SEC Form 4 · accession 0001209191-17-007223
CYPRESS SEMICONDUCTOR CORP /DE/ · CY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Hassane El-Khoury
Officer — President & CEO · Director
Period of report
Jan 31, 2017
Accepted (ET)
Feb 2, 2017 · 5:44 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 | Jan 31, 2017 | M | 21,494 | $0.00 | A | 297,021 | D | |
| Common Stock | Feb 1, 2017 | F | 8,470 | $11.7574 | D | 288,551 | 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,F2 | — | Jan 31, 2017 | M | 21,494 | D | — | — | Common Stock | 21,494 | 0 | D |
Explanation of responses
- F1Restricted stock units ("RSUs") convert into common stock on a one-for-one basis upon vesting.
- F2On November 3, 2016, the Reporting Person was granted 21,494 RSUs in lieu of a cash bonus which was payable under existing Issuer incentive programs. This RSU grant represents a contingent right to receive Issuer common stock on a one-for-one basis and was fully vested on January 31, 2017.