SEC Form 4 · accession 0001181431-15-006885
CYPRESS SEMICONDUCTOR CORP /DE/ · CY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Trent Thad
Officer — EVP & CFO
Period of report
May 11, 2015
Accepted (ET)
May 13, 2015 · 7:54 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000791915
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | May 11, 2015 | M | 1,333 | $0.00 | A | 54,748 | D | |
| Common StockF3 | May 12, 2015 | S | 509 | $12.62 | D | 54,239 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF4,F5 | — | May 11, 2015 | M | 1,333 | D | — | — | Common Stock | 1,333 | 4,000 | D |
Explanation of responses
- F1Represents the aggregate number of shares of Issuer common stock acquired upon vesting of the Restricted Stock Units (the "RSUs").
- F2Upon vesting, the RSUs convert into Issuer common stock on a one-for-one basis.
- F3Represents the aggregate number of shares of Issuer common stock sold to cover taxes due upon vesting and settlement of the RSUs.
- F4Represents a contingent right to receive Issuer common stock on a one-for-one basis.
- F5Represents a contingent right to receive Issuer common stock on a one-for-one basis. These RSUs vest in five equal annual installments.