SEC Form 4 · accession 0001209191-16-104206
CYPRESS SEMICONDUCTOR CORP /DE/ · CY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eric Benhamou
Director
Period of report
Feb 29, 2016
Accepted (ET)
Mar 1, 2016 · 7:43 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 | Feb 29, 2016 | M | 82,404 | $4.167 | A | 335,640 | D | |
| Common StockF2 | Feb 29, 2016 | S$0 | 82,404 | — | D | 253,236 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Director Stock Option (Right to Buy)F1 | $4.167 | Feb 29, 2016 | M | 82,404 | D | — | — | Common Stock | 82,404 | 0 | D |
Explanation of responses
- F1Received upon election to the Issuer's board of directors at the Issuer's annual stockholders meeting. The annual non-employee director stock option was granted May 1, 2006 and was fully vested on May 1, 2011. The stock option was due to expire May 1, 2016.
- F2These shares were sold in multiple transactions at prices ranging from $8.00 to $8.06 per share. The Reporting Person has provided to the Issuer, and undertakes to provide to the staff of the Securities and Exchange Commission or any security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range.