0001209191-19-013372.txt : 20190226
0001209191-19-013372.hdr.sgml : 20190226
20190226133703
ACCESSION NUMBER: 0001209191-19-013372
CONFORMED SUBMISSION TYPE: 3
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20190218
FILED AS OF DATE: 20190226
DATE AS OF CHANGE: 20190226
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Whitmire Brett R
CENTRAL INDEX KEY: 0001768901
FILING VALUES:
FORM TYPE: 3
SEC ACT: 1934 Act
SEC FILE NUMBER: 002-25577
FILM NUMBER: 19632758
MAIL ADDRESS:
STREET 1: 4949 HEDGCOXE ROAD
STREET 2: SUITE 200
CITY: PLANO
STATE: TX
ZIP: 75024
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: DIODES INC /DEL/
CENTRAL INDEX KEY: 0000029002
STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674]
IRS NUMBER: 952039518
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 4949 HEDGCOXE ROAD
STREET 2: SUITE 200
CITY: PLANO
STATE: TX
ZIP: 75024
BUSINESS PHONE: 972-987-3900
MAIL ADDRESS:
STREET 1: 4949 HEDGCOXE ROAD
STREET 2: SUITE 200
CITY: PLANO
STATE: TX
ZIP: 75024
3
1
doc3.xml
FORM 3 SUBMISSION
X0206
3
2019-02-18
0
0000029002
DIODES INC /DEL/
DIOD
0001768901
Whitmire Brett R
4949 HEDGCOXE ROAD
SUITE 200
PLANO
TX
75024
0
1
0
0
CFO, Effective 3/1/2019
Diodes Incorporated Common Stock
18750
D
Diodes Incorporated Common Stock - Performance Stock Units
12000
D
The amount of securities beneficially owned includes a Restricted Stock Unit award of 12,000 shares approved by the Board of Directors on 2/18/2019 and were granted on 2/21/2019 that will vest in four equal installments beginning 2/21/2020.
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 were granted on 2/21/2019 and 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%.
Brett R. Whitmire
2019-02-26