10,300 | 0 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one ordinary share of SunEdison Semiconductor Limited.
- F2The remaining restricted stock units vest as follows: 3,125 units on July 29, 2017 and July 29, 2018.
- F3The restricted stock units have vested in full.