SEC Form 4 · accession 0001603814-15-000054
Renesas Electronics America Inc.
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Arman Naghavi
Officer — VP BUSINESS UNIT
Period of report
May 15, 2015
Accepted (ET)
May 19, 2015 · 8:38 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000703361
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | May 15, 2015 | D | 1,706 | $21.8535 | D | 91,013 | D | |
| Common StockF2 | May 15, 2015 | A | 7,563 | $0.00 | A | 98,576 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F3 | $21.945 | May 15, 2015 | A | 19,881 | A | — | May 15, 2022 | Common Stock | 19,881 | 19,881 | D |
Explanation of responses
- F1In connection with the vesting and delivery of restricted stock, shares were sold and the net proceeds were used to pay required withholding taxes.
- F2Restricted Stock Units awarded on May 15, 2015 and will vest on anniversary date in four equal annual installments beginning May 15, 2016 through May 15, 2019
- F3The option vests 25% on 5/15/2016; the remaining shares will vest at each monthly Vest Date in 36 successive months in equal amounts