CYPRESS SEMICONDUCTOR CORP /DE/ 4

4 · CYPRESS SEMICONDUCTOR CORP /DE/ · Filed Aug 3, 2016

Form 4

Period: 2016-08-01

EVP, Manufacturing

Transactions

Exercise/Conversion
Common Stock
2016-08-01+2,764→ 114,675 total
Tax Payment
Common Stock
2016-08-02$11.34/sh−1,484$16,829→ 113,191 total
Exercise/Conversion
Restricted Stock Units
2016-08-01−2,764→ 0 total
Exercise: $0.00From: 2015-04-30Exp: 2016-08-01→ Common Stock (2,764 underlying)

Footnotes (4)

[F1]The number of shares underlying this grant of Restricted Stock Units ("RSUs") was adjusted as provided in the Agreement and Plan of Merger and Reorganization dated as of December 1, 2014 (the "Merger Agreement" and, the transactions contemplated therein, the "Merger"), by and among the Issuer, Mustang Acquisition Corporation (a wholly owned subsidiary of the Issuer) and Spansion Inc., whereby each share of Spansion common stock was cancelled and automatically converted into 2.457 shares of Issuer common stock (the "Exchange Ratio"), with fractional shares being paid in cash as provided in the Merger Agreement. This RSU grant is subject to the same terms and conditions as were applicable to the Spansion RSU grant from which it converted.
[F2]The Reporting Person forfeited that number of shares of Common Stock underlying the RSUs held by the Reporting Person that vested and settled and were necessary to satisfy the income, employment or social tax withholding and remittance obligations of the Reporting Person or the Issuer in connection with the vesting of the RSUs.
[F3]Represents a contingent right to receive Issuer common stock on a one-for-one basis.
[F4]This RSU grant is fully vested.

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