CYPRESS SEMICONDUCTOR CORP /DE/ 4
4 · CYPRESS SEMICONDUCTOR CORP /DE/ · Filed Mar 12, 2015
Insider Transaction Report
Form 4
LONG JAMES R
Director
Transactions
- Exercise/Conversion
Common Stock
2015-03-11$2.91/sh+27,470$79,938→ 215,193 total - Disposition to Issuer
Common Stock
2015-03-11$15.58/sh−11,922$185,745→ 242,017 total - Exercise/Conversion
Non Qualified Stock Option (Right to Buy)
2015-03-11−43,950→ 0 totalExercise: $4.17From: 2011-05-01Exp: 2016-05-01→ Common Stock (43,950 underlying) - Disposition to Issuer
Common Stock
2015-03-11$15.58/sh−5,204$81,078→ 209,989 total - Exercise/Conversion
Common Stock
2015-03-11$4.17/sh+43,950$183,153→ 253,939 total - Exercise/Conversion
Non Qualified Stock Option (Right to Buy)
2015-03-11−27,470→ 0 totalExercise: $2.91From: 2010-04-29Exp: 2015-04-29→ Common Stock (27,470 underlying)
Footnotes (4)
- [F1]Mr. Long was granted an option to purchase 82,404 shares on April 29, 2005 as adjusted for the SunPower spin-off in 2008. Since this option will expire on April 29, 2015, Mr. Long had to exercise the remaining vested and unexercised portion of the option prior to that date. 5,204 shares were sold to pay for the exercise price. The net amount of 22,266 shares will be held by Mr. Long and will increase his total ownership (direct and indirect) to 209,989 shares.
- [F2]Mr. Long was granted an option to purchase 82,404 shares on May 1, 2006 as adjusted for the SunPower spin-off in 2008. Since this option will expire on May 1, 2016, Mr. Long had to exercise the remaining vested and unexercised portion of the option prior to that date. 11,922 shares were sold to pay for the exercise price. The net amount of 32,028 shares will be held by Mr. Long and will increase his total ownership (direct and indirect) to 242,017 shares.
- [F3]The option vested at the rate of 1/60th each month over five years commencing April 29, 2005.
- [F4]The option vested at the rate of 1/60th each month over five years commencing May 1, 2006.