4//SEC Filing
Tsong Andy 4
Accession 0001209191-23-011612
CIK 0000029002other
Filed
Feb 21, 7:00 PM ET
Accepted
Feb 22, 4:07 PM ET
Size
7.6 KB
Accession
0001209191-23-011612
Insider Transaction Report
Form 4
DIODES INC /DEL/DIOD
Tsong Andy
SVP Worldwide Analog Products
Transactions
- Award
Diodes Incorporated Common Stock - Performance Stock Units
2023-02-01+9,000→ 9,000 total - Award
Diodes Incorporated Common Stock
2023-02-01+9,000→ 33,617 total
Footnotes (5)
- [F1]Restricted stock units vest in four equal installments beginning 02/01/2024.
- [F2]Granted under Rule 16b-3 Plan.
- [F3]Each PSU represents a contingent right granted under the companys 2022 Equity Incentive Plan, a Rule 16b-3 Plan, to receive 1 share of Diodes Incorporated Common Stock.
- [F4]The PSUs vest in February 2026 upon the achievement of the 3-year financial performance measure of cumulative non-GAAP operating income for 2023 through 2025 of $1,184.4 million (Target Performance).
- [F5]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%.
Documents
Issuer
DIODES INC /DEL/
CIK 0000029002
Entity typeother
Related Parties
1- filerCIK 0001966189
Filing Metadata
- Form type
- 4
- Filed
- Feb 21, 7:00 PM ET
- Accepted
- Feb 22, 4:07 PM ET
- Size
- 7.6 KB