SEC Form 4 · accession 0001603814-18-000054
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
Jun 15, 2018
Accepted (ET)
Jun 19, 2018 · 3:59 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 15, 2018 | S | 11,587 | $34.59 | D | 769,911 | D | |
| Common Stock | Jun 18, 2018 | M | 5,000 | $11.79 | A | 774,911 | D | |
| Common Stock | Jun 18, 2018 | S | 5,000 | $35.00 | D | 769,911 | 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 | $11.79 | Jun 18, 2018 | M | 5,000 | D | — | Feb 18, 2021 | Common Stock | 5,000 | 270,000 | D |
Explanation of responses
- F1Shares sold to cover the tax liability resulting from the vesting of performance stock units earned in June 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 option vested 25% on 01/06/2015 the remaining balance vests monthly through 01/06/2018.