SEC Form 4 · accession 0001104659-16-157594
SANMINA CORP · SANM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alan McWILLIAMS Reid
Officer — EVP, Global Human Resources
Period of report
Nov 2, 2015
Accepted (ET)
Nov 16, 2016 · 4:07 pm EST
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 StockF1 | Nov 2, 2015 | M | 5,000 | $0.00 | A | 19,184 | D | |
| Common Stock | Nov 14, 2016 | M | 2,187 | $8.70 | A | 21,371 | D | |
| Common Stock | Nov 14, 2016 | S | 2,187 | $31.205 | D | 19,184 | D | |
| Common Stock | Nov 14, 2016 | M | 1,833 | $22.32 | A | 21,017 | D | |
| Common Stock | Nov 14, 2016 | S | 1,833 | $31.205 | D | 19,184 | D | |
| Common Stock | Nov 14, 2016 | M | 5,000 | $15.91 | A | 24,184 | D | |
| Common Stock | Nov 14, 2016 | S | 5,000 | $31.079 | D | 19,184 | D | |
| Common StockF4 | Nov 15, 2016 | F | 1,879 | $31.20 | D | 17,305 | D | |
| Common StockF5 | Nov 15, 2016 | F | 1,879 | $31.20 | D | 15,426 | D | |
| Common StockF6,F7 | Nov 15, 2016 | A | 5,000 | $31.20 | A | 20,426 | 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 2, 2015 | M | 5,000 | D | — | Dec 31, 2016 | Common Stock | 5,000 | 0 | D |
| Non Qualified Stock Option (right to buy)F3 | $8.70 | Nov 14, 2016 | M | 2,187 | D | — | Nov 15, 2021 | Common Stock | 2,187 | 0 | D |
| Non Qualified Stock Option (right to buy)F3 | $22.32 | Nov 14, 2016 | M | 1,833 | D | — | Mar 15, 2017 | Common Stock | 1,833 | 0 | D |
| Non Qualified Stock Option (right to buy)F3 | $15.91 | Nov 14, 2016 | M | 5,000 | D | — | Feb 15, 2021 | Common Stock | 5,000 | 0 | D |
Explanation of responses
- F1DATE OF ACHIEVEMENT OF PERFORMANCE CONDITION UNDER PERFORMANCE STOCK UNITS GRANTED ON NOVEMBER 15, 2013. PERFORMANCE STOCK UNITS VESTED IN FULL ON NOVEMBER 15, 2016.
- F2EACH PERFORMANCE RIGHT REPRESENTS A CONTINGENT RIGHT TO RECEIVE ONE SHARE OF SANMINA CORPORATION COMMON STOCK.
- F3AS OF THE DATE OF EXERCISE, THE OPTIONS ARE FULLY VESTED.
- F4SHARES WITHHELD BY REGISTRANT TO SATISFY TAX WITHHOLDING REQUIREMENTS ON VESTING OF PERFORMANCE STOCK UNITS GRANTED ON NOVEMBER 15, 2013.
- F5SHARES WITHHELD BY REGISTRANT TO SATISFY TAX WITHHOLDING REQUIREMENTS ON VESTING OF RESTRICTED STOCK UNITS GRANTED ON NOVEMBER 15, 2013.
- F6EACH RESTRICTED STOCK UNIT REPRESENTS A CONTINGENT RIGHT TO RECEIVE ONE SHARE OF SANMINA CORPORATION COMMON STOCK.
- F7THE RESTRICTED STOCK UNITS VEST IN FULL ON NOVEMBER 15, 2020.