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4//SEC Filing

Ramanathan Dinesh 4

Accession 0001209191-12-013074

CIK 0000791915other

Filed

Feb 26, 7:00 PM ET

Accepted

Feb 27, 11:00 AM ET

Size

11.7 KB

Accession

0001209191-12-013074

Insider Transaction Report

Form 4
Period: 2012-02-24
Ramanathan Dinesh
Executive Vice President
Transactions
  • Exercise/Conversion

    Common Stock

    2012-02-24+192,168198,839 total
  • Tax Payment

    Common Stock

    2012-02-24$17.87/sh84,874$1,516,698113,965 total
  • Exercise/Conversion

    Restricted Stock Units

    2012-02-2477,25443,676 total
    Exercise: $0.00From: 2012-02-24Exp: 2015-05-11Common Stock (77,254 underlying)
Footnotes (3)
  • [F1]As reported in Form 4 dated 5/11/2007, Mr. Ramanathan was granted 1,287,513 Performance RSUs (as adjusted for the SunPower Spin factor of 4.12022) that could result in 0 to 257,515 Performance RSUs being earned annually by Mr. Ramanathan based on the company's achievement of performance milestones set by the Company's Compensation Committee. The amount reported on this Form 4 reflects the delivery based upon the achievement of 2011 performance milestones as approved by the Compensation Committee on February 23, 2012 and includes a milestone measured by the Company's Common Stock appreciation as compared to the SOXX Index. The remaining target shares have been forfeited and are not able to be earned in a future period.
  • [F2]84,874 shares were surrendered to pay tax applicable to the vesting of 192,168 restricted stock awards that were previously reported on Form 4 dated May 11, 2007
  • [F3]The amount reported on this Form 4 reflects the maximum amount that Mr. Ramanathan was eligible to earn for 2011 based upon the achievement of a performance milestone related to the Company's Common Stock appreciation as compared to the SOXX Index. Targeted shares related to performance milestones not achieved are forfeited and are not able to be earned in a future period.

Issuer

CYPRESS SEMICONDUCTOR CORP /DE/

CIK 0000791915

Entity typeother

Related Parties

1
  • filerCIK 0001346902

Filing Metadata

Form type
4
Filed
Feb 26, 7:00 PM ET
Accepted
Feb 27, 11:00 AM ET
Size
11.7 KB