SEC Form 4 · accession 0001209191-16-137366
CYPRESS SEMICONDUCTOR CORP /DE/ · CY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dana Nazarian
Officer — EVP, Memory Products Division
Period of report
Aug 12, 2016
Accepted (ET)
Aug 16, 2016 · 7:10 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 Stock | Aug 12, 2016 | M | 3,794 | $3.9877 | A | 458,976 | D | |
| Common Stock | Aug 12, 2016 | M | 27,383 | $4.9075 | A | 486,359 | D | |
| Common StockF1,F2 | Aug 12, 2016 | F | 10,713 | — | D | 475,646 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F3 | $3.9877 | Aug 12, 2016 | M | 3,794 | D | — | — | Common Stock | 3,794 | 0 | D |
| Stock Option (right to buy)F4 | $4.9075 | Aug 12, 2016 | M | 27,383 | D | — | — | Common Stock | 27,383 | 0 | D |
Explanation of responses
- F1Represents the aggregate number of shares of Issuer common stock withheld for payment of the exercise price of 13,683 of the underlying shares of the option and the tax liability incident to the transaction for these underlying shares of a security issued in accordance with Rule 16b-3.
- F27,413 shares were sold at a price of $11.04 per share and 3,300 shares were sold at a price of $11.05 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.
- F3The option was granted on October 27, 2006 and was fully vested on October 1, 2011. The option is due to expire October 27, 2016.
- F4The option was granted on March 8, 2008 and was fully vested on February 11, 2013. The option is due to expire June 1, 2017.