SEC Form 4 · accession 0001209191-19-005507
CYPRESS SEMICONDUCTOR CORP /DE/ · CY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sudhir Gopalswamy
Officer — EVP, Microcontroller/Connect
Period of report
Jan 25, 2019
Accepted (ET)
Jan 28, 2019 · 4:06 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 | Jan 25, 2019 | M | 6,598 | $6.17 | A | 112,294 | D | |
| Common StockF3 | Jan 25, 2019 | S | 12,598 | $14.0011 | D | 99,696 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F4 | $6.17 | Jan 25, 2019 | M | 6,598 | D | — | Mar 19, 2019 | Common Stock | 6,598 | 0 | D |
Explanation of responses
- F1The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
- F2Reflects a 3,000 share adjustment in light of a balance carry-forward discrepancy on the Reporting Person's Form 4 filed March 2, 2018.
- F3The price reported in Table I, Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.00 to $14.02 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 range set forth in this footnote to this Form 4.
- F4The option was granted on March 19, 2009 and vested in 60 equal monthly installments over five years.