SEC Form 4 · accession 0001209191-17-010643
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
Feb 10, 2017
Accepted (ET)
Feb 14, 2017 · 5:48 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 10, 2017 | M | 18,404 | $0.00 | A | 306,955 | D | |
| Common Stock | Feb 13, 2017 | F | 6,876 | $12.438 | D | 300,079 | 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 | — | Feb 10, 2017 | M | 18,404 | D | — | — | Common Stock | 18,404 | 184,040 | D |
Explanation of responses
- F1Restricted stock units ("RSUs") convert into common stock on a one-for-one basis upon vesting.
- F2On August 10, 2016, the Reporting Person was awarded a grant of 220,848 RSUs upon his appointment as President and Chief Executive Officer of the Issuer. This equity grant will vest quarterly in equal installments over the next three years from the date of grant.