SEC Form 4 · accession 0001603814-16-000202
Renesas Electronics America Inc.
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mario Montana
Officer — VP, CHIEF SALES OFFICER
Period of report
Aug 17, 2016
Accepted (ET)
Aug 19, 2016 · 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 | Aug 17, 2016 | M | 43,989 | $5.77 | A | 144,260 | D | |
| Common StockF1 | Aug 17, 2016 | S | 66,243 | $19.45 | D | 78,017 | D | |
| Common Stock | Aug 18, 2016 | M | 21,011 | $5.77 | A | 99,028 | D | |
| Common Stock | Aug 18, 2016 | M | 130,000 | $8.49 | A | 229,028 | D | |
| Common StockF2 | Aug 18, 2016 | S | 151,011 | $19.84 | D | 78,017 | 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,F4 | $5.77 | Aug 17, 2016 | M | 43,989 | D | May 15, 2016 | May 15, 2019 | Common Stock | 43,989 | 21,011 | D |
| Non-Qualified Stock Option (right to buy)F3,F4 | $5.77 | Aug 18, 2016 | M | 21,011 | D | May 15, 2016 | May 15, 2019 | Common Stock | 21,011 | 0 | D |
| Non-Qualified Stock Option (right to buy)F3,F5 | $8.49 | Aug 18, 2016 | M | 130,000 | D | May 15, 2015 | May 16, 2018 | Common Stock | 130,000 | 0 | 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 $19.40 to $19.57 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 reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.70 to $19.91 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.
- F3Option fully vests as of Date Exercisable; 25% vest 3 years prior to Date Exercisable; 75% vest 1/36 per month for the 36 months ending on the Date Exercisable.
- F4The option vested 25% on 5/15/2013, the remaining balance vested monthly through 5/15/2016.
- F5The option vested 25% on 5/15/2012, the remaining balance vested monthly through 5/15/2015.