SEC Form 4 · accession 0001209191-17-007229
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
Jan 31, 2017
Accepted (ET)
Feb 2, 2017 · 5:47 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 | 9,484 | $0.00 | A | 209,135 | D | |
| Common Stock | Feb 1, 2017 | F | 4,020 | $11.7428 | D | 205,115 | 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 | 9,484 | D | — | — | Common Stock | 9,484 | 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 9,484 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.