4//SEC Filing
SunEdison Semiconductor Ltd 4
Accession 0001628280-16-021946
CIK 0001585854operating
Filed
Dec 8, 7:00 PM ET
Accepted
Dec 9, 2:30 PM ET
Size
27.8 KB
Accession
0001628280-16-021946
Insider Transaction Report
Form 4
Dunnigan William Joseph
Senior V.P. and General Mgr.
Transactions
- Disposition to Issuer
Employee Share Option (right to buy)
2016-12-02−4,274→ 0 totalExercise: $3.12Exp: 2025-01-20→ Ordinary Shares (4,274 underlying) - Disposition to Issuer
Restricted Stock Units
2016-12-02−8,015→ 0 totalExercise: $0.00→ Ordinary Shares (8,015 underlying) - Disposition to Issuer
Employee Share Option (right to buy)
2016-12-02−3,271→ 0 totalExercise: $9.15Exp: 2025-01-20→ Ordinary Shares (3,271 underlying) - Other
Ordinary Shares
2016-12-02$12.00/sh−8,609$103,308→ 0 total - Disposition to Issuer
Employee Share Option (right to buy)
2016-12-02−558→ 0 totalExercise: $2.65Exp: 2025-01-20→ Ordinary Shares (558 underlying) - Disposition to Issuer
Restricted Stock Units
2016-12-02−6,156→ 0 total→ Ordinary Shares (6,156 underlying) - Disposition to Issuer
Restricted Stock Units
2016-12-02−14,500→ 0 total→ Ordinary Shares (14,500 underlying) - Disposition to Issuer
Restricted Stock Units
2016-12-02−818→ 0 total→ Ordinary Shares (818 underlying) - Disposition to Issuer
Employee Share Option (right to buy)
2016-12-02−2,617→ 0 totalExercise: $2.65Exp: 2025-01-20→ Ordinary Shares (2,617 underlying) - Disposition to Issuer
Employee Share Option (right to buy)
2016-12-02−1,472→ 0 totalExercise: $3.30Exp: 2025-01-20→ Ordinary Shares (1,472 underlying) - Disposition to Issuer
Employee Share Option (right to buy)
2016-12-02−5,234→ 0 totalExercise: $1.68Exp: 2025-01-20→ Ordinary Shares (5,234 underlying)
Footnotes (8)
- [F1]Pursuant to the Implementation Agreement (the "Implementation Agreement"), dated as of August 17, 2016, by and among SunEdison Semiconductor Limited (the "Company"), GlobalWafers Co., Ltd. ("GWC") and GWafers Singapore Pte. Ltd. ("Acquiror") and Scheme of Arrangement under Singapore law, Acquiror acquired all of the outstanding ordinary shares of the Company (including those of Mr. Sadasivam, but excluding those held by GWC, Acuiror and their subsidiaries) in exchange for a cash payment of $12.00 per share on December 2, 2016.
- [F2]Restricted stock units ("RSUs") granted under the Company's 2014 Non-Employee Director Incentive Plan. Each RSU represented a contingent right to receive an ordinary share of the Company.
- [F3]The RSUs were granted on January 20, 2015 and were scheduled to vest in equal installments on the second, third and fourth anniversary of the date of grant. Pursuant to the Implementation Agreement, these RSUs became vested in their entirety and converted into the right to receive a cash payment equal to $12.00 per share covered by the RSU
- [F4]The RSUs were granted on June 13, 2014 and were scheduled to vest in equal installments on the second, third and fourth anniversary of the date of grant. Pursuant to the Implementation Agreement, these RSUs became vested in their entirety and converted into the right to receive a cash payment equal to $12.00 per share covered by the RSU
- [F5]The RSUs were granted on June 11, 2015 and were scheduled to vest in full on the first anniversary of the grant date. Pursuant to the Implementation Agreement, these RSUs became vested in their entirety and converted into the right to receive a cash payment equal to $12.00 per share covered by the RSU.
- [F6]The RSUs were granted on April 1, 2016 and were scheduled to vest in four equal installments commencing on the first anniversary of the date of grant. Pursuant to the Implementation Agreement, these RSUs became vested in their entirety and converted into the right to receive a cash payment equal to $12.00 per share covered by the RSU.
- [F7]This option vested in full on 01/20/2015.
- [F8]This option, granted under the LTIP, became fully vested (to the extent not already fully vested) and terminated in its entirety pursuant to the Implementation Agreement in exchange for a cash payment equal to the product of (i) $12.00 less the exercise price per share of the option multiplied by (ii) the total number of shares underlying the option.
Documents
Issuer
SunEdison Semiconductor Ltd
CIK 0001585854
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001585854
Filing Metadata
- Form type
- 4
- Filed
- Dec 8, 7:00 PM ET
- Accepted
- Dec 9, 2:30 PM ET
- Size
- 27.8 KB