SEC Form 4 · accession 0001603814-18-000012
Renesas Electronics America Inc.
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory L Waters
Officer — PRESIDENT & CEO
Period of report
Feb 6, 2018
Accepted (ET)
Feb 8, 2018 · 8:03 pm EST
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 StockF1 | Feb 6, 2018 | M | 10,000 | $11.79 | A | 744,255 | D | |
| Common StockF3,F1 | Feb 6, 2018 | S | 10,000 | $28.3294 | D | 734,255 | 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)F4 | $11.79 | Feb 6, 2018 | M | 10,000 | D | — | Feb 18, 2021 | Common Stock | 10,000 | 340,000 | D |
Explanation of responses
- F1Includes 1,071 shares acquired under the IDT Employee Stock Purchase plan during 2017.
- F2Shares were sold pursuant to a 10b5-1 trading plan dtd 11/20/2017. The plan is expected to run through November 29, 2019 and covers a stock option award that expires within 3 years.
- F3The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $27.61 to $28.53 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 ranges set forth in this footnote.
- F4The option vested 25% on 01/06/2015 the remaining balance vests monthly through 1/6/2018.