CLARKE MICHAEL JOSEPH 4
4 · SANMINA CORP · Filed Oct 16, 2018
Insider Transaction Report
Form 4
SANMINA CORPSANM
CLARKE MICHAEL JOSEPH
Director
Transactions
- Award
Non Qualified Stock Option (Right to Buy)
2018-10-15+150,000→ 150,000 totalExercise: $23.96Exp: 2028-10-15→ Common Stock (150,000 underlying) - Award
Common Stock
2018-10-15$23.96/sh+100,000$2,396,000→ 157,395 total
Footnotes (3)
- [F1]EACH RESTRICTED STOCK UNIT REPRESENTS A CONTINGENT RIGHT TO RECEIVE ONE SHARE OF SANMINA CORPORATION COMMON STOCK.
- [F2]THE RESTRICTED STOCK UNITS VEST AS FOLLOWS: 25,000 SHARES ON OCTOBER 15, 2019, 35,000 SHARES ON OCTOBER 15, 2020 AND 40,000 SHARES ON OCTOBER 15, 2021, CONTINGENT UPON THE CONTINUED SERVICE OF THE REPORTING PERSON.
- [F3]THE OPTIONS SHALL VEST BASED UPON ACHIEVEMENT OF CERTAIN COMPANY STOCK PRICE LEVELS WITHIN A SPECIFIED PERIOD OF TIME.