SEC Form 4 · accession 0001181431-15-007074
CYPRESS SEMICONDUCTOR CORP /DE/ · CY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
W Steve Albrecht
Director
Period of report
May 14, 2015
Accepted (ET)
May 18, 2015 · 7:30 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 | May 14, 2015 | M | 18,421 | $0.00 | A | 147,978 | 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 UnitsF2,F3 | — | May 14, 2015 | M | 18,421 | D | — | — | Common Stock | 18,421 | 0 | D |
| Restricted Stock UnitsF4,F5 | — | May 15, 2015 | A | 15,302 | A | — | — | Common Stock | 15,302 | 15,302 | D |
Explanation of responses
- F1Upon vesting, each Restricted Stock Unit converts into common stock on a one-for-one basis.
- F2Received upon election to the Issuer's board of directors at the Issuer's 2014 annual stockholders meeting (the "2014 Annual Equity Grant").
- F3This 2014 Annual Equity Grant represents a contingent right to receive Issuer common stock on a one-for-one basis and is fully vested.
- F4Received upon election to the Issuer's board of directors at the Issuer's 2015 annual stockholders meeting (the "2015 Annual Equity Grant").
- F5This 2015 Annual Equity Grant to non-employee members of the Issuer's board of directors represents a contingent right to receive Issuer common stock on a one-for-one basis and is fully vested on the day before the next annual stockholders meeting.