Filing Details

Accession Number:
0001209191-15-028375
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-03-20 20:14:02
Reporting Period:
2015-03-18
Filing Date:
2015-03-20
Accepted Time:
2015-03-20 20:14:02
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
791915 Cypress Semiconductor Corp CY Semiconductors & Related Devices (3674) 942885898
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1181467 Raymond H Bingham C/O Cypress Semiconductor Corporation
198 Champion Court
San Jose CA 95134
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2015-03-18 98,995 $0.00 193,056 No 4 M Direct
Common Stock Disposition 2015-03-18 49,497 $15.19 143,559 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Restricted Stock Units Disposition 2015-03-18 4,095 $0.00 4,095 $0.00
Common Stock Restricted Stock Units Disposition 2015-03-18 33,783 $0.00 33,783 $0.00
Common Stock Restricted Stock Units Disposition 2015-03-18 53,452 $0.00 53,452 $0.00
Common Stock Restricted Stock Units Disposition 2015-03-18 7,665 $0.00 7,665 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 No 4 M Direct
0 No 4 M Direct
0 No 4 M Direct
0 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 27,845 Indirect By limited partnership
Footnotes
  1. Represents the aggregate number of Issuer common stock acquired upon settlement of the restricted stock unit awards received by the Reporting Person pursuant to the Agreement and Plan of Merger and Reorganization dated as of December 1, 2014, by and among the Issuer, Mustang Acquisition Corporation (a wholly owned subsidiary of the Issuer) and Spansion Inc. (the transactions contemplated therein, the "Merger").
  2. Includes 94,061 shares of Issuer common stock received by the Reporting Person in the Merger.
  3. Represents the aggregate number of shares of Issuer common stock sold to cover taxes due upon vesting and settlement of the RSU's (as defined below).
  4. Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $14.9935 to $15.3134 per share. The Reporting Person has provided to the Issuer, and undertakes to provide to the staff of the Securities and Exchange Commission or any security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range.
  5. Shares held in a limited partnership. Trusts for the Reporting Person's children hold partnership interests in the limited partnership. The Reporting Person has authority to act on behalf of the limited partnership. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his beneficiary interest therein.
  6. Represents a contingent right to receive Issuer common stock on a one-for-one basis. These Restricted Stock Units (the "RSU's") are fully vested, being subject to the same terms and conditions as were applicable to the Spansion Inc. RSU's from which they converted in connection with the Merger.