SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Plohetski John

(Last) (First) (Middle)
1228 TITAN WAY

(Street)
SUNNYVALE CA 94085

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
DIONEX CORP /DE [ DNEX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Vice President
3. Date of Earliest Transaction (Month/Day/Year)
08/03/2010
4. 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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 01/31/2010 A 173(1) A $55.61 983 D
Common Stock 07/30/2010 A 99(1) A $59.49 1,082 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Non-Qualified Stock Option(2) $76.3 08/03/2010 A 17,000 08/03/2011(2) 08/02/2020(2) Common Stock 17,000 $76.3 52,670 D
Restricted Stock Units(3) $0(4) 08/03/2010 A 2,125 (4) (6) Common Stock 2,125 $0 54,795 D
Performance Based Restricted Stock Units(5) $0(5) 08/03/2010 A 2,125 (5) (6) Common Stock 2,125 $0 56,920 D
Explanation of Responses:
1. Shares purchased pursuant to the Employee Stock Purchase Plan.
2. The options vest at 25% at year one and 6.25% quarterly thereafter beginning on August 3, 2011.
3. Each restricted stock unit represents a contingent right to receive one share of Dionex Corporation common stock.
4. The restricted stock units vest in five equal annual installments beginning August 3, 2011. Delivery of one share of Common Stock for each Restricted Stock Unit that vests shall occur on the date that is the earlier of (i) five years after August 3, 2010 and (ii) the termination of continuous service to Dionex Corporation by the officer provided that delivery may be delayed as provided in the Stock Unit Award Agreement.
5. Each Performance-based Restricted Stock Unit (RSU) represents the right to receive, following vesting, shares of common stock. The resulting number of shares of common stock acquired upon vesting of the Performance-based RSUs is contingent upon the achievement of pre-established performance metrics, as approved by the Company's Compensation Committee. If the performance target is not achieved then the number shares issued will be reduced prorate to a threshold of 50% of the targets under which no shares will vest. If the performance target is achieved then the number of shares listed above shall vest. If the performance target is exceeded then shares up to a maximum of 150% of the target grant listed above shall vest. Vesting for performance based RSUs occurs over a 4 year period with a cliff vest after 2 years at 50% (if target is met or exceeded) and 25% each year thereafter.
6. There is no expiration date
/s/ Criag A. McCollam for John Plohetski 08/05/2010
** 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 4 (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.
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