SEC Form 4 · accession 0001209191-17-039006
CYPRESS SEMICONDUCTOR CORP /DE/ · CY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eric Benhamou
Director
Period of report
Jun 7, 2017
Accepted (ET)
Jun 9, 2017 · 7:03 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 | Jun 7, 2017 | M | 21,459 | $0.00 | A | 139,997 | 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 | — | Jun 7, 2017 | M | 21,459 | D | — | — | Common Stock | 21,459 | 0 | D |
Explanation of responses
- F1Restricted stock units convert into common stock on a one-for-one basis upon vesting.
- F2On May 6, 2016, the Reporting Person was awarded a grant of 21,459 restricted stock units upon election to the Issuer's board of directors at the Issuer's 2016 annual meeting of stockholders (the "2016 Annual Equity Grant"). This 2016 Annual Equity Grant to non-employee members of the Issuer's board of directors represents a contingent right to receive Issuer common stock on a one-for-one basis and is fully vested on the day before the Issuer's 2017 annual meeting of stockholders. The Issuer's 2017 annual meeting of stockholders was convened on June 8, 2017 and was adjourned to June 20, 2017.