4//SEC Filing
DIODES INC /DEL/ 4
Accession 0001209191-17-014030
$DIODCIK 0000029002operating
Filed
Feb 22, 7:00 PM ET
Accepted
Feb 23, 6:55 PM ET
Size
17.4 KB
Accession
0001209191-17-014030
Insider Transaction Report
Form 4
DIODES INC /DEL/DIOD
KING MARK A
SVP Sales & Marketing
Transactions
- Sale
Diodes Incorporated Common Stock
2017-02-17$25.65/sh−42,000$1,077,413→ 68,770 total - Exercise/Conversion
Diodes Incorporated Common Stock
2017-02-23$15.05/sh+3,000$45,150→ 92,102 total - Exercise/Conversion
05/28/09 DIOD NQSO
2017-02-23−3,000→ 0 totalExercise: $15.05From: 2010-05-28Exp: 2019-05-28→ Diodes Incorporated Common Stock - Diodes (3,000 underlying) - Award
Diodes Incorporated Common Stock - Performance Stock Units
2017-02-21+20,332→ 20,332 total - Exercise/Conversion
Diodes Incorporated Common Stock
2017-02-17$15.05/sh+42,000$632,100→ 110,770 total - Award
Diodes Incorporated Common Stock
2017-02-21+20,332→ 89,102 total - Exercise/Conversion
05/28/09 DIOD NQSO
2017-02-17−42,000→ 3,000 totalExercise: $15.05From: 2010-05-28Exp: 2019-05-28→ Diodes Incorporated Common Stock - Diodes (42,000 underlying)
Footnotes (7)
- [F1]The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.51 to $25.76, inclusive. The reporting person undertakes to provide to Diodes Incorporated, any security holder of Diodes Incorporated, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (1) to this Form 4.
- [F2]Restricted stock units vest in four equal installments beginning 02/21/2018.
- [F3]Granted under Rule 16b-3 Plan.
- [F4]Each PSU represents a contingent right granted under the companys 2013 Equity Incentive Plan, a Rule 16b-3 Plan, to receive 1 share of Diodes Incorporated Common Stock.
- [F5]The PSUs vest in February 2020 upon the achievement of the 3-year financial performance measure of cumulative non-GAAP operating income for 2017 through 2019 of $204.6 million (Target Performance).
- [F6]This number represents the target number of PSUs (Target Award) that will vest if the Target Performance is achieved. There is a threshold that provides for payment of 50% of the Target Award upon 80% achievement of the Target Performance and a maximum that provides for payment of 200% of the Target Award upon 120% achievement of the Target Performances. Between 80% and 100% and between 100% and 120% achievement of Target Performance, the Target Award will be decreased or increased on a pro rata basis, with no payout below 80% achievement and payout limited to 200% of the Target Award if the Target Performance exceeds 120%.
- [F7]Non-qualified stock options exercisable in four equal annual installments beginning 05/28/2010.
Documents
Issuer
DIODES INC /DEL/
CIK 0000029002
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000029002
Filing Metadata
- Form type
- 4
- Filed
- Feb 22, 7:00 PM ET
- Accepted
- Feb 23, 6:55 PM ET
- Size
- 17.4 KB