SEC Form 4 · accession 0001104659-17-062752
SANMINA CORP · SANM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert K Eulau
Officer — CEO · Director
Period of report
Oct 16, 2017
Accepted (ET)
Oct 18, 2017 · 4:34 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 StockF1,F2 | Oct 16, 2017 | A | 100,000 | $38.45 | A | 280,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non Qualified Stock Option (Right to Buy)F3 | $38.45 | Oct 16, 2017 | A | 200,000 | A | — | Oct 16, 2027 | Common Stock | 200,000 | 200,000 | D |
Explanation of responses
- F1EACH RESTRICTED STOCK UNIT REPRESENTS A CONTINGENT RIGHT TO RECEIVE ONE SHARE OF SANMINA CORPORATION COMMON STOCK.
- F2THE RESTRICTED STOCK UNITS VEST AS FOLLOWS: 33,000 SHARES ON OCTOBER 16, 2019, 33,000 SHARES ON OCTOBER 16, 2020 AND 34,000 SHARES ON OCTOBER 16, 2021, CONTINGENT UPON THE CONTINUED SERVICE OF THE REPORTING PERSON.
- F350,000 OPTIONS ARE FULLY VESTED AND EXERCISABLE ON THE DATE OF GRANT. THE REMAINING OPTIONS SHALL VEST BASED UPON ACHIEVEMENT OF CERTAIN COMPANY STOCK PRICE LEVELS WITHIN A SPECIFIED PERIOD OF TIME.