SEC Form 4 · accession 0001104659-16-154554
SANMINA CORP · SANM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dennis Young
Officer — Exec VP Worldwide Sales
Period of report
Nov 1, 2016
Accepted (ET)
Nov 3, 2016 · 4:02 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000897723
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Nov 1, 2016 | M | 5,000 | $0.00 | A | 34,657 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance RightsF2,F1 | — | Nov 1, 2016 | M | 5,000 | D | — | Dec 31, 2018 | Common Stock | 5,000 | 15,000 | D |
Explanation of responses
- F1PERFORMANCE CRITERIA UNDER PERFORMANCE STOCK UNITS GRANTED ON NOVEMBER 16, 2015 ACHIEVED. AS A RESULT, SHARES WILL VEST IN FULL ON NOVEMBER 16, 2018.
- F2EACH PERFORMANCE RIGHT REPRESENTS A CONTINGENT RIGHT TO RECEIVE ONE SHARE OF SANMINA CORPORATION COMMON STOCK.