SEC Form 4 · accession 0001209191-17-060759
CYPRESS SEMICONDUCTOR CORP /DE/ · CY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sudhir Gopalswamy
Officer — SVP, Microcontroller/Connect
Period of report
Nov 10, 2017
Accepted (ET)
Nov 14, 2017 · 8:24 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 | Nov 10, 2017 | M | 2,200 | $0.00 | A | 74,438 | D | |
| Common StockF2 | Nov 13, 2017 | F | 831 | $16.9538 | D | 73,607 | 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 | — | Nov 10, 2017 | M | 2,200 | D | — | — | Common Stock | 2,200 | 4,400 | D |
Explanation of responses
- F1Restricted stock units convert into common stock on a one-for-one basis upon vesting.
- F2Represents the aggregate number of shares of common stock sold for payment of the tax liability incident to the vesting of the restricted stock units issued in accordance with Rule 16b-3.
- F3On November 20, 2014, the Reporting Person was granted 11,000 restricted stock units, vesting in five equal annual installments beginning on November 10, 2015.