SEC Form 4 · accession 0001209191-18-016063
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 28, 2018
Accepted (ET)
Mar 2, 2018 · 8:09 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 StockF2,F3 | Feb 28, 2018 | S | 43,991 | $17.5957 | D | 226,567 | D | |
| Common StockF4,F5 | Feb 28, 2018 | M | 32,760 | $0.00 | A | 259,327 | D | |
| Common Stock | Mar 1, 2018 | F | 16,607 | $17.10 | D | 242,720 | D | |
| Common StockF6,F5 | Feb 28, 2018 | M | 5,940 | $0.00 | A | 248,660 | D | |
| Common StockF7 | Mar 1, 2018 | F | 3,009 | $17.10 | D | 245,651 | D | |
| Common StockF8,F5 | Feb 28, 2018 | M | 110,985 | $0.00 | A | 356,636 | D | |
| Common StockF7 | Mar 1, 2018 | F | 56,287 | $17.10 | D | 300,349 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The sale of these shares was subsequent to and a separate transaction from the transfer of shares that was pursuant to the domestic relations order referenced in footnote 3 to this Form 4.
- F2The price reported in Table I, Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.405 to $17.76 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.
- F3Since the date of the Reporting Person's last ownership report, he transferred 149,126 shares of Issuer common stock to his former spouse pursuant to a domestic relations order. The Reporting Person no longer reports as beneficially owned any securities owned by his former spouse.
- F4Represents the aggregate number of shares of Issuer common stock earned upon achieving performance milestones and specific targets pursuant to the March 3, 2015 grant awarded under the Issuer's 2013 Stock Plan (the "Stock Plan") as part of the Issuer's Performance Based Accelerated Restricted Stock Program (the "PARS Program").
- F5Each performance-based restricted stock unit represented a contingent right to earn a share of Issuer common stock upon achieving performance milestones and specific targets pursuant to the grant.
- F6Represents the aggregate number of shares of Issuer common stock earned upon achieving performance milestones and specific targets pursuant to the April 1, 2016 grant awarded under the Issuer's Stock Plan as part of the Issuer's PARS Program.
- F7The price reported in Table I, Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.10 to $17.105 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.
- F8Represents the aggregate number of shares of Issuer common stock earned upon achieving performance milestones and specific targets pursuant to the March 16, 2017 grant awarded under the Issuer's Stock Plan as part of the Issuer's PARS Program.