SEC Form 4 · accession 0001209191-17-020630
CYPRESS SEMICONDUCTOR CORP /DE/ · CY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Oc Kwon
Director
Period of report
Mar 12, 2017
Accepted (ET)
Mar 14, 2017 · 7:06 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 | Mar 12, 2017 | M | 3,720 | $0.00 | A | 48,759 | D | |
| Common StockF2 | Mar 14, 2017 | S | 1,094 | $13.7695 | D | 47,665 | 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 | — | Mar 12, 2017 | M | 3,720 | D | — | — | Common Stock | 3,720 | 3,720 | D |
Explanation of responses
- F1Restricted stock units ("RSUs") convert into common stock on a one-for-one basis upon vesting.
- F2The price reported in Table I, Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.6325 to $13.77 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.
- F3On March 12, 2015, upon his initial appointment to the Issuer's board of directors, the Reporting Person was awarded a grant of 11,160 RSUs vesting in three equal annual installments from the date of grant.