SEC FORM 3

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Thad Trent

(Last)

(First)

(Middle)

198 CHAMPION COURT

(Street)

SAN JOSE

95134

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
05/09/2014

3. Issuer Name and Ticker or Trading Symbol
CYPRESS SEMICONDUCTOR CORP /DE/ [ CY ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	CFO

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	43,361	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Non Qualified Stock Option (Right to Buy)	⁽¹⁾	10/27/2016	Common Stock	15,450	$3.9877	D
Non Qualified Stock Option (Right to Buy)	⁽¹⁾	03/19/2019	Common Stock	17,000	$6.17	D
Non Qualified Stock Option (Right to Buy)	⁽²⁾	12/18/2020	Common Stock	16,001	$11.27	D
Non Qualified Stock Option (Right to Buy)	⁽³⁾	05/30/2021	Common Stock	20,002	$11.55	D
Performance/Service Restricted Stock Units	⁽⁴⁾	03/29/2022	Common Stock	40,000	$0	D
Restricted Stock Units	⁽⁵⁾	05/02/2022	Common Stock	20,000	$0	D
Restricted Stock Units	⁽⁶⁾	12/08/2018	Common Stock	4,534	$0	D
Restricted Stock Units	⁽⁷⁾	12/01/2019	Common Stock	5,200	$0	D
Restricted Stock Units	⁽⁸⁾	12/18/2020	Common Stock	4,267	$0	D
Restricted Stock Units	⁽⁹⁾	05/30/2021	Common Stock	5,333	$0	D
Restricted Stock Units	⁽¹⁰⁾	05/12/2018	Common Stock	8,000	$0	D

Explanation of Responses:

1. Options are fully vested and exercisable as of the date of this filing.

2. 4800 options are fully vested and exercisable as of the date of this filing. The remaining options vest monthly over the five years from the date of grant, or 12/18/2012.

3. 4000 options are fully vested and exercisable as of the date of this filing. The remaining options vest monthly over the five years from the date of grant, or 5/30/2013.

4. 20% of this grant is service-based and 15% will vest on January 30, 2015 and the remaining 5% will vest on January 30, 2016, provided Mr. Trent is employed and in good standing with the Company on each of the vest dates.

5. 50% of this service-based grant will vest on June 1, 2015 and the remaining 50% will vest on June 1, 2016.

6. Represents unvested restricted stock units remaining on a five year grant that will vest in equal parts over the next two years on the anniversary of the 10/31/10 vest date.

7. Represents unvested restricted stock units remaining on a five year grant that will vest in equal parts over the next three years on the anniversary of the 11/14/11 vest date.

8. Represents unvested restricted stock units remaining on a five year grant that will vest in equal parts over the next four years on the anniversary of the 11/19/12 vest date.

9. Represents unvested restricted stock units remaining on a five year grant that will vest in equal parts over the next four years on the anniversary of the 05/09/13 vest date.

10. Represents unvested restricted stock units remaining on a five year grant that will vest fully on the next anniversary date of the 01/18/2010 vest date.

	Neil H. Weiss, Treasurer, as attorney-in-fact for Thad Trent	06/04/2014
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.