4//SEC Filing
GEHA SAM 4
Accession 0001209191-19-061209
CIK 0000791915other
Filed
Dec 17, 7:00 PM ET
Accepted
Dec 18, 8:03 PM ET
Size
21.8 KB
Accession
0001209191-19-061209
Insider Transaction Report
Form 4
GEHA SAM
Corporate SVP, Memory Products
Transactions
- Award
Common Stock
2019-12-16+41,816→ 217,091 total - Exercise/Conversion
Restricted Stock Units
2019-12-16−17,425→ 0 totalExp: 2019-12-16→ Common Stock (17,425 underlying) - Exercise/Conversion
Restricted Stock Units
2019-12-16−14,861→ 14,861 total→ Common Stock (14,861 underlying) - Exercise/Conversion
Restricted Stock Units
2019-12-16−23,836→ 32,504 total→ Common Stock (23,836 underlying) - Tax Payment
Common Stock
2019-12-16$23.38/sh−78,943$1,845,687→ 199,426 total - Exercise/Conversion
Common Stock
2019-12-16+17,425→ 136,578 total - Exercise/Conversion
Common Stock
2019-12-16+23,836→ 175,275 total - Award
Common Stock
2019-12-16+61,278→ 278,369 total - Exercise/Conversion
Common Stock
2019-12-16+14,861→ 151,439 total
Footnotes (9)
- [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.
- [F2]RSUs convert into common stock on a one-for-one basis upon vesting.
- [F3]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.
- [F4]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.
- [F5]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.
- [F6]Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of RSUs and PSUs.
- [F7]On March 16, 2017, the Reporting Person was granted 52,276 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.
- [F8]On February 16, 2018, the Reporting Person was granted 44,582 service-based RSUs, which were originally scheduled to vest in three equal annual installments beginning on the first anniversary of the grant date.
- [F9]On February 15, 2019, the Reporting Person was granted 56,340 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.
Documents
Issuer
CYPRESS SEMICONDUCTOR CORP /DE/
CIK 0000791915
Entity typeother
Related Parties
1- filerCIK 0001722181
Filing Metadata
- Form type
- 4
- Filed
- Dec 17, 7:00 PM ET
- Accepted
- Dec 18, 8:03 PM ET
- Size
- 21.8 KB