SEC Form 4 · accession 0001603814-15-000079
Renesas Electronics America Inc.
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sailesh Chittipeddi
Officer — SR VP OPERATIONS & CTO
Period of report
Jun 5, 2015
Accepted (ET)
Jun 9, 2015 · 6:53 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 | Jun 5, 2015 | M | 14,583 | $11.13 | A | 52,467 | D | |
| Common StockF1 | Jun 5, 2015 | S | 14,583 | $24.0184 | D | 37,884 | D | |
| Common Stock | Jun 5, 2015 | S | 4,670 | $24.0101 | D | 33,214 | 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)F2 | $11.13 | Jun 5, 2015 | M | 14,583 | D | — | Apr 15, 2021 | Common Stock | 14,583 | 35,417 | D |
Explanation of responses
- F1The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24 to $24.02 per share,inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F2The option vests 25% on 3/10/2015; the remaining shares will vest at each monthly Vest Date in 36 successive months in equal amounts