Filing Details
- Accession Number:
- 0001209191-23-007085
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-02-03 17:24:06
- Reporting Period:
- 2023-02-01
- Accepted Time:
- 2023-02-03 17:24:06
- 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 |
---|---|---|---|---|---|---|---|
1726369 | Emily Yang | 4949 Hedgcoxe Road Suite 200 Plano TX 75024 | Svp Worldwide Sales/Marketing | No | 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 |
---|---|---|---|---|---|---|---|---|---|---|
Diodes Incorporated Common Stock | Disposition | 2023-02-01 | 350 | $93.35 | 37,492 | No | 4 | F | Direct | |
Diodes Incorporated Common Stock | Acquisiton | 2023-02-01 | 9,000 | $0.00 | 46,492 | No | 4 | A | Direct | |
Diodes Incorporated Common Stock | Disposition | 2023-02-02 | 950 | $93.72 | 45,542 | No | 4 | S | Direct | |
Diodes Incorporated Common Stock - Performance Stock Units | Acquisiton | 2023-02-01 | 9,000 | $0.00 | 55,204 | No | 4 | A | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | F | Direct | |
No | 4 | A | Direct | |
No | 4 | S | Direct | |
No | 4 | A | Direct |
Footnotes
- Vested restricted stock unit shares were automatically withheld to cover income tax.
- Restricted stock units vest in four equal installments beginning 02/01/2024.
- Granted under Rule 16b-3 Plan.
- Vested restricted stock unit shares were automatically sold because the participant elected to participate in the Diodes Incorporated Deferred Compensation Plan.
- Each PSU represents a contingent right granted under the companys 2022 Equity Incentive Plan, a Rule 16b-3 Plan, to receive 1 share of Diodes Incorporated Common Stock.
- The PSUs vest in February 2026 upon the achievement of the 3-year financial performance measure of cumulative non-GAAP operating income for 2023 through 2025 of $1,184.4 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%.