SEC Form 4 · accession 0001603814-18-000023
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
Mar 16, 2018
Accepted (ET)
Mar 20, 2018 · 7:34 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 | Mar 16, 2018 | M | 25,000 | $11.13 | A | 178,078 | D | |
| Common StockF2 | Mar 16, 2018 | S | 25,000 | $32.37 | D | 153,078 | 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 | $11.13 | Mar 16, 2018 | M | 25,000 | D | — | Apr 15, 2021 | Common Stock | 25,000 | 10,417 | D |
Explanation of responses
- F1Shares were sold pursuant to a 10b5-1 trading plan dtd 2/14/2018. The plan is expected to run through February 14, 2019.
- F2The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.07 to $32.69 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.
- F3The option vested 25% on 3/10/2015 the remaining balance vested monthly through 3/10/2018.