Filing Details

Accession Number:
0001127602-14-027366
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-09-08 22:12:34
Reporting Period:
2014-09-04
Filing Date:
2014-09-08
Accepted Time:
2014-09-08 21:12:34
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 2014-09-04 3,028 $8.83 7,942,313 No 4 M Direct
Common Stock Disposition 2014-09-04 2,761 $10.83 7,939,552 No 4 S Direct
Common Stock Acquisiton 2014-09-04 5,306 $3.53 7,944,858 No 4 M Direct
Common Stock Disposition 2014-09-04 3,597 $10.83 7,941,261 No 4 S Direct
Common Stock Acquisiton 2014-09-04 382,800 $3.53 8,324,061 No 4 M Direct
Common Stock Disposition 2014-09-04 259,942 $10.83 8,064,119 No 4 S Direct
Common Stock Acquisiton 2014-09-05 621,900 $3.53 8,686,019 No 4 M Direct
Common Stock Disposition 2014-09-05 422,792 $10.84 8,263,227 No 4 S Direct
Common Stock Acquisiton 2014-09-08 437,377 $3.53 8,700,604 No 4 M Direct
Common Stock Disposition 2014-09-08 298,079 $10.86 8,402,525 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
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 Non Qualified Stock Option (Right to Buy) Disposition 2014-09-04 3,028 $0.00 3,028 $8.83
Common Stock Non Qualified Stock Option (Right to Buy) Disposition 2014-09-04 5,306 $0.00 5,306 $3.53
Common Stock Non Qualified Stock Option (Right to Buy) Disposition 2014-09-04 382,800 $0.00 382,800 $3.53
Common Stock Non Qualified Stock Option (Right to Buy) Disposition 2014-09-05 621,900 $0.00 621,900 $3.53
Common Stock Non Qualified Stock Option (Right to Buy) Disposition 2014-09-08 437,377 $0.00 437,377 $3.53
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2015-02-25 No 4 M Direct
0 2015-02-25 No 4 M Direct
1,059,277 2015-02-25 No 4 M Direct
437,377 2015-02-25 No 4 M Direct
0 2015-02-25 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 472,160 Indirect By Trust, Spouse
Footnotes
  1. Mr. Rodgers was granted an option to purchase 3,028 shares on February 25, 2005 as adjusted for the Sunpower spin-off in 2008. This option will expire on February 25, 2015. Since the company expects to enter into its normal quarter end blackout on September 13, 2014, Mr. Rodgers exercised the option. 2,761 shares were sold to pay for the exercise price and to cover required withholding taxes. The net amount of 267 shares will be held by Mr. Rodgers and will increase his total ownership (direct and indirect) to 8,411,712 shares.
  2. Mr. Rodgers was granted an option to purchase 5,306 shares on February 25, 2005 as adjusted for the Sunpower spin-off in 2008. This option will expire on February 25, 2015. Since the company expects to enter into its normal quarter end blackout on September 13, 2014, Mr. Rodgers exercised the option. 3,597 shares were sold to pay for the exercise price and to cover required withholding taxes. The net amount of 1,709 shares will be held by Mr. Rodgers and will increase his total ownership (direct and indirect) to 8,413,421 shares.
  3. Mr. Rodgers was granted an option to purchase 1,442,077 shares on February 25, 2005 as adjusted for the Sunpower spin-off in 2008. This option will expire on February 25, 2015. Since the company expects to enter into its normal quarter end blackout on September 13, 2014, Mr. Rodgers exercised the option. 980,813 shares were sold to pay for the exercise price and to cover required withholding taxes. The net amount of 461,264 shares will be held by Mr. Rodgers and will increase his total ownership (direct and indirect) to 8,874,685 shares.
  4. Options vest monthly over five years from the date of grant.