4//SEC Filing
TONDREAU PAMELA L. 4
Accession 0001209191-19-061203
CIK 0000791915other
Filed
Dec 17, 7:00 PM ET
Accepted
Dec 18, 8:00 PM ET
Size
26.0 KB
Accession
0001209191-19-061203
Insider Transaction Report
Form 4
TONDREAU PAMELA L.
Chief Legal Officer & HR
Transactions
- Exercise/Conversion
Common Stock
2019-12-16+24,581→ 299,379 total - Exercise/Conversion
Restricted Stock Units
2019-12-16−18,000→ 0 totalExp: 2019-12-16→ Common Stock (18,000 underlying) - Exercise/Conversion
Restricted Stock Units
2019-12-16−24,581→ 33,520 total→ Common Stock (24,581 underlying) - Exercise/Conversion
Common Stock
2019-12-16+18,000→ 244,670 total - Exercise/Conversion
Common Stock
2019-12-16+14,443→ 274,798 total - Award
Common Stock
2019-12-16+37,632→ 337,011 total - Exercise/Conversion
Common Stock
2019-12-16+15,685→ 260,355 total - Tax Payment
Common Stock
2019-12-16$23.38/sh−86,042$2,011,662→ 314,164 total - Exercise/Conversion
Restricted Stock Units
2019-12-16−15,685→ 0 totalExp: 2019-12-16→ Common Stock (15,685 underlying) - Exercise/Conversion
Restricted Stock Units
2019-12-16−14,443→ 14,443 total→ Common Stock (14,443 underlying) - Award
Common Stock
2019-12-16+63,195→ 400,206 total
Footnotes (11)
- [F1]On December 12, 2019, in order to mitigate or eliminate the amount of excise tax that might be payable by the Reporting Person in certain circumstances pursuant to Sections 280G and 4999 of the Internal Revenue Code of 1986, as amended, the Board of Directors of the Issuer approved accelerated vesting of the Reporting Person's equity awards that were otherwise scheduled to vest in January and February of 2020, including service-based restricted stock units ("RSUs") and performance-based stock units ("PSUs"), with PSUs accelerating vesting at their maximum performance level and with all such RSU and PSU acceleration occurring on December 16, 2019.
- [F10]On February 16, 2018, the Reporting Person was granted 43,328 service-based RSUs, which were originally scheduled to vest in three equal annual installments beginning on the first anniversary of the grant date.
- [F11]On February 15, 2019, the Reporting Person was granted 58,101 service-based RSUs, with approximately 42% of the units originally scheduled to vest on the first anniversary of the grant date and the remainder of the units scheduled to vest in equal installments on the second and third anniversaries of the grant date.
- [F2]RSUs convert into common stock on a one-for-one basis upon vesting.
- [F3]Includes 1,944 shares acquired under the Issuer's employee stock purchase plan on June 28, 2019.
- [F4]Represents shares of Issuer common stock accelerating vesting in connection with PSUs granted on March 16, 2017 as part of the Issuer's Performance Accelerated Restricted Stock (or PARS) program.
- [F5]PSUs convert into common stock on a one-for-one basis upon vesting. Under SEC guidance, PSUs are not considered derivative securities and therefore do not appear in Table II.
- [F6]Represents shares of Issuer common stock accelerating vesting in connection with PSUs granted on February 15, 2019 as part of the Issuer's Long-Term Incentive (or LTI) Program.
- [F7]Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of RSUs and PSUs.
- [F8]On February 26, 2015, the Reporting Person was granted 90,000 service-based RSUs, originally scheduled to vest in five equal annual installments beginning on January 22, 2016.
- [F9]On March 16, 2017, the Reporting Person was granted 47,052 service-based RSUs, with two-thirds (2/3) of the units vesting on February 1, 2019 and the remaining one-third (1/3) originally scheduled to vest on February 3, 2020.
Documents
Issuer
CYPRESS SEMICONDUCTOR CORP /DE/
CIK 0000791915
Entity typeother
Related Parties
1- filerCIK 0001722237
Filing Metadata
- Form type
- 4
- Filed
- Dec 17, 7:00 PM ET
- Accepted
- Dec 18, 8:00 PM ET
- Size
- 26.0 KB