SEC Form 4 · accession 0001209191-17-020633
CYPRESS SEMICONDUCTOR CORP /DE/ · CY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
H Raymond Bingham
Officer — Executive Chairman · Director
Period of report
Mar 12, 2017
Accepted (ET)
Mar 14, 2017 · 7:08 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,F2 | Mar 12, 2017 | M | 3,720 | $0.00 | A | 77,160 | D | |
| Common StockF3 | holding | — | — | — | 70,636 | I | By limited partnership |
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,F4 | — | 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.
- F2Represent shares held by the Reporting Person and by the Raymond and Kristin Bingham Revocable Trust.
- F3Represent shares held in Bingham Investments, LP., a limited partnership. Trusts for the Reporting Person's children hold partnership interests in the limited partnership. The Reporting Person has authority to act on behalf of the limited partnership. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his voting and dispositive powers with respect to the shares.
- F4On 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.