SEC Form 4 · accession 0001181431-15-007079
CYPRESS SEMICONDUCTOR CORP /DE/ · CY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
H Raymond Bingham
Director
Period of report
May 14, 2015
Accepted (ET)
May 18, 2015 · 7:39 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 | 1,956 | $0.00 | A | 77,721 | D | |
| Common StockF2 | holding | — | — | — | 70,636 | I | By limited partnership |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3,F4 | — | May 14, 2015 | M | 1,956 | D | — | — | Common Stock | 1,956 | 0 | D |
| Restricted Stock UnitsF5,F6 | — | 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.
- F2Shares held in a limited partnership. Trusts for the Reporting Person's children hold partnership interests in the limited partnership. The Reporting Person has authority to act on behalf of the limited partnership. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his beneficiary interest therein.
- F3Received upon initial appointment to the Issuer's board of directors (the "Initial Equity Grant").
- F4This Initial Equity Grant represents a contingent right to receive Issuer common stock on a one-for-one basis and is fully vested.
- F5Received upon election to the Issuer's board of directors at the Issuer's 2015 annual stockholders meeting (the "2015 Annual Equity Grant").
- F6This 2015 Annual Equity Grant represents a contingent right to receive Issuer common stock on a one-for-one basis and is fully vested on the day before the Issuer's next annual stockholders meeting.