SEC Form 4 · accession 0001209191-18-046306
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
Aug 10, 2018
Accepted (ET)
Aug 10, 2018 · 6:25 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 | Aug 10, 2018 | M | 18,404 | $0.00 | A | 340,787 | D | |
| Common StockF3 | Aug 10, 2018 | F | 7,242 | $16.71 | D | 333,545 | 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,F4 | — | Aug 10, 2018 | M | 18,404 | D | — | — | Common Stock | 18,404 | 73,616 | D |
Explanation of responses
- F1Restricted stock units convert into common stock on a one-for-one basis upon vesting.
- F2Since the date of the Reporting Person's last ownership report, he transferred 1,056 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.
- F3Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock units.
- F4On August 10, 2016, the Reporting Person was granted 220,848 restricted stock units upon his appointment as President and Chief Executive Officer of the Issuer. This equity grant vests quarterly in equal installments over three years beginning on November 10, 2016.