Filing Details

Accession Number:
0001209191-16-096151
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-02-05 20:45:09
Reporting Period:
2016-02-03
Filing Date:
2016-02-05
Accepted Time:
2016-02-05 20:45:09
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
1183967 J Thurman Rodgers 198 Champion Court
San Jose CA 95134
President & Ceo Yes Yes 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 2016-02-03 18,500 $0.00 8,419,515 No 4 M Direct
Common Stock Disposition 2016-02-03 7,151 $7.35 8,412,364 No 4 F Direct
Common Stock Acquisiton 2016-02-03 60,000 $0.00 8,472,364 No 4 M Direct
Common Stock Disposition 2016-02-03 22,548 $7.35 8,449,816 No 4 F Direct
Common Stock Acquisiton 2016-02-04 6,000 $0.00 8,455,816 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 F Direct
No 4 M Direct
No 4 F Direct
No 4 P Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Performance and Service Based Restricted Stock Units Disposition 2016-02-03 18,500 $0.00 18,500 $0.00
Common Stock Performance and Service Based Restricted Stock Units Disposition 2016-02-03 60,000 $0.00 60,000 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 No 4 M Direct
120,000 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 100,000 Indirect By trust
Common Stock 210,000 Indirect By trust
Common Stock 210,000 Indirect By trust
Footnotes
  1. Represents the aggregate number of shares of Issuer common stock acquired upon vesting of the performance and service based Restricted Stock Units (the "RSUs").
  2. Upon vesting, the RSUs convert into Issuer common stock on a one-for-one basis.
  3. Represents the aggregate number of shares of Issuer common stock withheld for payment of the tax liability incident to the vesting of the RSUs issued in accordance with Rule 16b-3.
  4. These shares were purchased in multiple transactions at prices ranging from $7.465 to $7.490 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 purchased at each separate price within the range.
  5. These shares are held by The Rodgers Massey 2012 Residences Trust, for which the Reporting Person and his spouse serve as co-trustees.
  6. These shares are held by the T.J. Rodgers 2012 Irrevocable Trust, for which the Reporting Person's spouse serves as trustee.
  7. These shares are held by the Valeta Massey 2012 Irrevocable Trust, for which the Reporting Person's spouse serves as trustee.
  8. Represents a contingent right to receive Issuer common stock on a one-for-one basis.
  9. On March 29, 2014, the Reporting Person was granted 74,000 performance and service based RSUs, vesting in two (2) installments beginning on January 16, 2015, previously reported as January 23, 2015, and then on January 29, 2016, subject to and following approval by the Compensation Committee of the Issuer's Board of Directors (the "Committee"). On February 3, 2016, the Committee determined that the performance and service criteria had been satisfied with respect to the vesting of the RSUs. The grant award is fully vested.
  10. On March 3, 2015, the Reporting Person was granted 180,000 performance and service based RSUs, vesting in three (3) equal annual installments beginning on January 29, 2016, subject to and following approval by the Committee. On February 3, 2016, the Committee determined that the performance and service criteria had been satisfied with respect to the vesting of the RSUs.
  11. On March 3, 2015, the Reporting Person was granted 180,000 performance and service based RSUs, vesting in three (3) equal annual installments beginning on January 29, 2016, subject to and following approval by the Committee.