SEC Form 4 · accession 0001209191-15-028374
CYPRESS SEMICONDUCTOR CORP /DE/ · CY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Oc Kwon
Director
Period of report
Mar 16, 2015
Accepted (ET)
Mar 20, 2015 · 8:13 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 | Mar 16, 2015 | M | 24,877 | $0.00 | A | 29,849 | 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 UnitsF3 | — | Mar 16, 2015 | M | 24,877 | D | — | — | Common Stock | 24,877 | 0 | D |
Explanation of responses
- F1Represents the aggregate number of Issuer common stock acquired upon settlement of the restricted stock unit awards received by the Reporting Person pursuant to the Agreement and Plan of Merger and Reorganization dated as of December 1, 2014, by and among the Issuer, Mustang Acquisition Corporation (a wholly owned subsidiary of the Issuer) and Spansion Inc. (the transactions contemplated therein, the "Merger").
- F2Includes 4,972 shares of Issuer common stock received by the Reporting Person in the Merger.
- F3Represents a contingent right to receive Issuer common stock on a one-for-one basis. These Restricted Stock Units (the "RSU's") are fully vested, being subject to the same terms and conditions as were applicable to the Spansion Inc. RSU's from which they converted in connection with the Merger.