SEC Form 4 · accession 0001209191-16-091086
CYPRESS SEMICONDUCTOR CORP /DE/ · CY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Hassane El-Khoury
Officer — EVP, Programmable Systems
Period of report
Jan 9, 2016
Accepted (ET)
Jan 12, 2016 · 6:16 pm EST
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 | Jan 9, 2016 | M | 807 | $0.00 | A | 176,065 | D | |
| Common StockF3 | Jan 11, 2016 | F | 354 | $8.50 | D | 175,711 | 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 | — | Jan 9, 2016 | M | 807 | D | — | — | Common Stock | 807 | 807 | D |
Explanation of responses
- F1Represents the aggregate number of Issuer common stock acquired upon vesting and settlement 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 withheld by the Issuer for payment of the tax liability incident to the vesting 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. On February 8, 2012, the Reporting Person was granted 4,034 RSUs vesting in five (5) equal annual installments beginning on January 9, 2013.