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
  1. Vested restricted stock unit shares were automatically withheld to cover income tax.
  2. Restricted stock units vest in four equal installments beginning 02/01/2024.
  3. Granted under Rule 16b-3 Plan.
  4. Vested restricted stock unit shares were automatically sold because the participant elected to participate in the Diodes Incorporated Deferred Compensation Plan.
  5. 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.
  6. 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).
  7. 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%.