SEC Form 4 · accession 0000056978-18-000114
KULICKE & SOFFA INDUSTRIES INC · KLIC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Irene Lee
Officer — Senior Vice President
Period of report
Oct 6, 2018
Accepted (ET)
Oct 9, 2018 · 6:15 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 6, 2018 | M | 27,263 | $0.00 | A | 99,109 | 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 6, 2018 | M | 27,263 | D | — | — | Common Stock | 27,263 | 0 | D |
Explanation of responses
- F1Performance Share Units (PSUs) awarded October 6, 2015 had its performance results certified, and then shares vested, on October 6, 2018 at 183% achievement based on total shareholder return (TSR) relative to a peer group. The peer group consisted of the companies of the GICS 45301020 (Semiconductors) not including companies traded on the Pink Sheets LLC Exchange as of the beginning of Performance Period with relative TSR measured over a three year period. Each PSU is convertible into one share of Kulicke and Soffa Industries Inc. common stock.