SEC Form 4 · accession 0001209191-19-015278
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
Feb 28, 2019
Accepted (ET)
Mar 1, 2019 · 8:20 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,F2 | Feb 28, 2019 | A | 10,349 | $0.00 | A | 140,899 | D | |
| Common StockF3,F2 | Feb 28, 2019 | A | 63,684 | $0.00 | A | 204,583 | D | |
| Common StockF4 | Feb 28, 2019 | F | 35,604 | $15.43 | D | 168,979 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares of Issuer common stock vesting in connection with performance-based stock units ("PSUs") granted on March 16, 2017 as part of the Issuer's Performance Accelerated Restricted Stock (or PARS) program.
- F2PSUs convert into common stock on a one-for-one basis upon vesting. Under SEC guidance, PSUs are not considered derivative securities and therefore do not appear in Table II.
- F3Represents shares of Issuer common stock vesting in connection with PSUs granted on February 16, 2018 as part of the Issuer's Long-Term Incentive (or LTI) Program.
- F4Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of PSUs.