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Filing Details

Accession Number:: 0001209191-19-013181
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2019-02-25 18:30:19
Reporting Period:: 2019-02-21

Accepted Time:: 2019-02-25 18:30:19
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
29002	Diodes Inc L	DIOD	Semiconductors & Related Devices (3674)	952039518

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1363562	Francis Tang	4949 Hedgcoxe Road Suite 200 Plano TX 75024	Vp,Worldwide Discrete Products	No	Yes	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Diodes Incorporated Common Stock	Acquisiton	2019-02-21	17,000	$0.00	96,770	No	4	A	Direct
Diodes Incorporated Common Stock - Performance Stock Units	Acquisiton	2019-02-21	17,000	$0.00	53,214	No	4	A	Direct
Diodes Incorporated Common Stock	Disposition	2019-02-22	4,553	$40.89	92,217	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	A	Direct
No	4	A	Direct
No	4	S	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Diodes Incorporated Common Stock	2,580	Indirect	By Son

Footnotes

Restricted stock units vest in four equal installments beginning 02/21/2020.
Granted under Rule 16b-3 Plan.
Each PSU represents a contingent right granted under the companys 2013 Equity Incentive Plan, a Rule 16b-3 Plan, to receive 1 share of Diodes Incorporated Common Stock.
The PSUs vest in February 2022 upon the achievement of the 3-year financial performance measure of cumulative non-GAAP operating income for 2019 through 2021 of $568.7 million (Target Performance).
This number represents the target number of PSUs (Target Award) that will vest if the Target Performance is achieved. There is a threshold that provides for payment of 50% of the Target Award upon 80% achievement of the Target Performance and a maximum that provides for payment of 200% of the Target Award upon 120% achievement of the Target Performances. Between 80% and 100% and between 100% and 120% achievement of Target Performance, the Target Award will be decreased or increased on a pro rata basis, with no payout below 80% achievement and payout limited to 200% of the Target Award if the Target Performance exceeds 120%.
A portion of the vested restricted stock unit shares was automatically sold to cover income tax.
These shares, which consist of restricted stock units, were granted to the reporting persons son, who shares the reporting persons household and is an employee of Diodes Incorporated. The reporting person disclaims beneficial ownership of the shares held by his son, and this report should not be deemed an admission that the reporting person is the beneficial owner of his sons shares for purposes of Section 16 or for any other purpose.