SEC Form 4 · accession 0000056978-17-000133
KULICKE & SOFFA INDUSTRIES INC · KLIC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jonathan Chou
Officer — Executive Vice President, CFO
Period of report
Oct 8, 2017
Accepted (ET)
Oct 10, 2017 · 9:50 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000056978
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Oct 8, 2017 | M | 19,643 | $0.00 | A | 193,016 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Share UnitsF1 | $0.00 | Oct 8, 2017 | M | 19,643 | D | — | — | Common Stock | 19,643 | 0 | D |
Explanation of responses
- F1Performance Share Units (PSUs) awarded October 8, 2014 had its performance results certified, and then shares vested, on October 8, 2017 at 55% achievement based on total shareholder return (TSR) relative to a peer group. The peer group consisted of the Philadelphia Semiconductor Index (SOX) companies at grant, with relative TSR measured over a three year measurement period. Each PSU is convertible into one share of Kulicke and Soffa Industries Inc. common stock.