Filing Details

Accession Number:
0001209191-15-079371
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-11-10 17:56:32
Reporting Period:
2015-11-06
Filing Date:
2015-11-10
Accepted Time:
2015-11-10 17:56:32
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 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 Disposition 2015-11-06 25,000 $0.00 52,721 No 4 S Direct
Common Stock Disposition 2015-11-09 1,956 $10.58 50,765 No 4 S Direct
Common Stock Acquisiton 2015-11-09 53,710 $4.28 104,475 No 4 M Direct
Common Stock Disposition 2015-11-09 53,710 $0.00 50,765 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S 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 Director Stock Option (Right to Buy) Disposition 2015-11-09 53,710 $0.00 53,710 $4.28
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 70,636 Indirect By limited partnership
Footnotes
  1. Represents a weighted average purchase price per share. These shares were sold in multiple transactions at prices ranging from $10.560 to $10.575 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.
  2. Received as provided in the Agreement and Plan of Merger and Reorganization dated as of December 1, 2014 (the "Merger Agreement" and, the transactions contemplated therein, the "Merger"), by and among the Issuer, Mustang Acquisition Corporation (a wholly owned subsidiary of the Issuer) and Spansion Inc. ("Spansion") in exchange for a stock option to purchase 30,000 shares of Spansion common stock at the exercise price of $10.51 per share. The number of shares underlying this option and the exercise price thereof were adjusted to reflect the Exchange Ratio as provided in the Merger Agreement whereby each share of Spansion common stock was canceled and automatically converted into 2.457 shares of Issuer common stock. The Director Stock Option is fully vested.
  3. Represents a weighted average purchase price per share. These shares were sold in multiple transactions at prices ranging from $10.550 to $10.590 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.
  4. 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.