SEC Form 4 · accession 0001209191-16-119343
CYPRESS SEMICONDUCTOR CORP /DE/ · CY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Trent Thad
Officer — EVP, Finance & CFO
Period of report
May 9, 2016
Accepted (ET)
May 11, 2016 · 7:36 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 9, 2016 | M | 1,333 | — | A | 304,515 | D | |
| Common StockF2 | May 9, 2016 | F | 706 | $9.47 | D | 303,809 | 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 UnitsF1,F3 | — | May 9, 2016 | M | 1,333 | D | — | — | Common Stock | 1,333 | 2,667 | D |
Explanation of responses
- F1Restricted stock units convert into common stock on a one-for-one basis upon vesting.
- F2The sales reported in this Form 4 represent the aggregate number of shares of Issuer common stock sold for payment of the tax liability incident to the vesting of the restricted stock units issued in accordance with Rule 16b-3.
- F3On May 30, 2013, the Reporting Person was granted 6,666 restricted stock units, vesting in five (5) equal annual installments beginning on the ninth day of the first anniversary of the grant date.